Member Info for Kaeren

Dull as dishwater and borderline belligerent.. they told us they would update resources , now it appears they feel it is unnecessary with a throw away 1000 strike comment. They told us they would be actively drilling wells and nearing midyear & zero action , so his response didn't cut the mustard with me. No reason given why the five nines have disappeared off the agenda. Not impressed and can only conclude that the exercise was a tick box , short but not sweet. I hope they have major news that they can't yet release and that we can collectively say " ah , that explains the AGM. "

The Market isn't training anyone.. more drivel.

Fact is we've filed , we know sp will rocket

You omit mentioning that since qrt 4 2025 Hex have increased their acreage twice see March 6th RNS.

I'd love to learn about when we can expect a return to the much touted UHP & when to expect some virgin drills on new targets. If Bo wanted to discuss well rollout , he could, as technically it isn't new inf as we've already been told how many holes he'd like to punch in 2026 . Let's get the party started, bored of reading on here the rinse repeat of how to say the same thing 1000 diff ways.

The offtake changed priorities Punter.

The answer Is straightforward , the offtake will take everything produced for three months. Therefore the top priority is to have four producing wells for the maximum time possible in this short window. I don't view it as hydrogen taking a backseat , cash is king always.

Hopefully Beesty , more than bored reading it.

Probably quietly repurchasing as I type.

Well done Hex.

I doubt we will see the Straits functioning as we knew it, granting free passage for a long time , if ever again. The Straits are not international waters.

They have never been considered international waters. Because the strait is only about 24 nautical miles (44 km) wide at its narrowest point, the 12-nautical-mile territorial waters of the two bordering countries, Iran and Oman, completely overlap.

Because the entire strait is technically under the sovereignty of Iran and Oman, it is governed by specific international maritime laws.

Transit Passage: Under the UN Convention on the Law of the Sea (UNCLOS), international waters do not exist in the strait, but foreign vessels (both commercial and military) are granted the right of "transit passage". Prior to war no permission required from Oman or Iran.

Disputed Frameworks: Iran is not a party to the UN Convention on the Law of the Sea. Instead, Tehran claims that foreign vessels are only entitled to the less extensive "innocent passage", which can be restricted if Iran deems the vessel a threat to its security.

Obviously Iran now deems US vessels and those from Israel a threat.

Furthermore they are now charging extortionate fees to " safely navigate" the Straits. How safe maritime insurers perceive this to be I wouldn't want to hazard a guess.

Personally, I don't see Trump agreeing to the above scenario.. a precursor to peace. Even if he did , then costs have risen considerably, making domestic helium production much more attractive , albeit it more expensive then a year ago.

I doubt we will see the Straits functioning as we knew it, granting free passage for a long time , if ever again. The Straits are not international waters.

They have never been considered international waters. Because the strait is only about 24 nautical miles (44 km) wide at its narrowest point, the 12-nautical-mile territorial waters of the two bordering countries, Iran and Oman, completely overlap.

Because the entire strait is technically under the sovereignty of Iran and Oman, it is governed by specific international maritime laws.

Transit Passage: Under the UN Convention on the Law of the Sea (UNCLOS), international waters do not exist in the strait, but foreign vessels (both commercial and military) are granted the right of "transit passage". Prior to war no permission required from Oman or Iran.

Disputed Frameworks: Iran is not a party to the UN Convention on the Law of the Sea. Instead, Tehran claims that foreign vessels are only entitled to the less extensive "innocent passage", which can be restricted if Iran deems the vessel a threat to its security.

Obviously Iran now deems US vessels and those from Israel a threat.

Furthermore they are now charging extortionate fees to " safely navigate" the Straits. How safe maritime insurers perceive this to be I wouldn't want to hazard a guess.

Personally, I don't see Trump agreeing to the above scenario.. a precursor to peace. Even if he did , then costs have risen considerably, making domestic helium production much more attractive , albeit it more expensive then a year ago.

Agree Broomtree.

Not strictly true . If company A wants to sign a contract , then company B ( current spot contract holder) have to make a decision.

Yeah 👏 happy 😊

May have missed it but has the SP Angel research note been posted or the Hybridan research note ?

Https://x.com/i/status/2057034847550353420

Bo has done exactly what he said he woukd do re sales & has achieved significantly more than estimated numbers at Pre IPO. I expected neither the nsme of counterpart, nor the exact amt. I didn't expect a LT contract at significantly raised prices as our first sale , however expect that news will land shortly. Nor did I expect news about Inez in an update about our first sales. Personally I'my thrilled with the update. Plant working , adfitional tankers will be supplied, achieved significantly above company expectations , deal is with a major and Bo clearly expects this to lead to a l8ng term contract. Await explanation re grade A

They'd surely sell consistently at spot, availing of higher prices incrementally , instead of not selling ,waiting for price to go up. We certainly have more than one trailer of helium to sell & therefore slightly more each time helps mitigate the first lower priced sale.

They'd surely sell consistently at spot, availing of higher prices incrementally , instead of not selling ,waiting for price to go up. We certainly have more than one trailer of helium to sell & therefore slightly more each time helps mitigate the first lower priced sale.

Yep , not something that I automatically think of though.

You haven't missed anything Ventura. Nobody has heard anything about any sales of any duration. Constant reiterating of "We are the first producer in Montanta" technically that could be to fill a birthday 🎈

However, the Bod would lose all credibility and therefore much like a plane on a runway I find myself in a holding position awaiting news and subsequent take off. Hopefully we fly high.

Yep a few chunkies Mr T . Let's hope it continues, as AGM tantalisingly close & 4 day trading week next week.