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Appreciate it if someone copy the questions posed to our f@cking joke mgt team here. In the meantime the SP continues to slide. Another 'dog ate my homework' excuse from PB and he should be booted. Appalling performance.

I keep saying +7.5x because we almost sold the lot for far worse multiples. Anything above this is attributing the current mcap solely to DIS. This is why I think 10x (£150m) is unlikely. There's what we think are reasonable multiples, and what the market is willing to pay. If they can get 10x, or better, then mgt should pull the trigger and sell it asap. We'd re-rate to 125p in the blink of an eye and have significant capital for Search and Comparison segment growth, and 10% BBs for years to come.

Agree Stas. That's the second scenario, which is of course rose tinted, but makes the most sense to me. The finance side of things could have taken more time because they pivoted to a loan deal versus more dilution. As it stands they raised another +$400k at a 15% premium to the current sp. This happens hardly ever on Aim. And it's with an II. I'm looking forward to results as I'm increasingly confident we have a 2-3x on our hands. If results are spectacular then it could be a 3-5x with lots of lemmings running this way. If the results are great the key to another 50-100% climb will be expanding their acreage / footprint. Now finance is out of the way for a considerable period of time it's now just about the results in 4-6 weeks. GLA

Nice to see some block buying mopping up the sells this morning. We should also get a shot in the arm from BBs come Wednesday, unless of course the sp continues to climb at a reasonable rate. Would like to see us back at recent lows in the high 70's in the coming weeks. This will at least provide a decent floor should another bid arrive, which would need to be at least £1.

Key to value creation is selling DIS at +7.5x EBITDA. This would give us a +$150m war chest to pay down debt, continue with 10% BBs, and to invest in Search. SP would easily break £1 and if they can get Search back to double digit growth, alongside dd growth in Comparison segment then in 2026 we'll have +$60m EBITDA with zero debt, 10% less shares (225m), and +$60m in cash. With those numbers you're looking at EV:EBITDA of 5 at £1.25. Business will be streamlined and have plenty of cash to push harder in Search and Comparison segments. Shinez has been a disaster and they need to come clean on wtf happened and where things currently stand with that business and any legal recourse. Not rocket science. Mgt team have truly f@cked things up but definitely a very easy solution to get us back to the offer price. They just need to focus on doing a DIS deal @+7.5x EBITDA, fix Search, and try to recoup costs on Shinez. Even $10m would give us another 10% jump in sp.

Agree Stas. Fairly clear they needed more cash, but figure this covers the flow testing and everything they need to do next, which is a good thing if we're about to re-rate. There's two scenarios with what has happened as I see it.

1. They could only raise $427k because too much risk associated with the project. This would suggest that University Bank will only lend against all the assets, rather than raise. Possibly not good.

2. The company has raised the minimum amount required for all testing and utilised a loan facility for next steps should they be required. This has been done to minimise dilution because they know they are on to a winner and can raise or f/o at a much higher price in a matter of weeks / months. Very good.

Given University Bank has provided another $427k at 30p, which is more than a 10% premium to the current share price, plus a $4m project finance facility, I'd suggest that option 2 is why we have this finance agreement. That is to say that mgt has wanted to avoid excessive dilution at a lower sp (still 30p & 10% premium) because they know the results are going to be very good. If I'm right the upside could be quite something. Jetstream 1 flowed at a solid rate with stupidly high levels of He. We now have a deeper JS1 hole by a considerable distance with very high He % shows, alongside a second JS2 well. If they can provide evidence this is commercial and likely a district wide He occurrence we could be in for new record highs. The sp tripled from CAD 50c in less than 2 weeks in February last year. And there has been limited dilution in this time. So this could 3x in a short period of time if history is anything to go by.

The selling on TSX down to 50c is the one thing that makes me nervous. Having said that it's at very low volumes. And the good thing is the only real volume in Canada came at the end of February and the sp went up. Just f@cked to see it continually dropping on drip selling. If I'm right about mgt wanting to avoid dilution because they know the project is potentially huge, then the sp is certainly going to explode like February last year. Only one more month until the big newsflow begins. AIMHO GLA

For any new folks I'd suggest looking at the latest interviews conducted over the past few months.

https://www.youtube.com/results?search_query=pulsar+helium&sp=CAI%253D

Agreeas, you and I have unfortunately been in some f@cked investment where mgt have done PIs wrong. TIG is another, although you managed to sell down when I stupidly trusted the t/o offer and EBITDA figures were correct. TXP has also been a stinker. Lots of potential and talk, and yet they have only delivered infrastructure. It will bounce as the current sp there is ridiculous, even with a f@ck up bod it's hard to see them f@cking things up any further. You mentioned i3e as well, which undersold the company. The worst I have been involved in was SHG. We endured a good year of depressed sp and as it was starting to take off a local African NED stole the lot for 50% of its true value. BOD the whole time had been saying it should be 20p and then turned and said 13.5p was 'fair value'. Absolutely shocking what they did. Thankfully I made money because I bought the lows. But lth's got shafted. The sp would now be closer to 30p if it wasn't taken over for pennies on the pound. Such scumbags operating companies these days. AIM is terrible.

