Member Info for Latorre1690

Renergen ( NASDAQ-REGN)
Is set to become a significant global player in the helium market with South Africa's first-ever liquified Helium processing technology. The plant when operational will be able to export this rare commodity.
Along with ourselves, they were also at the Helium Super Summit in Texas in Dec along with Quetagas and ExxonMobil who currently supply 25% of the worlds helium demand.

Could there be a link up within the next 18months or so iwhen we get that discovery in 2022, only time will tell.

Onwards and upwards.

skittish,

Thanking you for your response. Very informative as with all your posts.

Onwards and upwards

Once again, another He1 RNS chatching a lot of people out not expecting news so soon.

Onwards and upwards.

Skittish your posts are always very informative and sometimes brings a different perspective to the postings. Keep it up.
You did say in one of your last posts that nothing has changed with He1 since 2015/16 , and in another post on the 26th Jan you referred to the MSS survey as gold dust, which I feel is is slightly contradictory.

Scott22 way right in his last post in saying that there has beenchanges that you haven't mentioned..
The helium price in 2015 was $14 a litre ( liqiified) and is now multiple times that today.

The dynamics in the helium market has also changed as there is a lot more demand for this product going forward.

Lots more data within the last 18 months with a first drill done, unfortunately not a discovery but a lot learned by that virgin drill.

Majors will be watchng He1 and when the time is right they will come on board in one form or another, probably sooner than we think.

Onwards and upwards.

John, totally agree with you. Modern technology has made it easy ( to a certain degree) for MM's to also dictate.

They can only hold this down for so long , similar to helium in a reservoir, once it finds an opening it surges.

The daily share price is irrelevant with what's not to far away.

Onwards and upwards.

Just been reading about some O&G companies, Shell, BP, ExxonMobil and Total.
The current Oil price per barrel is US $90+ and is expected to go to over $ 100 a barrel .

What has this got to do with He1 you might ask?

Answer is simple.
These major's are awash with so much cash in the bank they dont know what to do with it, and It can be embarrassing for a company to be in situation,

Ok they can give better dividends to their shareholders, they can also buy back their own shares, but the most obvious thing to do is look for greener investment opportunities.

He1 would be a perfect fit, and if they are not already directly involved with discussions ( jv) then He1 will most certainly be on their radar(s) .
All majors are also slowly down sizing their heavy chemical and oil and portfolios and are starting to go greener.
As I mentioned on an earlier message ExxonMobil has only recently sold their thermoplastic buisness for US $1.38b.

Looks very promising for He1 going forward.

Onwards and upwards.

The weather in Tanzania has been brilliant for He1 with the 2D now completed during a dry rainy season and now the ERT whilst the conditions are wet and conditions are ideal.

Who needs an umbrella.

Onwards and upwards.

Didn't see this one coming, typical of He1 to deliver when your least expecting.

Good news, with more options to consider.

Onwards and upwards.

No company especially a major would be interested in a jv unless the accounts are fully up to date.
Probably the audit is currently or has gone on in the background whilst/if there is someone else interested for whatever reason.

Another option to throw into the pot :-

DM might have an ace card up his sleeve after saying on the Proactive interview " we are not a one trick pony you know".

Could this mean that a deal might be ongoing with a partner to get not only a discovery but possibly a plant built and running included in the Rukwa region only, leaving the two other licenses still fully intack and owned by He1 for future development. (To a major the cost of around $120m is pocket money, eg ExxonMobil only 6 months ago sold their thermoplastic buisness for $1.38b).

Still no new today, but I'm taking this as a positive and not concerned whatsoever, as I'm sure there is lots of work going on in the background in readiness to bring to the news to the market.

Onwards and upwards

@ Noob67

Fair comment, DM ( and the board) will do their utmost to get that discovery this time round, what ever it takes.

Obviously we as shareholders want He1 to succeed big time.

DM will way up (assuming a jv is an option) the best options on the table for a discovery in 2022 and for He1 as a company going forward.

