Member Info for G_G_G

Hardole, Casc 4 isn't ok. If it was, we wouldn't be in the 12's now, would we?

SS, I hope you read my post to Stas about my investing here over the past year. Unfortunately, some of you little b!tches reported it, but to say that I sold down and now buying back in, trader etc, is absurd. There's a long posting history that outlines what I have done over the past year, and how I have continued to average down thinking this has to be the bottom, only for TRIN to fall over, Casc 4 being f@cked for months and only now completed with more issues 9 months late, Central prolonged, Central raise being needed at 20.5p, Central raise falling over, discovery of a funding covenant in the loan terms, emergency 16p raise, and now this. The simple fact is I have been hoodwinked by Calamity Baay for the past year, and have now got over £250k of my money in here at 19.9p. You might be ok with being conned by an $800k per year charlatan, but I'm sure as f@ck not.

I've also said that I won't be averaging down any further until we know about Casc 4 & 5 flow rates, and whether the bank will call in the remainder of the loan covenant that we knew nothing about. To try and get my average lower with these things hanging over us, and Calamity Baay's track record of nothing other than broken promises and abject failure, would be stupid. I'd rather see Casc 4 & 5 perform well, and the need for additional funding gone, and average down at 15-16p than buy down here and put my trust in that useless pr!ck's words again. May god help us all with Casc 4.

I know there's some HEMO and IMM investors here. Can someone explain to me how they are worth 50-100% more than RENX? I don't get it. They have years of development and regulatory approvals to go. A huge amount of investment to be needed. And are so far away from profitability it makes my head spin.

Happy to be proven wrong, but we've got an FDA-approved, Medicare reimbursed product, which is the only one of its kind. And it addresses a market that is monstrous in the developed world in targeting Diabetes patients for a hugely negative life-changing health condition. It's also in scale up mode with more than $100m in costs sunk and less than 12 months to profitability. Finally, the difference it will make in savings to national healthcare systems and governments is truly astronomical. What does IMM and HEMO have at the moment?

This is a small cap with funds involved. So easily manipulated. You also have rainbow chasing PIs that have no doubt made some money here the past month, and will sell at a profit. You can see just from the number of posts and volume that momentum has been pulled. With no news for a month, there's a good chance we could go back to the 8's. Beyond this seems highly unlikely as news of another partnership could land at any time, and there would be very few PIs that would be willing to take money off the table at 8.5p, and quite a few, I suspect, that would be piling in. I'm sticking to my range-bound call of 9-10p until further news. Another partnership, upgraded guidance, or an II building a notified position will be the next catalysts.

No more threat of a raise for 12 months is the most important point. And blue-sky potential with some more partnerships. One to keep in the bottom drawer for now. GLA

Fwiw, I think HEX is an excellent company, and well run. To your point Stas, they are in production, and we have 18 months to go. They also have higher flow-rates. And they have an already confirmed large resource, which has scope to grow.

BUT we have He%'s that dwarfs theirs, and one of the highest in history. And there's the big kicker that I keep mentioning but folks seem to be ignoring - the CO2 credits are worth about 50% of the He value. To put things into perspective, we can generate the same amount of money from CO2 alone @ 750mcf as what HEX generates in total from each well. And with no water and natural gas, it's easier and cheaper to process. Our resource size is the only question remaining. And we need a He/CO2 pool less than 10x the size of HEX for the same resource size, because of our %'s and corresponding values.

Topaz resource is the only box left to tick. The extra acreage will also help if they can prove up a significant resource, as folks will start to believe in Minnesota as the new home of He. So strange the herd aren't here.

there you go stas (and zero), something we can agree on. incredible the difference between a well-run outfit, which is all above board, and heavily invested in the company's success, as opposed to a bunch of freeloaders.

the herd will arrive at some point. i'm astounded that we haven't seen more of them. perhaps we should get sm to come here and dump his holding in txp? it often only takes a boiler room crew to discover and spread the word on chat boards and x. or, a big piece of pr. they got picked up by cbs with the initial discovery. it's this bit of coverage that sent the sp to 140c in canada. i was hoping to buy more here with some txp funds in the coming weeks / month. calamity baay has potentially f@cked that plan, again.

so many things stand out. due to the high flow-rates and astounding he & co2 %'s (with no water or natural gas issues), we already know that topaz is highly commercial, which is why they've already engaged industry-leading partners, chart, for the plant design and long-lead items. and we have to keep in mind these guys have already got funding arranged for a small he plant in topaz with one of our biggest shareholders. we just need an upgrade to the resource size over the next 6 months. if it's a globally significant resource, combined with one of the highest he%'s in history, then we're in for a huge re-rate. i imagine a raise for another $15-20m in a year at 50p could be on the cards, plus another debt agreement or cornerstone investor (e.g. chart) of $10m). this covers the cost of a large plant, and we have at least one producer well in js1 already drilled. you can see how this can easily climb. the big remaining question to be answered is the extent of the resource size. anything above 1bcf he and we have a close to a $1bn resource when including the co2 credits.