Anyway, hopefully the next set of news is one that will give us a good 100-200% gain instead of 50% loss. The CEO has a solid 10% skin in the game here so one would hope that his interests are aligned to ours. I note another director has the same stake. If this falls over it would be one of the biggest con jobs I've seen in a while. TA-J has been calling this globally significant. He has been talking of latest results surpassing expectations. He has been giving speeches to anyone that listens and even has State Gov.t on-board. Would be nuts for things to fall apart now. Not long to wait. GLA

Yeah not sure what's being played at here Stas, what are your thoughts? Seems crazy that finance was relatively easy to date and they're struggling now when they have a deepened a world-class well with high He shows, plus another step out well with the same high He results. And then the work done by mgt to push He extraction with state government. It's not like they're trying to raise huge sums, and it's in the US and not from a tinpot exchange like AIM.

Some decent block buys going through. Could easily be another +1m volume day. And that's without BBs. Providing Zeus / Mgt don't f@ck around when they can re-enter I feel pretty good about +70p providing mgt put in a decent performance next week. Ideally we settle above 80p and either DIS gets sold for +7.5x EBITDA or we get another offer. Either way and we should break £1 again. This mgt team and company are so f@cking frustrating. Sale in full or part definitely required to regain any value. AIMHO GLA

The 12.5k at 22.65p is mine. Up to 375k @ 26p average. Will probably go in for another 125-375k but waiting on a few other things to happen. Even PB and his fat bod can't f@ck things up any more than they have to date. Central closing and Casc 5 spudding in the next 2 months and we should be back above 30p. GLA

Agree BB, I can't get my head around how the company could relatively easily secure funding on good terms, and then suddenly it all falls over. It doesn't make sense unless it's a 'long con' as you've mentioned. It would be one hell of a con if that's the case. They have already delivered a huge amount of evidence suggesting world class He and CO2 acreage to the point that senators are getting involved and state laws being modified. I cannot see how this falls over until flow tests and He / CO2 concentrations are announced. And that will only happen if they somehow turn out to be duds. A hell of a lot of people will have been conned if it all stops here. AIMHO GLA

Casc 4 was meant to be drilled last year. So yes hooked up by now.

Sturm that's possible if they can get the basics right, which to date they have been unable to achieve. The gas pricing you have mentioned we could definitely get in 2 years when Casc gas pricing is re-negotiated. But if we wait until this point they won't be able to drill anywhere near enough wells to get near 200mmcf with $2.50, and why do that if the 'flush' rates are all important for payback, and we'd be running down reserves. Key is to agree a price that works for both parties quickly so we can accelerate 'drill to fill' and open up exploration plays that are not locked into pricing contracts. Maybe they can get to $4 this year, but I think that's a stretch. Definitely on for the 30's post Central closing. I don't see us breaking 40p until a few more Casc wells are online. The pricing re-negotiation is the key to unlocking +2x this year. Otherwise a doubling in sp by year-end with perfect execution from now imo. GLA

Starting to get the stink of 'insider' trading again. Except for once the sp is increasing inexplicably. If there's another +500k trade that pops up end of day then I think it's a signal that something is going on. Hopefull DIS is getting sold for +7.5EBITDA and we can watch the sp re-rate to £1. GLA

still jam tomorrow i see. what a bunch of clowns. the production numbers they were talking about this time last year were double what they will deliver this year minus central. they were meant to drill the last 2 x casc wells in q4 2024 and q1 this year and we're still awaiting one of them to be finished. the only way q2 production won't look diabolical is if they get casc 4 flowing by the end of april. this will only offset declines so still circa 4kboepd. and then central will paper over the cracks on casc if it closes in q2.

folks also need to keep in mind the 'dog ate my homework' modus operandi of mgt here. the casc 4 well isn't even completed. and things always go wrong with these muppets. and they still appear to have no idea of what to expect. they'll drill for gas and hit oil. and then they have no idea of how to optimise flowrates. it's that ridiculous.

