Member Info for JohnHenry

Offer creeping up on each buy

If company are planning to drill 5 production wells this year given us 6 wells in production by year end.

That would give full name plant production of 48000 Mcf of helium production.

Giving annual revenue of $24M @ $500 Mcf Helium

2 X 1M buys Thats more like it.

Nor me as i will want to see the PA put in a solid base and recovery.

Move and hold above 19-20p

A few speculative traders imho Worth noting no trades for 25 Min

If the seller and any Nounce they would back off and let the price recover.

If the seller is indeed a pre IPO investor then you would have thought they have strong connections to the company.

At present they are simply selling against themselves as the volume isn't there on the demand side.

Company broker should hopefully be actively looking for a buyer.

Large sellers in micro cap is always a killer for the Companies SP.

MMs dont give a 4X what the company does. Its all about making a market and earning cash.

Bfd so how do you explain Peeps selling at 1.975p

worth remembering its not all about placing sellers.

Bfd take your rose tints off and open your eyes. Understand how placings pre and post work.

Another note, Traders that bought on the placing pump will also be selling

Load of Nonsense BID 1.95p

Bfd understand what happens to the PA before a placing.

As i said its about supply and demand, the supply is there however demand is twiddling.

Why because Traders /Investors know there is supply and will wait until that supply dries and the supply demand ratio switches.

Hence the Placing price where supply will slow.

One other thing to consider after a placing, short covering ( Buying)

Aimhigher is a perfectly logical statement. As you are aware price Action. share price movement is all about supply and demand. News/ events influence that dynamic.

After a Placing Retail offer supply outstrips demand hence the Price falls back.

Its not rocket science

8584 research what happens with the PA after Retail Placings. Ignorance.

Have sucked away new buyers in the short term. SP needs to drop below the placing to attract new buyers to the stock in volume.

Decent deal IF the wax treatment works.

More huge delayed trades being stamped

The market hasnt had chance to grasp and value the excellent Rudyard news as theres been a large seller since the news.

Supply has overwhelmed demand.

Its already had that drive up to 3.6p the placing pump

If the management Execute their 2025 plan for Rudyard.

The present market cap is at a discount to the 2025 exit annual revenue. Bonkers.