Member Info for Cjm83

I agree Vecta’s management is very poor.

Sagebrush is the big fish which MSMn is operator and fully manage. Vecta is a nice to have but not the main event.

Hopefully you guys get a steady rise. I suspect full potential will be once the first production numbers arrive and you bank the Helium.

I am in other Helium shares but all good for the sector.

Just remember flow rates are as important than % He so do not get sucked into negativity.

The wording does not matter really. Delay in site visits due to weather has an impact on overall filing.

We wont get a prep RNS. Next one will be ‘we are on location, spud on X date’.

Just a waiting game now.

Not getting a big rise is no surprise really as the Mcap was 60-65m so these current wells are priced in and HE1 is over valued.

However:

1: Tanzania is the main play but it needs investment and infrastructure i.e money.

2: these Helium plays in the US have one job and that is to help fund Tanzania.

Funding may also cone from JV hopefully Tanzania government. Then the rises happen.

3: these US helium wells may get you a little rise but will be in retrospect after the drills with good post well analysis. Just spudding means nothing.

Annoying yes but you have to look longer term as in 2025 as a start.

Getting revenue onto the balance sheet is a big help in SP as is a JV.

DSYMONS wont reply, look at his history on other shares always negative with no real value. the usual LSE half wit.

Well played. I was a bit early to the party so had to wait but back blue today overall so cannot complain.

Fully funded for 2025. They may farm in a little. But good to go.

Even so the Sp will be in a different ballpark end 2025 vs now.

Always a risk of course but very reduced.

There are a few points here:

1: MSMN is not the operator so Vecta control everything and they are private so are difficult to track from our side.

2: Every rig in the land had a time scale. so lets say for an example we want rig number 23 as it drills to our depth and has the water permits, The rig company know that over the next 1/2 or 3 weeks/months /years what that rig is doing. So Vecta should have a provisional rig is free on xxx date. Now they do not say maybe it is years until it is free. I know some offshore rigs are booked up at 3/5 years at a time.

I suspect our cheap drill rate means we take what we can get as activity is high.

3: Sagebrush and cayote wash are important as we are operator. We can move fast on those.

4: Sagebrush is confirmed Hydrocarbons above Salt and below salt is non hydrocarbon gasses Helium being 1 but concentrations unknown.

So for 2025 i am expecting the following:

1: Sagebrush confirmation Monday ( due to time differences), drilling end Q3 into Q4 2025. this is the one that makes us the money on two fronts.

2: Vecta could be anytime but do not bet on it, will be a nice surprise when i comes but we could Drill Sagebrush first as alluded in the RNS where Sagebrush and coyote wash is valued higher than Vecta.

Finally we should be a 20m MCap company circa 0.1-0.12p. we are not because we have not got the history of drilling a well.

example HE1 has drilled in Tanzania so Mcap 50m, does not mention the infrastructure needed and 15+ well to get commercial would need massive placings or investment. hence why they switched to the US . BUT THEY CAN DRILL A WELL.

we do know that when MSMN re rates it will be massive but the crystal ball is broken.

Any idea how many placing shares we have left to churn through if any.

What is the consensus here.

I have been in and out of this share for a while. Back in last week not a huge amount but enough.

Are we thinking the catalyst for upward movement is orders or yearly accounts proving income.

There is a healthy balance now going into this year. So the doomsayers always banging on about placings and that negativity is temporarily reduced.

Sure we will get to one day and be in a better place.

Very undervalued vs potential.

This is why people say AIM is corrupt.

You can slowly build value into a share ( even if it has a rocky past) and the Sp collapses or erodes. we had the samples being sent which OK is a step forward but not mega. but the the $1.23mil rebate is a big deal as it protects a little from a placing which people love to bang on about and vs the Mcap it is a fair whack of cash in the bank.

Yet other shares do 500% on no news. That can only be insider info and manipulation.

Now i do believe Cap xx will come good and one day we will get back towards 1p as a starter. but you get the feeling if they RNS'ed a big sales manufacturing deal it would go down and not move. Patience is key i guess.

this happens with other Shares with good fundamentals, not in a rush to sell but can be frustrating.

ooorrrr i could sell then you guys will get your day in the sun as i have that effect on shares. haha

Any thoughts on why we have all these sells. I was hoping the RNS being positive and opening to tie ups and potential for more customers going forward was a good thing.

Sometimes these positives take time to filter through.

True the FatRat i had to pay 0.178p this morning.

Firstly Vecta are a private company so have to say nothing to the markets so will be keeping their information close to there chests. MSMN's requests maybe vague as that is what they are told.

Start drilling Oct-Dec 24. History says when BlueStar were JV with Vecta. Vecta told them they had a rig and Spudding with in 7 days, so a fast turn around potentially.

We might not get an RNS until close to Spud, i also expect results to be vagues with Vecta.

That being said i am invested because of the drills and the asset has not changed even with a delay.

Private companies are always very guarded on their business.

If you look at HE1 at 60mil Mcap. Even with their Tanzania which needs lots of infrastructure.

MSMN is cheap at 8mil Mcap. Drilling in the same region. So i suspect HE1 is very very over valued.

Or we are due a big re rate on drilling.

This mornings RNS is good news, the US is good for drilling shallow helium wells. Easy to het to market with cheaper drilling costs.

However until a US project comes to fruition the 62mil MCap is a bit high or less value.

Yes HE1 has Tanzania but that needs money time and here is no infrastructure to market, one for the future paid for by the US success, hopefully.

The issue you have now is from an investment point of view there are many Helium companies that are 8-10 mil MCap that are also in the US aiming for high % Helium.

So of those are fully funded also.

This may hold HE1 back until something gets drilled and proven in the US.

But this could also go bananas we just do not know.

I would say when the drill plan is out we could be 0.1p-0.15p then if any of those 5 drills come good then we may get 0.5p .

So 0.1-0.15p about 20m mcap

And 0.4-0.5p about 60m mcap

But with momentum anything can happen. But that is what i realistically can see in the next 3 months if no delays.

I am not in Angus anymore. But you guys might just get something this winter.

The La Nina is in effect this year which means the UK will be cold crisp and blue skies in the majority Dec-Feb. Still calm days ( very bad for wind farms ).

Think Beast from the East 2017. Proper winter.

Gas will be the only reliable source. Oh and be prepared for power cuts.