in order to have any chance of doubling this year (45p) they need to get casc 4 hooked up by end april and have at least 3x more casc wells drilled and flowing by year-end. this still won't get us to 7kboepd average production due to the ****show q1 and soon to be q2. they may however reach 6kboepd. and then central will provide the 'sleight of hand' that pb needs to juice the numbers and take away any attention on the fact they still haven't come to grips with casc. maybe a 2x by year end but that will requite the execution i have mentioned, and lots of pis running over here. the fact we had more posts than trades the past few days bodes well for this being on pi's radar. central should get us to +30p at least. but let's not use central as a way to disguise another **** set of results by mgt here. truly garbage as production is way below forecast, one of the 2 x casc wells that should have been completed and flowing still isn't completed let alone hooked up, casc 2&3 are disappointing, and there's not evidence that mgt have any ability to execute their promises or idea of what to expect.

as for central completing in the next couple of weeks, that's truly ridiculous. this company has snatched defeat form the jaws of victory constantly. i think it will go through, but don't be surprised if we're still posting about it in another 3 months. paperwork is being drafted. that can take a long time before being finalised and approved by all parties. in the meantime they just have enough cash to keep drilling casc, fortunately.

left field major positive re-rate this year will come from renegotiated gas pricing. i imagine this could happen year-end as the government realises they only have another 12-18 months of taking the p!ss before they could be paying twice as much. any decent step-change e.g. 50% or more and the sp will double. that's the true game changer, and not central. central is some base production with a decent chunk of debt attached. decent deal, a good 10p form here, but certainly not transformational imo.

still jam tomorrow, but at least we should be 30p when centr

Appears that huge trade was a buy. Hopefully it's 'insider' trading that beckons a reversal in fortune for us. DIS needs to be sold. Simple and best way to fix the company valuation and provide headroom for growth. They have completely f@cked up so many things. They need to get a DIS sale right at +7.5x EBITDA, heavily reduce debt, focus on search reversal, claw back some of Shinez costs, and then sack the CEO or CFO. They're incompetent and cannot be trusted. The worst combination of senior mgt traits one can imagine. The above is very simple to execute if they have the cash and a solid runway. Selling for +$135m and the company will be safely back above £1. Absolute f@cking clowns these guys but they have a lot of cards to play. If they break up the company to separate listings I'll be paying a personal visit to HQ. They can;t even get a simple acquisition or their forecast numbers right and we're expected to believe they can break up the company for separate listing to achieve value...? Even bigger f@cking !diots than I thought if this is their plan. They've wasted so much time on acquisitions and failed bids. Time for them to focus on a simple divestment and turning around search.

Good to see us back to the mid 60's at least. Can't believe I'm typing this but that's what you get with a bunch of muppets running the company. They've literally blown the pandemic money on f f'all and not focused on the core business.

F@ck me that's a big trade at day's end. If they're about to surprise us again with something horrendous I think that I'll make a visit to HQ with a firebomb. The insider trading that has gone on in this company is appalling. But I simply cannot fathom what else could be wrong. I mean they've pretty much cut Google search EBITDA to zero. Both t/o offers have fallen over. What else could there be? If a major holder is offloading they should do an off market deal and buy their holdings. Either way circa 900k shares in a single trade is up there with the biggest in a while with the last ones clearly being insider trades.

Hopefully the BBs are going to kick up a gear from now. If they continue with +200k per day the sp will be getting back up to 80p relatively quickly. Key is selling the DIS segment or the whole company. DIS for anything above 7.5x EBITDA and we should be back to £1. Let's see if these f@ck ups can manage to do this. Supposedly poor value for us. But what the hell was 125p when you're meant to be throwing off $100m EBITDA...? Absolute clowns until the prove otherwise.

They should be buying hand over fist until we hit 80p. At least from that point any t/o would be +£1.

Now that's what they should be doing, a daily 0.1% BB number. Keep it up and we can be recouping 0.5% of the company each week. And who would of though that the sp would respond nicely.

Hopefully they pull their bl@@dy fingers out and keep it going. Because they're such snaky f@ckers I wouldn't be surprised if there's another bid being lined up for something horrendous like 90p and they're trying to juice the share price. Either way I'm happy so they should keep it going.

Funny seeing more posts than trades. Having said that, it's also good to see some blue and a decent bit of volume. SP should be sitting 50% higher, but that's what you get after years of broken promises. One thing's for sure, if they can deliver on their words it's going to be a good 2x in the next 6 months. GLA