just need those he1 and other rainbow chasing lemmings to come here. bizarre how they run after utter ****e, and then something like this is going under the radar. aimho gla

Johno, I was referring to the Casc pricing contracts. What you have just referred to is incremental production on Central, which will generate f@ck all compared to a decent upward shift in Casc pricing. So no, it won't create a re-rate even if they can successfully drill a well in Central, which I'm dubious about because they cannot even work out the right drilling mud at Casc after multiple wells, and yet we are to believe this bunch of clowns know something that Shell missed. It's a lower probability bet that will just as likely yield little to nothing but cost us more time, money and resources that could be focused on Casc.

But happy to be proven wrong in Q1 next year, which is the earliest we'll find out. Just as I'd be over the moon for Casc 4 to be a success, alongside Casc 5, and the remaining loan covenant commitment that we knew nothing about, to be waived. The latter is the most important thing for the sp. Obviously, Casc 4 & 5 will add to the reasons for it to be waived. But even if they underwhelm, if Calamity Baay can get that covenant changed, then the factor generating the greatest downward pressure will be removed. But perhaps it's better for Baay and co for the raise to go ahead...? The company could get taken out for the low 20's right now. New investors and the 20.5p guys would jump at the opportunity, and I imagine there would be enough votes from those who have averaged down to get such a derisory offer over the line. Something to think about if we have to raise another 20% at 12p.

ss, read my last post and then give your head a wobble. it's not hard to work out my position, but tell yourself whatever story you like.

i'll ask again, if casc 4 turns out to be poor, what are you guys going to do? keep in mind the extra raise money will almost certainly be called in for another 20% shares issued at 10-12p. will you then push for the free-loading charlatan to be removed and lobby the fanboy club to pull together to try and force it through? sadly, we don't know who got shafted at 20.5p, as they'd almost certainly jump on board for his removal as well. the 16p guys will probably participate in the next raise and look after the clown for the extra shares at 10-12p. they will be the only winners if casc 4 is poor.

absolute ****show. if you discount one, very overdue well in casc 5, then you have nothing but monumental failures. i will concede that the drill string breaking, if true, is unfortunate. but the long list of other failures have been completely avoidable.

Josh, the share price was dependant on them executing Casc 5 without issues. The importance of this isn't just to help fund future development, which is needed to satisfy our significant debt obligations. It is also required to help get our 'trusted banking partner' to waive the remaining £6m in funds to satisfy the loan covenants for the Central block acquisition. So the bottom is anyone's guess right now, as it relies on Casc 4 not being poor. And it's hard to see who is going to invest with another 20% dilution hanging over our heads. So we possibly have a monstrous circular mess of Baay's doing.

This is why I've been saying that Casc 4 is arguably the most important well in the company's history for long term shareholders. If it turns out to be poor, then we will not only have wasted $6-8m. We will have another huge dilution event being required in the next 3 months, likely at 10-12p for an extra 20% of shares. And then there's the impact of repeated failures and the realisation that we have been conned yet again by the great Calamity Baay. Faced with this reality, it's hard to see how the share price regains 20p in the next 24 months.

SS, you need to sort out what your story is - have I sold out for a massive loss to buy back in? Or am I underwater and seething at mgt? You change your tune to make yourself feel better about me injecting some hard reality to this board.

I'm not sure what it will take from you rampers to understand that Calamity Baay needs to go. The fact you guys are looking past this dog ate my homework excuse, and assuming Casc 4 will be fine, and Central will be a huge success, is mind boggling. There's every chance that Central has issues, or is a poor performer, or both. If the gas is definitely there, then why didn't Shell drill more wells over the years? Are we meant to believe Calamity Baay and his team have found more gas that Shell didn't? The same team that can't even work out the right drilling mud to use? Central is a roll of the dice and could be a complete waste of time and money. Casc is meant to be the banker. Best pray that Casc 4 is ok. And if not, they should put the next well into Casc, and not Central.

Stas, my last post outlines the only way I think that money can be made here in the next 2 years, and it still requires them to execute wells on time, budget and forecast, which they seem wholly incapable of doing. Get your average down to near the bod's mates at 16p and you'll get your money back if they can execute. If it goes below this level, even they will vote out Calamity Baay. I'd need another 650k at 13p to get to 17.5p average for 2m shares. That's a huge chunk of my pf resting on the words of a free-loading conman.

