Member Info for Legalwolf

Absolutely Tiburn - my speculation is that they won't pass it on unless... but let's see.

Once the company starts to produce some revenue, THAT's when things will get interesting. Talking of speculation, what do folk think is realistic for the share price in these final few months whilst we remain PRE-production?

I know that once we hit production and generate some revenue, then we really get onto the radar of the big boys, both institutional and private, but curious as to where we get to simply in the run up to this.

Long consolidation this, with loads of supply having to absorbed, but it now looks to be getting ever tighter i.e. is coiling up. Hopefully this signals that selling is drying up, and this might finally be ready to make another upwards.

Can't see them selling Ingomar, unless they think it has no commercial Helium potential. It would make no sense for a Helium producing company looking for growth in the Helium space to then sell an asset they think has Helium potential. At the moment, the noises coming from HEX is that they still very much believe in the project. But of course, proof will come if they are then prepared to spend the production cash from Rudyard on Ingomar.

But it matters not whether they do, because we know that Bo will grow the company through Rudyard, whether it's at Ingomar or some other project. Rudyard will really allow Bo to flex and leverage his contacts and muscle in this space, even more than what he has been doing already.

Do we still need DM, when Bo is such a star? Just play with the one striker up front!

I'd like to know how Bo plans to increase the company's profile in the US though, to maximise that OTC listing. Good to see some institutions coming onto the book.

KR - the placing has gone to a private family investment fund. They are likely to be sticky hands. There are also no warrants. Hence the placing was chewed up and spat out within the opening bell. HEX has also closed a gap on the chart, which should now act as support. Given that it has got a placing out the way, and is the middle of a period of very bullish newsflow, I really can't see it dropping back much from here. I think it will consolidate and then make another charge for it. Hence was I was happy to add at 21p.

Totally - nobody believes anything he says. You would never forget if you literally nailed the top - that would be like a medal on the mantelpiece moment!

The only way he gets any credibility now is by listing his buys and sells, so that we can all see exactly what he has been up to and judge for ourselves. Now, the obvious reply is "why should I do that, I don't get care what you think" blah blah. But this is classic avoidance. He could easily silence us all by doing this, so why wouldn't he take this easy route to shut us all up, rather than the more long winded route of trying to persuade us through post after post of incredulous content.

If you had CCTV of a particular neighbour burgling your house, would you not hand it over to the police? Or would you keep the CCTV to yourself, and send the cops email after email trying to persuade them to believe you when you are telling them the neighbour did it, and then lashing out at the police when they become dismissive of you.

The only reason he should post it all

He isn't going to be able to give you his trade, because there was no trade. It's all just empty and vacuous stuff. Basically, what has happened is that intially, most of us just let his many trading half truths slide. But this only emboldened him to increase the bs and the boasting, so that when we finally started to take a closer look at his trading claims, it started to unravel. Suddenly he wasn't willing to share his average. Then he came up with some new obfuscation for calculating the average. Then he stated that he couldn't be bothered to work out his average, which was ludicrous because the platform does that for you automatically when you add. Then he came up with a ludicrous figure, of an average that was just above 5p, even though he'd been buying all the way in the teens.

Then when he announced some very recent buys, but the share price continued to fall, he suddenly made out that he was still in the process of buying. He will continue to say this until there's a low in the chart, and then he will make a hindsight announcemnent that his last buy has gone in. Schoolboy stuff from a schoolboy trader.

Utter bs - ouch was you basically trying to set a negative tone to the announcement of a placing. Most of us read the RNS without any that sense of "ouch", but rather, with a sense that any fall was going to be get heavily bought into because it was actually a fantasic raise. That's exactly what transpired.

I don't know what was the biggest reversal today, the one on the chart, or your own reversal from ouch!

With each well, we're all going to well up, because we ARE well up!

That's one of the most powerful shows of strength that I've come across on AIM. The day started with a discounted placing and ended up with filling a higher level gap on the chart. Formed the most bullish candle since HEX launched.

This thing looks its going to go on a bit of run, as they have basically de-risked the Rudyard project, and each well drilled is just going to £millions more revenue to an already impressive figure.

What happened to ouch😉

Anyway, that's how you close a gap folks, and to think we had a placing to contend with as well. The most bullish candle HEX has ever had and has to be one of the most bullish days on AIM, when you consider it was discounted placing ending up with an higher level gap fill.

Tomorrow is setting up to be a ripper, and I think a quite a few positions are going to be unwound across AIM to enter here. I'm unwinding two other shares now, not just the one! All imo and GL

You guys might find this hard to comprehend, but from a TA perspective, things are actuallly still fine, and we are still in an uptrend. I believe what we are experiencing is a shakeout at the very low low of this large trading range in that uptrend, aided and abetted by negative posters, and the pause in activity, engineered or otherwise.

Sentiment is a very fickle thing and our pied piper is the share price. At times like this, it's easy to forget just what a strong set of projects OMI has in front of it, that most juniors could only dream off. As BG said, they have been non stop drilling for 6 months, results have been coming in thick and fast, and they need some time to take stock. What is so unreasonable about this?

The biggest issue here is our expectations. We have been spoilt by Pepas, not only in terms of the high grades, but also the speed of turnaround. We can't now stomach the idea of having to wait for the next positive update, or not getting high grade results all the time.

