Member Info for FrankyS1971

Hi Junior when you say non-dilutive , do you mean like that great deal they had with RiverFort??

Good Old Lorna - She has only ever experienced initial drill success, followed by abject failure to commercialise. This massive enterprise with 5 full time staff and the same number of P/T non-execs is going to deliver fck all apart from short term hope.

I've said before and I'll say again, the management team at HE1 are absolutely lightweight. You have a CEO who is really a ex-geologist. She is not a CEO and is surrounded by non-execs to advise on how to raise capital and when. Lorna Blaisse track record is not great:

Yes Delonex which was Tullow and therefore her only proper employment did have early exploration success, just like HE1. But the firm faced several structural and reputational challenges- The International Finance Corporation (IFC) invested over $60 million early on but later escalated governance concerns through its Compliance Advisor Ombudsman process, particularly regarding stakeholder engagement including the shareholders and ESG in Kenya. Initial energy discoveries did not consistently translate into development and commercial success and eventually

the company exited its key assets (e.g. Chad fields) and wound down active operations by mid-2020s.

OK so ....Blaisse’s geological leadership occurred during successful exploration windows, but the broader turnaround and commercial realisation did not materialise.

There are lots of good parallels between her past experience and where HE1 is seemingly going. 1. Early drill success. 2 Poor Comms 3. Proper commercialisation not materialising.

She shouldn't be a CEO and in my opinion there are better and more experienced teams out there in this space..

Initial energy discoveries did not consistently translate into development and commercial success.

The company ultimately exited its key assets (e.g. Chad fields) and wound down active operations by mid-2020s.

Emerald your regular message end IMHO needs changing to IMCWO.

In my consistently wrong opinion.

I appreciate you have limited time as team captain on radio show "sorry I haven't a clue" so thanks for checking in at least..

This will play out like thus:

Announcement that they have sold X amount with more on the way - And that they need to raise more until they get to a break even. Existing SHs will therefore have to participate again or accept further dilution. All sides are therefore correct - yes, they are indeed starting to sell but not fast to avoid a raise.

ECarrots still desperately ramping away then lol...i love this board.]

You d play violin AND cello on the deck of the Titanic for sure Carrots.

"should be easy to sell" ahahahahha...what a foolish thing to say. Getting on to these centralised procurement agreements is hell on earth. Layers of governance, general confused processes to navigate. Even if they want to buy its not like ordering ice cream from a van. We're talking a full annual cycle.

Its still interesting to follow and good to either affirm you've called it right and if not ...learn from it. Most of us have limited info and hunches to work with.

The reason I haven't and won't invest in HE1 personally is that the management team are kids and all under 40 with no track record of actual success. Tell me If I'm wrong but there are a few non-execs kicking about which tells me they need supporting. They ll make noise when they need to raise for the next stage of the project IMO. Its not like they're trading like a CMRS to create any income... so they'll go from raise to raise and RNS to RNS making it very hard to call a 'good time' to invest. Every time something positive happens they'll raise of the back of it!!

They are a lightweight team...all under 40..no successes to hang a proper hat on. GLA.

Elections are a win/win scenario. The more authoritarian govt controlled projects stay in place as is, or a pro US/European government gets massaged through the door and a better deal then has the propensity to materialise. All you have to do is wait a year or two by which time Lithium will probably be back in favour. Pauly is wisely playing the long game. In for 15 years+ so might as well stick around right?

Always the issue isn't it. Each project that advances needs more dilution so you end up treading water as a LTSH. Only ever worth a quick trade. I advise to look at the CMRS business model. They are funding drilling and evolving their projects by trading and broking rather than diluting. Quality management team. DYOR.

Lets wait to see who wins the election next month. US and Europe are using NGO's to block further progress and get more favourable terms for their Lithium partners in Bolivia, whilst blocking and slowing down Chinese and Russian Progress. This is going to take a while to work through. If a more pro business Govt lands that is away from these state controlled deals that pander toward all the indigenous locals, then the next 2-3 years will go gangbusters! lets see what happens!

A small rise with a drop. A bit of Pyschological warfare to fulfil Warners order. RNS will land eventually. Very few sellers or he'd have built a bigger holding already. barely any volume and must be hard work for the brokers.

Don't confuse insults with being criticised Pauly. You put yourself in the firing line so don't then complain about the output your messages get. And to be clear, I literally don't give a flying fk anout DH. I had to pause to even remember the guys name so not sure why you refer to a cult. its a silly little soundbite you keep trotting out which isn't resonating with anyone. He's not Paul McfkinCartney is he.

The posts are so purile, cringeworthy, one dimensional and pointless.. No one talks about the collapse of Lithium Carbonate prices which has a major impact on the Clontarf share price. Why?? Well its not like Gold or Silver you can't hold physical Lithium and the the only investment vehicle is a Chinese Metals Exchange which is pretty new. You can trade on futures with it. You therefore realistically have to invest in the underlying stocks of lithium players who have all been battered. Warner is a smart boy as he is building a position in a microcap that could do very well not least when underlying prices begin to recover in a year or two. ||||Equally, this is only a few hundred grand that he can afford to lose so his participation is hardly making this a dead cert. We know that Bolivia is a challenge but every jurisdiction for metals players has its own sh=t sandwich to work through. There is political will here to catch up with neighbouring economies so it'll come over the next few years regardless of who is in power. Have to play the long game and stop whining like a little byatch pauly. Most of us are a year or two in not 15+ like you so we don't have the bitterness or resentment towards other Clon investors like you.

Correct - its inevitable.

As predicted, price drop to fill his orders.. same cycle going on.

I haint none of dem tings simples. Me loves de lithium and de coppa and de gold bruv innit.

Bline I'm 54 and sold my business and retired 8 yeras ago. Sorry the spellcheck went off the rails. Respeck.