Member Info for CrustyPete

Thankfully, we are both far too old and, hopefully, sensible for that ;0)

It seems hardly to have been worth opening a market in He1 today, that trade volumes and values are disappointingly small. That said the same seems to be true of all my small cap holdings today - is there a new bank holiday announced that I Have missed!?

A very similar scenario for me Chester I am afraid to say - for me it will be work commitments that will likely as not rule out getting there on time. Bugger...

Good luck to all that can attend - I will be eagerly awaiting any reports.

And Sausage, unfortunately you don't believe the Cambay "hype" , I don't believe it and most importantly the market doesn't believe it either; hence the destruction of shareholder value.

Well done Ufufuo, a coherent and comprehensive rebuttall. Really good work, thank you.

I am sure they have better things to do EE, I certainly do.

"abuse"? Now who has a thin skin?

Oh and whilst we are at it; once taking you seriously was, thankfully, one mistake that I totally managed to avoid. ;0)

Oh and of course the risk that the current license for Cambay will be lost due to time overruns..... only then to be subsequently awarded back to Selan after a few palms have been greased.

Because Gordon, without doing so, the sums do not add up methinks; the income from Cambay will not support Roland's brace of CCS vanity projects for the duration of their anticipated lifetime and yet due to a total lack of visible and compelling ROCE he will be unable to raise any capital to support them from the market....?

Oh now there is a surprise! It seems your arrogance has simply multiplied with your years, along with your forgetfulness Emptyend.

Are you deaf, blind or just totally stupid......? You repeat the same drivel every day and seemingly fail to heed any and every post that proves your ridiculous thesis nonsensical bunk.

A disingenuous scaremonger with the brains of a plank.

Oh really EE....? Let me remind you.

To a simple and polite request for guidance your response was "It is like teaching children, Ruck….🙄"

And then proceeded to complain at my response.

Arguing EE, what with me? You mean you would condescend to even talk to such a "child"? Wonders will never cease.....

I received my "Letter of Representation yesterday (phew!) so I may well see you there Botski.

Ben, I totally agree with McNol's message in the second paragraph - there are natural resistance levels with all stocks and those resistance levels are created for both technical and more esoteric reasons; even such things as trivial as whole numbers, or in the case of He1 currently, a significant milestone like getting through 0.50p can become something of a psychological barrier. These can and often are broken through eventually but it typically requires a number of attempts and some trading momentum. Eventually the once perceived "ceiling" can eventually become the "floor".

As regards McNols first paragraph am not sure that I wholly agree. My view is that yes there wasa fundamental underlying weakness created by uncertainties and obfuscation around the reason for Galactica delays, why they were not announced oir explained (even now) in good time and the seeming funding anomalies / differences between the BLN and He1 fundraises ($2.5m versus £4.5mfor Galactica) but it cannot be denied in my view that raising using a CLN issue was a serious and unnecessary mistake. The only question, which we are unlikely ever to get an answer for, is whose mistake? He1 BoD or our "advisers" - I know where my vote would go and it is largely in the direction of the fee earning advisers and MM's....

That said it is not our advisers fault that created the aforementioned uncertainties - the board could easily have clarified the reasons for Galactica delays and the anomaly between the BLN and He1 raises but, so far, have chosen to remain tight lipped about both. Something that I will be raising at the, soon to be held, AGM....

Yes Botski very true but is that information likely to materially affect the sp? That payment made no difference at all this time last year.

FWIW PensionInvestor I think it highly likely that we will get to 0.85p and above by the turn of the year, certainly before the end of January.

And Oscar, production is meant to be achieved in December this year but not material income; that is not anticipated until end of Q1 2026.

So it would appear that the 6.6 million was only part of it - more yet to be revealed.

Now that is a sizeable trade! 4.4% of the issues share cap. Surely has to be a TR1 tomorrow, so we should see who is responsible.

Oh and Vascular sorry but no, not 2.5% but 0.25%.

Rob, you say that you couldn't sell in quantity for above 9.38p. Well not quite Rob, I tested the market a few times today and for sizes of up to 500,000 and was offered variously between 9.55 - 9.70p at different times; though later in the day couldn't get a price for more than 200,000. Moreover of it had been a buy a cannot see how the sp didn't rise - indeed it fell, albeit only marginally from 10.00 to 9.80p as we were discussing earlier.