You have to decide whether you back the projects or not, and that includes the team at the helm. I honestly thought the forward plan they outlined for OMI was a really positive one - the only issue I took with it was not wishing to spend a measly 60k on taking APTA to a resource. I also didn't like BG's comments that he's not here to give the market a warm fuzzy feeling - he absolutely should be looking to do some of that!

But overall, the plan they outlined is perfectly rational and sound. It is exciting, strategic but also fluid. I retain a high level of confidence in PEPAS, they did find gold in the unguided holes at North Pepas, and we heard BG say that Pepas is open in all directions and at depth. So they likely will find more gold and gold zones when they resume drilling. Beyond that, I can't wait to see what El PANTANO might bring and August/September is around the corner.

So when you step back and think about it, the next 6 months are going to be far more exciting than the 6 months that have just passed.

All this needs is for gold to keep on rising, and that next operational RNS to land, and we are on our way again.

It's a SCREAMING BUY and folk are being squeezed out their shares by the smart money!

FOMO Friday incoming tomorrow?

Totally agree with Trek and others. This has gone from a share that I traded in the past, to one that now has to be seen as a longer term hold, with a high level of conviction that it's going to deliver some really strong returns from these levels over the coming months and quarters.

It's an excellent fund raise in terms of going to sticky hands and avoiding the warrants, as well as the stated purpose of the raise, which is adding more growth to the company.

This has to be a strong candidate for delivering very high returns over H2 of 2025 and beyond. I've added more today and will be looking to unwind positions elsewhere in my pf and chuck them in here. Anything at or around these levels is going to be seen as "bargain basement" fro where HEX will be in 12 months time imho. GLA

The project is now virtually de risked and expanding. Excellent opportunity to add. I don’t think it will fall back much as it’s a private family investment rather than your usual flippers and no warrants.

5 production wells generating 20 million- bring it on.

Reason for placing is perfectly valid, namely adding two more production wells. They are motoring ahead at a really impressive speed. The shares have gone to sticky hands. Excellent opportunity to really build a stake if the price pulls back to placing price. I would expect a strong bounce back given the newsflow ahead.

I think we need to separate Technical Analysis from what JH has to say about it, or his motivations. Only he will know what those are.

I do use TA, and find that it can work, though not all the time and can fails. In fact I have used TA to time my exits from HEX last year - which happened to be at the high. That might have been TA, or just pure luck. I have timed my entry into HEX as part of this current run. So far, happy with the way it's gone.

But just as often what we think are technically significant areas are just random price action. You only ever know for sure, after the event, which is why many label TA as hindsight analysis.

My personal view is that we are trading right into the mouth of a gap, and so we can expect some volality/resistance here and price rejection. But the trend is still clearly up and it's only a matter of short time before we close this resistance gap zone i.e. the price rejection at the top will itself be rejected, which would be very bullish.

Not everybody waits for results on AIM. Often I don't wait for results, but on this rare occasion, I am sufficiently confident to do so. It was good to see the tweet referring to summer production, which I don't think they would have issued just now if anything had not gone to plan at Weil. So no reason to worry either on fundamental or technical perspective so far.

But this is the AIM casino, so anything can happen, and tomorrow will bring its own debate. GLA

"If this is you being positive would hate to see you negative on a stock. Cant you look on positive side look at share price a traders dream."

Surely his low average must make him feel positive. If not, he can have some of my custard pies!

Just looked at the chart - that is some bounce. That should be the bottom so far as the low is concerned.

Now wouldn't it be typical if we got a RNS shortly announcing some positive news!

Seingred - the timescale I was referring to was around Pepas modelling and geochem. This work he did say would be done very quickly. In terms of the timescale for production at Pepas, he can't give any timescale until they know whether and what the options are. But my sense is that they are looking at extraction and then transporting to ready made nearby facilities. I have no idea what the extraction costs would be, and whether/what permitting and studies would be required. I would imagine that these areas will be advised on by the consultants. If it was a non starter, the scrooge that is BG, would not have spent the time and money on consultants in the first place.

My best guess is that if it's merely extracting the gold at Pepas and everything else is done offsite, then I don't see why a two year timescale is not achievable. Also, I'm not ruling out Pepas being sold as one of the options, with OMI taking an upfront sum, and then either a future % of the profits or a royalty. This latter options becomes more attractive if the timescale for production is closer to 5 years, for example. Pass it on and move onto the other gold rich acreage!

If there are quite a few mining/milling operations in the area, surely they will be very interested in taking the 'easy money' that Pepas offers them. Even what they have found suggests 200k to 300k ounces, but as BG said, Pepas is open in all directions and depth, and thus has plenty of expansion potential. That's before you get to North, South and the rest.

Again, listen to the webinar. They were clearly talking about a fast track option that doesn't involving building their own mining operation, but rather, using nearby facilities. Taking the ore away to a neighbouring mill, rather than having their own, for example. This is why they mentioned a neighbouring mill and BG said that the trucking costs would be next to nothing. It seems clear to me that this is the optionality that they are looking at i.e. a quick route to production and revenue. They will also know that the going is good right now with the gold price. It might not always be so. So time is of the essence.

Overall, I got the impression that they want to look at the feasibility of simply taking the ore from Pepas to elsewhere, doing the minimal necessary to be able to do that. Nothing that will take 5 years.