I was saying over the weekend that I thought something had gone wrong when Lyin Paul was ghosting John. The rose-tinted glasses of posters here were obviously saying things like 'he's getting everything ready to give us one big, beautiful update'. Instead, we get a broken drill string as his latest excuse, alongside some sleight of hand conning with the failed drill encountering the payzone so it can still produce. Cue rose-tinted glasses saying 'all is not lost'. SS was saying 'Casc 4 is saved'. Well no, you were saying that Casc 4 would be executed just like Casc 5, and not to worry because Calamity Baay has learned from past mistakes.

I think there is a pretty big chance that Casc 4 is a write-off, or near write-off and producing 10-20% of what it should. Lyin Paul has already given his excuse and dressed it up as not being a full failure. In a month, he will come back and say it was the drill string that created XXX issues, not my fault etc., but guess what, we're now ready to drill Central. Cue lemmings shifting to Central and the gas compressor unit, but the reality is these won't provide any positive impact until H2 2026, and that's if they can execute both of them. The other thing with the gas compressor unit is that it takes a good chunk of the recent raise money, which means fewer wells in the next 6 months, unless (wait for it)... he is already counting on the additional funding in the loan covenant.

As for me averaging down further, that will only happen when I understand what is going on with Casc 4 & 5, and the additional raise-money. At the moment, I believe that Casc 4 will deliver f@ck all, and he has prepped us for this with his drill string excuse. And when this happens, the additional raise will be asked for by our 'trusted banking partners', and the useless f@ck-up will have us looking at 12-14p for another £6m. And if all is not lost, and Casc 4 + 5 deliver reasonable flow rates, and the loan gets waived, well then we should get up to 18-20p and I can start trimming my holdings for a small loss.

Imo this is likely another disaster that he is delaying, so he can dress it up with some other things to look out for next year.

just a reminder, free-loading calamity baay gets remunerated at close to $800k per year for that 2025 delivery. if we go to the previous year, you have bridge delays, trin debacle etc. we were in the mid 30's before he f@cked trin. that was just over a year ago.

i was pushing john on where he got the delay as potentially being a result of the bank funding waiver being part of the update. i was going to call him out on taking such a ridiculous view that lyin paul was ghosting him for weeks due to 'tying in the wells plus re-negotiating the additional funding as part of the loan covenant'. this is what your mind does when you want things to be true, and you have a conman continually playing you.

i had been saying casc 5 was perhaps the most important well in the company's history because it not only pays for the remainder of the development program, and it pays for our significant debt load, and combined with casc 5 it was the only thing that could get the loan waiver. and they ****ed it. again!!!

our charlatan ceo has already told us the well is all but a write-off. he's given you the dog ate my homework excuse to soften the blow. the big question for me is whether this impacts casc 5 in any way. but if you think things couldn't get worse, well here you have it - the loan contingency will most likely be called in. at what price, who the f@ck knows. but one thing's for sure, all you guys on averages above 30p without significant funds to average down are f@cked. with the dilution we are about to get, you will not see your money again for years. and that's only if they can execute central plus all the other wells.

calamity baay has ruined everything with his lies, deceit and sheer incompetence. he f@cked trin when the sp was in the mid 30's. but worse still, he had a 'transformative' acquisition in central fall in his lap, and he still f@cked it. we get 'the deal of the century' and the share price goes from the then mid-20's (due to the trin debacle) to half that amount. can you even get your heads around how **** one needs to be in their job to f@ck something so straightforward that has fallen in your lap? and to take over 6 months to do it? and then f@ck it all again with a last-minute bucket shop raise. and again with another last-minute raise at 16p!!! and then we still have the extra part that he didn't mention to come in the next 3 months...? wake the **** up!!!

john, if you want to do something useful then get pis together to inform the chairman that we want a change of ceo. i now have 1.35m shares to vote. the problem, of course, is our new biggest shareholder will protect calamity baay, as i have no doubt they are connected to him, and they have over 20% of the company on 16p.

i'm almost starting to think this is deliberate, and a t/o offer is going to land for 20p. the only chance of seeing your money again in the next 2 years is to get your average to 16p. the next raise is going to be the back breaker. we are being con

calamity baay strikes again. so much bull**** from you guys about casc 4 is going to be fine, no chances of a write off etc. the dog ate my homework excuse this time is a 'broken string'. we've had the wrong equipment, drilling mud, and now a broken string.

the reality of this year:

1. first well of the year, casc 4. delayed from q4 2024. f@cked it completely, and it takes over 3 months before calamity baay tells us they have been using the wrong drilling mud. has cost us a fortune for a hlf completed well.

