RE: Timeline6 May 2026 13:24
Paulb. Roughly the same time that you joined LSE, I put £500 in HEMO - it was a relatively tiny trade at 6.4p, I still have them untouched in a almost forgotten sharedealing a/c , now worth £51k. Sometimes doing nothing is the best thing. Conversely I did the same with AEG but that it is down 86% ! but from just £500 even if it went down entirely it's not a huge some. AEG would have been a case for trading--it's almost impossible to say what is the best strategy until you have the benefit of hindsight, but there are some indicators that could assist. FWIW, As per P1234, QHE has the potential to do very well over time, an awful expression, but multi-bags. We all know that the crux of it in the immediate short term is to obtain decent connectivity and permeability in the formation to give us a decent uninterrupted flowrate of gas. Personally I'm wishful thinking for more than 500mcf and hopefully somewhere around 1000mcf. 500mcf would (I think) give an income of around $2.5m using a relatively low price for helium. 1000mcf would give us about $5m. Either one would allow for development and growth over time. 20 wells at 2.5m is $50m with a PE of just 5 gives a $250m mcap . Early days and still high stakes at the mo though. Personally I don't really care how long they take to perforate each zone and conduct the test, they have to not damage the well, not fc up the formation by blocking it and they have to get the best flow they can. Better to go carefully and take measured steps for the best result. Not sure that we know when they perforated or how they are doing it. If they use a Hydra abrasive method something like that used by Halliburton looks like being a good method as once the accurate jetting has been completed, the acid can be injected via the same equipment. Hydra jet is slower than the old fashioned explosive guns but is way more accurate and more reliable and doesn't compress the near well bore formation. This improves permeability and then the acid dissolves unwanted carp from natural fractures including certain natural elements also to improve flow.--but they may be just blowing holes in the casing with explosive charges after all -- maybe someone on here knows the answer. - right--enough waffle.
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