Member Info for ihavenoclue

Looks like I am the one who needs to be "put straight " as the RNS you were expecting drops ;)

Andy ...that is not correct about 2 days after passing threshold. Also you don't have to RNS for every % threshold.

If someone is still buying they can TR1 after they have finished buying and that is why you can get multiple % thresholds in one RNS.

Lord ... yes something should be announced soon.

"IHNC, forget it sir."

Have done :)

3LB ... OK fair enough ... I have a very large stake in HEX and believe it will come good but I am not going to say that everything has gone perfect, as Clink #1 has been a mess, but they have turned it around with Rudyard and Ingomar could be the golden goose.

I genuinely was confused on how I have been deramping when I feel I have just been realisitic with a background of bullishness on long term of HEX.

"So I can't really guess but if Rudyard production adds 41p you would say any guess would have to at least start at 50p+, wouldn't you ?"

From last night ... please point to the negativity and subtle deramping.

PS .. the last person to accuse me of deramping then went on to say HEX SP is going to drop to 12p.

How on earth in what I said was a deramp ? It's been a long time to find out what's in there .... that's a fact not a deramp.

"It’s incredibly exciting though and I can’t wait to test it."

Neither can I ... it all went wrong at the end of August last year and as they can't start mobilising a drill until 15th July it is going to be getting on for a year when we FINALLY find what the Flathead has to offer.

3LB .... I think you can forget stimulation of Flathead on Clink #1 ... will probably be cheaper, and a LOT easier, to redrill in a different location.

"3LB - IHNC mixing up £ and $ in his analysis (making sure we're awake!)"

Spot on Drop ... as our market cap is in GBP I converted the $4m and $500 ;)

Winloseordraw ... bit tricky to put a value on it TBH as there are some big unknowns that will affect it other than what we already know (or think we do)

Will there be 5 wells flowing by year end ? Each well will earn £3m for HEX if flowing at 2000pd (Linda flowed at almost double that but can it produce at that) and will they achieve higher than the £384 price for He ? Let's say they are as they state so 5 wells will be producing at a rate of $20m py and if we times by just 5 times revenue (as mentioned by DM and can be higher as some have mentioned) adds £77m to the market cap. So just the Rudyard production will be 41p of the share price.

Then there is the question of how much the Rudyard asset could be increased with information from Inez #1 and well number 5. We should know this in July. So that is a pretty big unknown.

Then there is Ingomar ... the reason HEX was set up and why most of us are here, or started to be here, for. That is a complete unknown and could add a huge chunk of change to HEX.

So I can't really guess but if Rudyard production adds 41p you would say any guess would have to at least start at 50p+, wouldn't you ?

DD ... I was using multiples of 8 - 10 but DM stated it was 5 times revenue so been using that working out since..

Pompey ... it's just guess work that seems to be pushing as it's going to happen. It may do at some point but it hasn't even been mentioned by HEX at any point.

Ulltaga ...forgot to take into account the company strategy has changed meaning higher values quicker

"Talking of speculation, what do folk think is realistic for the share price in these final few months whilst we remain PRE-production?"

You know there will be many different versions for this and the main thing is what will the price be after producing for a few weeks ? There are quite a few things happening before production, and I am counting Ingomar in that, so the answer is "how long is a piece of string ?"

"I remember DM mentioned another drill site at Ingomar. I think it was 1 mile to the east on the up-dip."

Yup that's how I remember it ... maybe a better place to avoid the shale ?

"Ingo is being prepped for sale imo -"

I agree .... prove up hydrogen and sell it off to one of the companies who have £100m's to look for such an asset.

Pays for full production drilling in 2026 to achieve best possible production from Rudyard, look to pick up a few more assets and a special dividend for shareholders.

All guesswork on my part of course

DropD ...gross revenue before taxes (which are very low)

"If they intend to test the flat-head they may need to stimulate it with hydrofluoric acid which only likes the warmer weather."

I would bet that they won't retest Clink #1 - the shale issue and then the mud has made it into a tricky well. Bo was talking about another drill at Ingomar a mile away from Clink #1 during his Cruz interview even before they stated they were unable to test the Flathead on Clink #1.