Member Info for DropD

Haha byeeeeee ... good riddance

Thank you random. 4 months of exclusively negative posts from you. I think we can see where you're coming from.

I filtered the whole lot of them a while ago and it's made a significant improvement to my LSE experience - I recommend it. Looks like they're in full-on disruption mode at the moment. I simply don't care. The Co will get on with its work as quickly as they are able and will be bought-out for a min of 3x current sp within the next 12 months. So nothing to worry about.

Since all anyone seems to be able to think about at the moment is SpaceX, I thought I'd ask about SpaceX and helium. Here's an extract from response. (I wonder if they have any thoughts about securing their own US-based supply?!):

SpaceX currently requires helium for its Falcon 9 rockets, which consume massive quantities for pre-flight leak testing and to pressurize propellant tanks during flight.

Each Falcon 9 launch requires a significant volume of gaseous helium (stored in Composite Overwrapped Pressure Vessels) to backfill fuel and oxidizer tanks as they empty. This prevents the large tanks from collapsing or imploding in flight.

The aerospace, AI, and healthcare industries have recently faced a global helium squeeze due to tariffs and geopolitical disruptions, such as in the Middle East. While the Falcon 9 continues to fly dozens of times per year, SpaceX's heavy reliance on helium makes them vulnerable to price volatility and potential supply chain bottlenecks.

You can see why Bo and Co may not exactly have pulled out all the stops for the AGM. They must look at the kind of trading action over last few weeks, in the light of nothing but good news, and concluded AIM has become a necessary evil! I remain totally convinced all will come very good in the end.

Ghost - I don't think there will be a time in coming years when HEX won't need the rig! I'm sure Bo will now be aiming to continuously drill on Rudyard, and when he's done there, there's Ingomar!

Excellent news. For me the biggest benefits are the timing and flexibility we'll have with our own rig. No waiting for a rig to become available, can put it wherever we want it across the entire acreage, can move it to next target whenever we want. This really will speed up development of Rudyard towards Bo's suggested 20 wells.

Barnsley, thanks for finding and sharing that. Interesting, helpful and encouraging.

SmartPunter - that's very interesting and helpful info. Thanks for sharing.

SmartPunter - that's very interesting and helpful info. Thanks for sharing.

Rudyard is increasingly looking like a globally unique discovery. Fantastic for us owners. GLA

Are those who are expressing so much dissatisfaction going to sell up and move on? If not why not? Genuine question.

Been waiting for Bo to move on Inez. Pleased he has, and clarified way forward. This also opens door to southern dome. Bought more on the slight dip ... thank you sellers!

Wow, moved £20k of HEX shares from HL fund & share account to this year's ISA. Requested yesterday, transactions timed at 7:59 this morning (?) and both trades at 40.5, so in total I lost 26 shares! Seems like a good service to me - pleased with result!

BTW, I believe that once we have a 5 9s product, that can be sold to specialists for further treatment to 6 9s

Blatav - I don't think so. The intention is to achieve 5 9s but I'm pretty sure Bo hasn't said we are yet - plant was purchased to be capable of doing so. Also 6 9s is the most rarified of requirement for the most specific and limited of all applications. It requires extremely specialised processing. I suggest there are much much bigger markets which still pay very well for 5 9s, and though my knowledge is limited I doubt its worth HEX going down the ultra- rarified route.

Thanks Punter, but I'm an adult, have been around a while, and can make my own judgements without the need for your lengthy advice.

Thanks JC, interesting and helpful post. Is there any more you can share without breaching confidences? Can we deduce that the fact you're still here and invested (if you are) can be taken as positive?

LLL remind me which recently announced timetable you're referring to please.

Just a reminder here. Nothing has changed since sp was in the high 40s, other than likely progress on optimising plant, off-takes, building fleet, Inez ... HEX is still led by the acknowledged best in the business.

Helium production shortages which have been somewhat masked to date by stored supplies and other in transit will start to become increasingly apparent.

HEX will be in an increasingly enviable position - all coming together at exactly the right time.