Member Info for Ddraig

12.00

You managed to illustrate my point whilst also missing it.

You can engineer whatever view you hold/want to express depending on the time series.

Each to their own…all views are valid but generally people only follow their own

11.32

Quick you better sell up :-)

Or it’s 22% up in last 6 weeks good news brewing I sense.

Better buy more

Ha ha

12.27

Sure…

11.04

Huh?

And from AI…as a ball park check on calculation and other factors to consider for any valuation

The Calculation (for context, not a final figure):

1 TCF = 1,000,000,000 Mcf.

1,000,000,000 Mcf * $4.70/Mcf = $4.7 billion (using the 2020 crude helium price).

Why the "Worth" is Variable:

Purity: The value jumps from crude to Grade-A helium.

Supply Chain Issues: The world depends on a few sources, and supply disruptions can drastically increase prices.

High-Tech Demand: The demand from high-tech industries and scientific applications pushes prices up.

Anywhere close to these values certifies the “elephant in the room” comment

Real back of an envelope and happy to be corrected

6.6 tcf at low ball 0.5% concentration

33bcf. Current market is wide ($400k - $1m+ per bcf)

This would mean $13.2bn to $33bn gross value, excluding extract, separation, refining and sale costs.

Maybe the gas’s, but the oil!

Max said

“Based on our sampling, it's between 0.5-2.0% helium, the gas, so that resource alone is worth more than our natural gas,” Easley said

Which is 0.5% -2% of 6.6 tr cf total gas

The helium is contained in the other gasses but the ratio is much higher than other producers and the cost is phenomenal

During the magnez-1 webinar they explained the amount of helium could propel them into the largest producer of helium in the world.

As a reminder, the world only haze a finite amount of helium and it’s used for many important things (not just blowing up balloons and making your voice squeaky (albeit house are important things too ;-)

It’s used in the manufacture of electronics etc.

At the time me and a few others on this site looked at the amount and current prices and it could actually be worth more than the oil, if I remember correctly.

Key to this is the US would allow us to produce it, believe sometimes governments assume the rights to it…again from memory

07.58

And they are still to mention the hidden elephant….the Helium :-)

15.14…I’ve read clearer statements ;-)

14.17

Might be wrong but I think the my have to show the next one that takes them through the 0.5% threshold.

If they have cleared more then (as example) they would have to show 0.49% and then no more.

If the clearance took them to 0.1% then that would be filled.

If you look back to 1 Oct 24 they went from 1.53% to 0.0% so appears the recordable clear was 1.53% in 1 day

09.13…I was referring to the comment about bombard being glass half empty but being fair.

Try not to be so reactive until you’ve understood the message

08.49

Not strictly fair. The flow test of alkaid encountered challenges…aka there are still steps that need to be completed correctly according to the geology to ensure best result.

There is still some risk but the team is far stronger than alkaid days so am confident they will analyse and make the correct decision to maximise result.

He’s heading up to Alaska to meet Putin…anyone reckon he’ll be checking out where his LNG pipeline’s going to run 😁

If they close out completely that’s very helpful for sentiment.

Not that I think they knew anymore than anyone else…they got lucky playing the results and the whippy nature of AIM and (mainly) unsophisticated investors.

Clearly don’t want to mess with Dubhe 1 production test well and the multiple facets it can/will unlock… incl. a full US listing…where much bigger fish enter the pond! :-)

17.50

I’m inclined to agree

Be interesting to see if mangroves closed more today, volumes jumped latter part of the day…

If they did more today suspect they’ll be trying to close to zero in an orderly fashion by hoovering up and sellers

17.04 - very interesting. Through highs and lows these guys have been stubborn…but whilst this stays low they are closing out….maybe they are worried that the next rise will stick / these levels may become a thing of the past.

Who knows

08.38

And that’s the opportunity for the 0.1% of the market to execute a strategy that returns them far more than the 99.9% that in hindsight end up kicking themselves.

Or equally could be the other way round

Time will tell