Member Info for ihavenoclue

"Also, they may announce an offtake agreement with sale price, but I’m not sure if this will happen before or after first gas is produced. "

This is answered in the Investor Presentation. Pre-sales - May to June with Production in July.

"And there it is: if Flathead is the main helium bearing structure we should be getting on with it straight away. Why wait until Q3?"

DM covered this is in his interview. Charles is limestone and can be done with a simple low cost with hydrochloric acid. Flathead is quartzite and needs hydrofluoric acid which is complicated to use and high expense (from 1:38 link below) I think they will drill 2 kms away where they will have a better chance of hitting the pre-cambrian which they didn't hit with Clink 1 - it may also avoid the shale issue that hampered Clink 1.

https://www.youtube.com/watch?v=YtItzwM73jo

A lot of the questions here, and people guessing this and that when there is no need as the company has already answered the questions and also the assumptions people are making.

"Best case scenario: Charles commercial immediately followed by Flathead commercial. Not so best case: Charles not commercial and no timetable to clarify Flathead in same rns. Obviously, I'm hoping for former. GL."

Flathead not going to be tested until Q3 at the earliest. Either by re-entering Clink 1 or a new drill a few km's away.

3LittleBirds ...you can see the weather by looking a Ingomar, Montana. Yes it's cold but it is in Canada and that doesn't stop them.

"Apologies if i appeared rude."

You just come across as very forceful in a "I am right and if you think otherwise you are wrong" kind of way.

I can be a little strong at times but some of your comments I have to smile at when you are going full throttle :)

"spread betting arnt using your shares,so doesnt effect the sp"

Wouldn't the SB company purchase/sell to hedge against your bet ? That's what I have seen them do in the past

BBN ...minus 18 is a wee bit nippy but DM didn't seem concerned with using the method in current conditions

Drop ....all ? Pretty sure both myself and Howard stated they have added.

It's only the people who don't understand dilution thinking that they had reduced.

Lord, I can't either but as I don't have to sell anytime this year I can wait. Producing from 5 wells is 124p and if they can manage to be producing from that many wells by year end then 2025 will have been a very good year and current price seen as an absolute steal

Lord ...you mentioned 30 - 50p on Rudyard alone when producing from 3 wells at a rate of $1m a month ?

I get 74p ($1mpm x 12 months x 12 price of revenue is $144m x 0.81 = £116.6m / 157 = 74.3p)

Can't read what I can't see. Not sure why anyone would want to talk with that deranged muppet.

£2 by end of Q2 ? Who is spouting such rubbish. Only chance of that was a huge hydrogen find and they are not going to be able to test hydrogen until Q3.

Lord ...and more Wells coming online Q4 2025

Beat ya to it Howard ;)

They actually added 500k. 9.8m in October and 10.3m now.

So Oberon were NOT the seller as some on here were saying

More than one Helium company shareholders waiting for "a boom on ML news" where as HEX has no licence concerns, have made a discovery and will be producing at $1m a month from 3 Wells within 5 months and are priced at prediscovery value.

"Even Bagzzz has to come."

He could bring down the mood at a funeral .... I can't see how anyone would want to go drinking with that

I bought 2k more at 14.8p and that's it ... final .. finito

"Noted that nothing is 100% until it is - but what impediments are there to achieving the revenue growth as outlined? I would really like to know of there are any ive missed as im looking, but cant realistically see any."

Tiburn, I asked the same question a month back and the only blocker to production I could see was funding the drilling of the wells and PSA etc. but now that is sorted I can't see anything.

They have a plan, which was really good to see so you could visualise it, and their plan of last year when sideways due to shale issue. Of course the best laid plans of mice and men often go astray but even if they only manage to be producing from 3 wells, instead of the planned 5, that will still be an amazing achievement and leave the SP FAR higher than current levels.

I still feel a helium shortage around the middle of the year wouldn't hurt either ;)

"So not only could the RESERVES potentially double with the Rudyard Southern dome & Ingomar, resulting in $220 Net Revenue ($20m pa), but this number could then be doubled if the team strike good supply deals with industrial end users (something they've stated they intend to do)."

Lord ... they already know who they are selling to ... they have known since early last year.

Biggest surprise for me was the timeline of drills. I expected 2 more wells at Rudyard this year to be producing by 3 wells by end of year.

To be producing from 3 wells from July and 5 wells by December is a VERY welcome sight indeed.

Even happier to sit back and wait ... have a good weekend all.