Member Info for JohnHenry

Skippy if spot sales arent easy why would you lease a tanker which will be costing Money.

Surely you would have a spot price sale in place before you leased the tanker

Skippy, Company can sell Helium at spot while negotiating Long term contracts. The fact that a Tanker has been leased and sits on site would indicate they intended to sell into the Spot market. The fact that the has been no RNS with respect to first Helium sales or even a tweet showing first loaded tanker of helium being delivered would indicate there is a problem with the Plant and no Helium is being produced.

Markets hate uncertainty, Bo Sears has created uncertainty hence the decline.

Since the start of helium production nearly 2 months since Tanker lease, yet still no news on any Helium sales ???????????

Update needed whether positive or negative. Imho

As mentioned a few weeks ago 50 moving averages coming into play without positive news. 36 - 36.75p

Support level @ 39.5p broken. Without any news next support likely @ the 50 MA 35p or 50 EMA 36.75p

Aimho

However you dont know the contents of the operational update. Plus they would be buying with a lower risk with more information.

Made perfect sense to derisk a little around 45-47p until a clear operational update was RNSed

Why would they regret selling they can always buy back at anytime.

MM quotes Bid 3.28p Offer 3.39p

No it was incorrect at the time of your post there was a 152K sell at 08:09 and a 50k sell at 08:13

i guest your using a delayed data feed

Keith that trade data is incorrect

Fridays loses still not gained. Hydrogen news while a potential significant bonus an operational update on Helium production is what the market wants to hear.

Odd comment when there has been no Rumour so how do you sell it ?

How about you calculate how long it would take the plant production flow rates to fill the tanker. Let me tell you its day rather than weeks. helium would be boiling off faster than they are filling at this rate.

Common sense and a little logic tells you something is a miss with operation. Like last when they had an issue with the variable drive, news wont appear until the issue has been rectified and the tanker has left site. Aimho

Skippy do you honestly think HEX are going to shut down the plant ,Let a Tanker stand idle while on Lease, for weeks. While they negotiate long term contracts when the can sell Helium @ a spot price between $700-$1000 Mcf

While long term contracts are being negotiated , HEX like HE1 would be selling any produced Helium at Spot price. Early revenue.

The fact we have had no news for many weeks would imho imply HEX have a delay in being able to fill the tanker

JC ( bit of a contradiction) the tanker arriving on site is not an operational update yet was tweeted.

First tanker leaving site is imho is a significant milestone for the company. Commerciality. First revenue. should be RNSed

The fact they tweeted the tankers arrival but not its departure would suggest the Tanker has not left site.

Spot On

24 days since the tanker was on site. If tanker had left site i would have expected at least a tweet.

No news would imply the tanker has not left site. Why ? Come on Bo you need to throw a bone.