We must not underestimate the value of the licence agreements we have in place and I'm sure DM is fully aware of this, we have an experienced board to deal with any uncertainties going forward.

In DM's words he dosnt' like wasting time and money. To me, for some reason that saying of his has stuck, and shows how 100% committed and passionate he is on this journey.
That saying sums up one word " Value" and on that note I'm sure he will pick the best value option for He1 and shareholders,that is whichever route he picks.

One thing is for sure, we are getting closer in knowing the exciting way forward when news drops soon.

Onwards and upwards.

@inthevoid
You certainly wear your heart on you sleeve, brilliant, it's a rare trait these days especially in this negative world we seem to live in.

You can not buy positivity, you either have it or not.

Positivity helps to see things that others struggle to comprehend.
You certainly believe in He1 delivering this time round, your not on your own, the next RNS news could be a catalyst of what will come.
As DM said, 2022 is the year of discovery.

Onwards and upwards.

@inthevoid

Hope alls well, getting closer to the first on many RNS's.

I think you might have got your last message incorrect regarding Daven666.
He was quoting what dixywrecked said on the imediate previous message. You like myself probably got dixywrecked filtered so you didn't pick up on what dixywrecked said prior to Davens message.

Anyway, Rome wasn't built in a day and the holders who hold and are patient until the news drops will be the winners in this exciting venture.

Patience is virtue.

Onwards and upwards.

Short term price is irrelevant with news imminent.

Every Monday is a new week that news can drop, every Monday that passes is one closer to the good news.

Onwards and upwards.

Daven66/ gogsthelogs

dixywrecked is a total windup merchant, fake, troll, and that is being polite.

Why? probably lost bigtime last time round, so in her (not his) little world it's now total wind up time.
Also reckons bought @6.89 and sold 350000, The truth is she didn't have a single share this time round.

dixywrecked filtered.

Guys keep up the good work,
Next week could be the start of some good he1 news flow.

Onwards and upwards

One for buzzlightyear, sorry Thomas.

Always remember when I was in school, my teacher said to me, can you draw a square, I drew a circle, he told me off and said stand in the corner.
I replied where's the corner.

Onwards and upwards.

No one can really call when the next news will drop but if it's not anytime soon or dare I say, not even during this month, then this might be a good thing as the chances are, there are lots going on including due diligence and news when released should be significant.

This in itself shouldn't mean the sp will necessary go lower, if anything, I personally feel the sp will factor in some good news is coming , and should increase before the next RNS drops.

I feel if we don't hear anything within the next week or so, be prepared for early March for news flow but it will be worth waiting for.

DYOR/ IMHO

Onwards and upwards.

Wyndrum/ Noob67

Agree with both your comments but firstly on reading Wyndrum post I liked the sound of what you said, but like Noob67 said a little suprised in your comments .

As you rightly just said Wyndrum, overriding emotion, (myself included) can keep you attached to a company and really we should be focusing more on what's best for the overhaul share price, which is certainly not easy. Its almost like sitting on a fence.

Onwards and upwards

@Aussie_ princess

Excellent this does look very promising, good work and thanks for sharing.
I think we will hear something from He1 in the next 7 to 10 days regarding latest progress.

Onwards and upwards.

I did post something similar last month but thought I'd post again. The following is my estimation of where share price will be in relation to where He1 are pre discovery.

Step 1 10p -15p SP happy at this level, awaiting the start of news flow.
Step 2 16p-20p Results of 2d seismic .
Step 3 21p-25p Drilling anouncement and mou.
Step 4 26p- 30p Possible cash call with further good news flow.
Step 5 31p-35p Drilling campaign starts.
Step 6 36p -40p Good news flow regarding drilling.
Step 7 41p...... £1 + Discovery.

Seven steps to helium.

This is my take on a very successful drilling campaign.

IMHO / DYOR.

Onwards and upwards.