2. central acquisition (straightforward monkey's job) was delayed by over 6 months. almost falls over. we then find out why...

3. central acquisition saved by a last minute raise with a bucket shop. this was a raise lyin paul said wouldn't be needed, and the bank didn't ask for, with him misdirecting the market on whether the bank insisted on it as part of the central loan.

4. the biggest portion of funds was entrusted to a bucket shop whose shyster directors have liquidated similar set-ups more than once. not calamity baay's fault that we were in business for last-minute funds with these shysters.

5. we don't hear about the raise money falling over for more than a month. lyin paul during the following two weeks still doesn't confirm the funds were required as part of the loan.

6. lyin paul drops an rns from left-field that the majority of funding has fallen over with d@dgy brothers, and he informs us for the first time, it is a condition of the loan facility. but, as part of this we discover that it's actually even more funds that are required than the original loan!!!

7. calamity baay does another last minute raise for 16p!!! and the bank still don't waiver the remaining loan contingency. this is how much our 'trusted bank' trusts lyin paul.

8. we finally restart the casc4 9 months later. and who could imagine, we get another dog ate my homework excuse.

on the flip side there is one success this year. they drilled a single well on time and budget, casc 5.

and here you guys are, still talking about the 'good things to come'. he adds a few shiny little promises on the horizon and all is forgotten again. easily the most gullible investor board i have been on. and sadly, i've been taken for a ride with you. he's a conman, and you're all still being conned. i wanted out at 20p.

btw, the whole don't worry look what's coming up with central is assuming they can drill a f@cking well. they have shown to be so grossly incompetent that to assume this is borderline insane.

here's my thoughts on what comes next.

1. casc 4 will be a write-off. he knows it and just isn't saying it. but he has prepared you guys already for the excuse. i have no idea if this could cause issues with casc 5 - o&g experts to confirm.

2. bank will insist in the raise. we are f@cked at this price.

3. central will be delayed.

and that takes you to end of year. other than my views on what comes next, try and argue what is untrue in my reality check.

Mikemine, a very solid overview of the next couple of weeks. I'm in the same place, except I think that we're going to stay in this range for a little while longer i.e. 9.5-10p. Without news like an updated forecast or another decent collaboration, then we'll have spare placing shares sold for 5% gains alongside some PIs taking profit off the table imo. But, in the next few months, it's hard to find a case where this isn't higher, and I'd imagine by a decent amount (15-20p), especially with another decent collaboration.

I'd guesstimate the company has $12m in cash, which is enough runway for 12 months of higher monthly cash burn, by which point we should be making money. If they can roll-out Tempus partnership, and have it adding reasonable revenue within 6 months alongside continuing to grow our current base, then b/e should be at most 9 months away. And once we get confirmation of this, well the sp will be comfortably sitting at 20p. I don't think we'll get to multiples unless the forecast is upgraded by another 50% and they look comfortable in hitting those numbers. Confirmation of this will be mid next year imo. But when this takes off, it will be a hockey stick. Downside maybe 9p, but upside in 2 years could easily be 40-50p if they're looking at $60m revenue in FY2027. Both short and long-term gains are looking great. Huge US market size with the only FDA approved test means it's just about getting it ordered. And the NHS imo is the biggest opportunity. Even if the test cost is far less, you are dealing with a single 'customer' where the adoption should be high, especially given the long-term resource savings from utilising it. Funds permitting, I'll be buying at least to 1m shares if we can stay near 9.5p. Just need a few other investments to come in. AIMHO GLA

john, i've already given you a number of examples where calamity baay hasn't put material, price-sensitive information in an rns. the b@ll**** excuse will be they were doing 'remedial work' or something along those lines to explain why they haven't updated the market, if indeed casc 4 has gone terribly wrong. you are clinging to a belief that lyin paul will fulfil his fiduciary duties to investors as they should be executed. that's not the way this b@ll****artists work i'm afraid. and yes, you should work off the worst case default, because that is the pattern of mgt from the useless pr!ck. in fact he has managed to make the worst case far worse than we could have imagined, because he doesn't like ot tell the market the truth, so we get hit with left-field problems like funding issues, or them drilling half a hole over 3 months for casc 4, costing an exorbitant amount of money.

also, where are you getting the finance being sorted as part of the hold upthat ? has baay said in an email that this is something that will be finalised alongside casc 4?

