Conflict31 May 2026 07:01
When progress is not expected then looks like BB conflict starts.
Whilst Punter has some valid points it is based on avail info/recent history; Not the future.
Some posters need to look at the facts available n make their decision.
Previously a poster requested info on 99.999% UHP Helium but was shouted down.
Helium production was RNSd but not UHP. Missed target.
No explanation on 99.996>99.999 production. PSA improvement over next 3 months = lost revenue and increased costs $$$.
Looking at recent results, targets have been missed, UHP production, Inez as well 4; and Well 5.
Previous posts were expecxting sp 50p+ post production. Where are we now? 36p down from high 40s.
HEX had placings in 2025 & 2026 for fast track production , but no well expansion plan has been RNSd
n Inez no progress for how many months? Maybe insufficient funds???
Last placing was very vague, but looks like HEX major shareholders have been diluted. No chance for PI to add.
Even though these mjor shareholders are in good profit, Does this mean lack of confdence moving fwd?
(or just their investment stratergy?) - We are ref. Drachs, Oberon & Edale.
Since change of Bod members, it looks like no added value.
Intention was Spot & Long term contracts but if u sign in 3-month spot contract with buyer taking all
n promise of extension, the contract must be very favourable or yr hands are well tied for any improved contract with a competitor.
Sales direct to customer - looks like not happenong now or in the near future.
As per some posts, RNS n other info has become quite vague compared to 12 months ago.
TP 93p now needs a good run of +ve info.