Member Info for Gheko

Why announce when results will be ie in two trading days time? Maybe to coincide with news of receipt of the DHSC £9 million owed to add to the trading update of what the money will be used for.

Looks like the traders have got away with dropping the price for mates rates prior to the upward swing. Money in the bank, got a good strategy, management with significant skin in ten game and II’s happy to have paid 25p for a stake at recent fund raise and nearly market cap coming in cash from DHSC. On risk/reward basis…….cheap as chips!

Great update DJ. Get in ahead of the herd cause the re rate is coming!!

Looks like the case started yesterday

https://www.gov.uk/government/publications/royal-courts-of-justice-cause-list/royal-courts-of-justice-daily-cause-list#administrative-court-daily-cause-list

Don’t think the new director would be joining if he had concerns no rig would be available.

All coming together nicely……news any day now me thinks.

From 2 March trading update

‘ The Company will release its results for the six months ended 31 December 2021 later in March 2022, when the Board will also provide an update on current trading.

So any day this week or early next.

DD.. great find on the article. Just think. A take off agreement before drilling commences!

HE1 has the biggest new world strategic asset of Helium. Don’t rule out a major RNS with a JV with a major. Listen again to the post AGM Q&A.

David musing he doesn’t want to give too much away at the front end.

Bit like Dragons Den. What % will you be willing to give for major investment. No brainier. Deals are coming and it’s huge.

Buying more at opening on Monday..

Looking like we going to break back through the 6p mark.......

Certainly in the new tax year so we can all load up tax free for the surge upwards!

Depends why you are investing.

In this type of stock you go in with your eyes wide open. The original drill could have been th3 game changer. They had bad luck with the drill bit not the geology etc.

This time so much more experience, technical know how, experts etc. So the risk/reward for me is there at this price. Double this at least by first drill. On discovery name your price.

Announcement of a rig MOU (IMHO imminent) add 5p to the share price.

Announce start of drilling date and how many prospects = add another 5p which is about the broker forecast of 19p a share.

Add anticipation of result = add another 5-10p per share.

So 150% upside before we know the first results. On first discovery…………book that exotic holiday, pay your mortgage off, Aston Martin anyone!

Could be FFD. They do have an office close to Houston.

Either way, if our drilling guru is on his way to look over the rig then on his nod we have a rig and off to the races we go. Couple of days to look over it all and RNS before end of month ie Q1 as predicted by the company.

Sounds like an agile and good bit of kit……..2022 is the year

Schlumberger – $32.8bn
Headquartered in Houston, Texas, Schlumberger provides products and services such as formation evaluation, directional drilling, well cementing and stimulation, well completion and productivity……………Is this our major provider?

Finally the key for me...........

Very clear that they are looking at all avenues for future financing from farm in to debt to JV. Important......so as not to dilute investors.

Don't want to give too much away up front in terms of the percentage of eth company's 100% owned strategic asset but not ruled anything out. Boom.

Great presentation - now know the drilling engineer on way to examine the rig and hopefully all good and away we go.

Onwards and upwards

Drilling engineer is on a plane travelling to Houston to inspect the proposed rig.
Competitive market for rigs but confident of securing for this years drilling campaign
Looking at how to integrate shallow drilling with other selection of targets in deeper targets.

Potential for multiple stacked pay
Proven exploration experts leading the search - geologists, geophysics
Dedicated drill engineer
Incentivised to align with investors through share options.
Unique feature - Helium one can produce with no greenhouse gases
Multi generational work with locals in skills, education etc.
Debt finance with 1 year payback in financing production model.
Simple logistics to transport helium.
President of Tanzania has stated Helium key growth target - every level in country supportive of HE1
Plenty of money in bank. Don't need to raise any money at this time. A lot of options on financing going forward.

CEO Presents.......

Believes share price undervalued
Demand for Helium exceeding new supply
Russia - impacting long term supply. 2 Billion gap in supply.
Short contract price up to $450 MCF
Jewel in the crown of Helium discovery in the world.
Our Primary Helium 50x-200x higher than anything currently on offer
Multiple new areas of interest from 2D seismic - prospects Rukwa still growing!

Bid coming? Schroders swiftly accumulated 5% plus.

RNS was great!
Advanced discussions re a suitable drilling rig. Seismic finding even more targets and DM to present this afternoon where no doubt we will sense his excitement and we can tease some more facts out.

So a drop in price a lovely opportunity. We know it is this year that the big drills are coming and with a strong chance of discovery. Onwards and upwards

RNS Monday morning with update on MOU, drilling etc
AGM runs as normal dealing with the agenda
4pm investor meeting discusses the detail and answers questions about the earlier RNS.

Onwards and upwards…

Agree Topcatz. Lucyd IPO waiting for calmer waters I suggest and more Solarius news waiting in the wings.

Been a nice top up period.

Let peace break out………