Member Info for deep100

Pub

The last post was fact - Lorna did admit that the nomad forced them to raise at a massive discount AND announce it in advance to trash the sp .

Perhaps you weren’t around then or you have a selective memory

John

And this is the 2nd time they have done this & crashed the sp . When questioned why last time Lorna said it was out of her hands - that the nomad had forced it on them . Seems like it has happened again & that the nomad is pulling the strings regarding finance

Having been a He1 investor since the early days , it was the appointment of DM as chairman which cast my eye towards Hex at IPO . I would probably not of been here since then so I would like to thank him for his services to the company. His enthusiasm was infectious & perfect for the exploration phase of operations. Good luck to him on his future career elsewhere & I am sure he will be a success wherever he goes .

ESP test at Tai - I don’t think so !

Getting a bit confused are we ? 😂

🎣

I agree with Bluebay & wyndrum in that Galatica is the main focus & project atm . Rukwa is a million miles away from getting to production & may never get there due to the costs involved.

He1 know this & that’s why they made the decision to invest in Galactica . What would the sp be now if they hadn’t ? There has been nothing going on since September when they applied for the ML .

With more dilution to come - I really feel for the LTH here .

GLA

Https://x.com/helixexp/status/1950468467653558346?s=46&t=Yio2q8EEy0KoP9edq2LYPg

Https://x.com/helixexp/status/1948653714769584465?s=46&t=Yio2q8EEy0KoP9edq2LYPg

With the grouse bonking season now over - I’m looking forward to an update on the Ingomar project. I know getting Rudyard into production is the priority but news on Ingomar isn’t far away . Ingomar was sold to us at IPO & the reason a lot of us here .

Exciting times ahead

GLA

Toffers

That is the most sensible post I have seen on this bb for months & I totally endorse your thoughts . This is gonna take time & lots of money . No one’s gonna make a quick buck here - it’s a slow burner & hopefully it will come good for all , especially all the LTH who are deep under water .

For me - this interview confirms that Rukwa is a long way off generating any income . They still have a lot of work to do at Itumbula before they fully understand what they have & how they are going to process the helium in solution. It is gonna cost a fortune!

GLA

Dai

It’s as I said 18 months ago - I don’t think they know what they have there or how to extract it . So glad I’m out of there .

You wait till there “hot stacked “ drill comes out of retirement. That £4.5m won’t go far . First itumbula drill cost more than that !

Yes Kaeren

I’ve just reread it & I was right first time - must mean more news coming very soon

“5th drill in progress “

To answer my own question- if you include # clink - # Inez is the 5th well - apologies for my ignorance

“5th drill in progress “

Bo has not told us where yet ?

Https://x.com/helixexp/status/1944644012381524099?s=46&t=Yio2q8EEy0KoP9edq2LYPg

16/17p was his average if I remember correctly? Also not a fan of CEO’s ! lol

Dai

We have had global warming since then - lol

And don’t forget the hot stacked rig ready to go at any time ! 😬

Dai

Just so you know - ITV has reappeared on He1 bb

Https://x.com/helixexp/status/1942463666093261155?s=46&t=Yio2q8EEy0KoP9edq2LYPg

Still calling it a production well so hopefully ok