Member Info for hereandnow

Just to say. The stock is held really tightly. Most of the pre-IPO money is locked up. They have just done a raise. $3.5m from one long term fund. They are a long term fund and they are locked up for four months under TSX rules (all placings are locked up for 4 months)? As a result it is v hard to buy a decent wedge. 77000 shares traded yesterday (less than £20k), it went up 10%. If it gets any volume, it will go nuts. Any decent discovery and I think it has ten bagger potential. Results within a month or so

A couple of the founders of Helium One are now running Pulsar Helium. It trades under the ticker plSR on the TSX.v It has a prime asset in Minnesota, USA. So in the biggest market in the world and easy to develop/exploit. Market Cap is £16m. It has about £4m in cash. The helium was discovered by accident a decade ago by people drilling for nickel. It blew the drill string out of the barrel it flowed so hard. It is 10.5% helium, which is of the charts. They are spudding the appraisal well next week. There is a good seal, there is a high concentration of helium, it flows v hard. The risk is the scale. Recent 3D has taken away some of that risk,

"“The results of the passive seismic survey exceed our expectations. To see the velocity contrast at the depth where the discovery well intersected gas with 10.5% helium content is simply ideal. We are also buoyed by the vertical thickness of the interpreted reservoir host lithology and it being laterally continuous. This suggests that we are looking at a reservoir with the potential for regional scale. The team and I are now focused on successfully executing the appraisal well drilling program.”

If you like helium, it is worth half an hour of your time doing some research. Here is the website,

https://www.pulsarhelium.com/

If you are interested in titanium, it's worth doing as much reading as possible on rutile, ilmenite and anatase. All very different beasts. Rutile is by far the best and highest quality, purity, and carbon friendly. Synthetic rutile is made out of ilmenite by an energy intensive process and is still not as high quality. EEE have been working on this ground for quite some time now. One would of thought they would know what they are working with by now.

MC is £9m

Cash over £6m, £4m more coming in this quarter. Has committed to return £4m to share holders.

West Newton and Italy assets have considerable value. The other two are peripheral and we will be sold off at some point.

Daft attempts to takeover the company and its assets are now over.

v v cheap at these prices

Thank God the vote went the right way. Company is so under valued, total bargain at these prices.

When , where was this announced?

I rarely bother looking at this BB any more. Largely dominated by some stale old share holders who should have sold up and moved on a long time ago.

The reasons for the poor SP performance are pretty obvious. A dreadful CPO year in 2022 save for the pricing and a 15/18 month delay in the ramp up of the cashew business.

CPO production has been excellent all year and the price decent. Cashews are showing signs of getting there. Hopefully they will contribute to the bottom line next year and not be a drag. They were originally forecast to be more profitable than the CPO side of the business, time will tell.

Lovehandles does have point here, though he may be irritating!

There is a big difference between ilmenite and rutile. Ilmenite can be converted to a 80/85% purity by roasting (expensive and carbon unfriendly). Pure rutile after DMS is 90/95% purity without any roasting

rutile sells at nearly $2000

ilmenite $395

so the maths is 1% rutile is 7/8% ilmenite equivalent and the rutile has loads more carbon credits which is v important for off takers.

Empire has a huge 'looking' resource but we don't know the ilmenite/rutile mix or how/if it is easy to get out of the host rock. These met tests will be key. We won't get them till next year. in the mean time we will continue to get lots of sexy looking drill holes and the price will ride up on the hype. I own but I won't be hanging around for the met test reality.

If you are interested in comparatives look up

Sierra rutile (used to be listed in London) has rutile but only 3 years of supply left

Iluka is worth a look, Kenmare has a big and mixed operation. Bluejay and Greenroc, sands in Greenland (ilmenite and problematic).

The standout rutile play which also has a huge graphite resource is Sovereign Metals. Just done a PFS and RIO has farmed in , financed and is driving optimisation and a DFS.

I owned Kenmare years ago, also owned Bluejay and Greenroc at one stage. I own Empire but the standout play, which I own for the long haul, is Sovereign metals.

Always good to compare and contrast. Titanium and graphite are complicated, the metallurgy is key for any long term buyers.

The person offering the most money generally dictates the terms of the placing...not the company or the broker

Fabulous production figures and still getting paid at a premium to world prices. It's a record May and looks like they are heading for a record first half. The re-rate continues

El Nino has come back, same as 2016/2017 . This will decrease rainfall in SE Asia (85% of world production) . It doesn't affect DKL production nearly as much. It will put upward pressure on prices which id great for DKL. In the mean time world demand grows year on year.

And then we have the cashews ramping up as the second revenue stream.

Considering they didn't land those two MSCs or the big tech contract, a very decent set of numbers. An excellent post covid recovery. If they land any of the delayed business, WSG becomes profitable and will re rate accordingly.

It's from the official page of the Ministry of Energy

'TPDC and the investor of the Ruvuma Block with approximately 1.6 Trillion Cubic Feet have completed discussions and signed the Natural Gas Supplement Agreement, Minister Makamba'

https://twitter.com/Nishati2017/status/1663906010614906884

that magic word....signed

From the comments of the board we will be hearing about this 'shortly'

It will re-rate on this news, happy to wait

That is the plan Rivaldo.

Whilst the cashews have come in horribly late, now that they are ramping up , we should see a material uplift in revenue and profitability. At long last, we have two agricultural production lines.

Thanks for the info. but it doesn't answer my questions.

Hopefully some of you can help. if its a guess please say so!

Let's say they produce at 10 mmscf per day for easy maths.
1/.How much do they get for each mmscf?
2/. How much is Opex per mmscf?
3/. How much is their take after tax i.e. setbacks?

Does anybody know these figures?

CPR ahoy!

Ffidelity have bought a 5 % plus position on market...that is outstanding news

People need to read the RNSs from the last testing on this well and the rationale for this one. There is plenty of good quality crude oil down there.

That is excellent news.