I do appreciate the update, though. Thanks for posting.

john, i think you are taking an overly rose-tinted view, rather than looking at the stark reality of what has transpired of late. calamity baay did not tell us about the raise money falling over for 1 month after the closing date, which we all thought had completed. he also didn't put in an rns the loan and raise covenant, which is material, price-sensitive information. any argument against this statement will need to explain why the sp cratered to 12p after we finally heard about it. given these realities, i question whether lyin paul would have put in an rns by now that he has f@cked things up, yet again. silence is also not a good sign. if all was well, he could easily just say it, and that an update will land by x date. i would say it's just as likely that casc 4 is a write-off and they're trying to frantically fix it, or drill another well so he can misdirect attention, again.

this board and the discord club need to ask themselves whether they will finally band together to remove him if there's yet another stuff-up. he is by far the most highly remunerated ceo of a minnow, where he has destroyed shareholder wealth through sheer amateurism, and doesn't even put his hand in his pocket to buy shares, just takes his freebies for being a f@ck up. i find it infuriating the man is still in a job, let alone in charge of our wealth. his b@ll**** and bluster has cost us a fortune whilst enriching recent entrants. that is not how things should be, and all he has achieved is taking incredibly good assets and burning over 80% of shareholder money in less than 2 years. let's hope we get something positive on monday.

ss, if you're going to call someone a 'troll', at least spell it correctly.

hardole, most rampers on here were saying an ops update would come at the beginning of last week, why the change of view all of a sudden? even i was saying end of last week at the earliest. but i didn't expect us to be at the end of september after the b@ll****@rtist had said '17 days to complete', which was almost a full month ago. but you are correct, there could be something else happening behind the scenes. for all we know, it could be another one of calamity baay's ****shows. the issue we have is that every time he f@cks something up, we don't find out about it until weeks or even months later. he's too busy trying to concoct a story or find something new and shiny for his next sleight of hand trick. i would suggest that if we haven't received an ops update on monday, there's probably another 'dog ate my homework' story coming our way. and if he doesn't believe an ops update is required for one of the most important wells in the company's history, given the rock bottom sentiment due to his mind-boggling incompetence over the past year, then it simply confirms his complete lack of regard for pis.

i hope that john is pushing to understand wtf the @ss clown has been doing.

Director Buy at £250k not to be sneezed at. Quite the vote of confidence.

Some decent IIs jumping on-board here. UBS is a strange one. Maybe they will take 10-15%, but when this starts to do a HEMO or IMM run, they will get soaked up very quickly. Reckon it needs another Tempus type release to see 15-20p though.

Some comments earlier about MMs letting mates in. To be honest, I think that sort of thing is b@llocks. But where I will say mates were let in, was the updated forecast RNSs. They released it after the raise, with what they must have known looked like lacklustre targets. But then take a whole day post sp crashing before they release an updated statement to the market. I'd suggest it's mgt that have done something d@dgy here. Why not release a new statement immediately...? I had 800k shares that I dumped at 9.35p for a small profit because the numbers were uninspiring and I thought the market would punish them, which it did. Had they released an accurate statement in the first place or updated it immediately, I'd have made significantly more. Ask yourself who was mopping up all those shares? Either way, this raise has been oversubscribed for quite a significant amount of money, and at a very good price. They have a cash runway of at least 12 months, which one would hope is enough time for them to get to profitability.

Also, some people need to re-look at what they think is possible. I'd suggest starting with the number of physicians that have access to the test first of all. Consider how many of them would be relevant to asking for a test - Oncologists for instance, are unlikely to ask for it. Use the reduced number and then x3 or x4 for year 1. I don't know how many relevant physicians can ask for this test, but even if you get to a number of 15,000 (currently), and they each order x3 tests in the year, you'll get to a total of $45m revenue. Another major partnership or two this year, and you can see how a hockey stick quickly develops. They really do need to look at the NHS and push harder here. It's a single national healthcare provider, with an epidemic, and massive resource shortages. No brainer and imo should be their focal point for 2026.

The company also needs to give some guidance on % claimed by partners like Tempus, and also what Revenue number represents b/e. I'd imagine it's probably around $20m given they previously guided for b/e by YE2025.

Fantastic potential here, as evidenced by the II involvement. Far better position than IMM and HEMO. Quite surprised many of them haven't jumped at this opportunity, given the company will be generating cash or taken over well before IMM and HEMO are even at the FDA application stage. AIMHO GLA

Where's the RNS? Some on here were saying we'd get it 2 weeks ago. Hopefully we haven't had another Calamity Baay special. I thought our PI contact mentioned he was back in Calgary with his entire team now, preparing news releases...

Big old 500k buy just popped up. Not sure if it's a Buy or a Sell. I'm guessing a Buy as it would have been worked over the past few sessions.