Member Info for lordloadsoflolly

Pj70n - let's see. I think we can safely assume Bo has factored all these variables in, before making his revenue projections.

Demand is increasing too - and this sort of market quickly oscillates from feast to famine.

If you Google, "is helium supply outstripping demand currently", the reply is that we're currently in over supply. However, it goes on to say this is partly down to: "increased volumes from Russia entering the market (mostly in Asia) and the planned opening of new facilities in places like Tanzania" (good luck with that one, given current political unrest).

It goes on to say: "the supply chain remains fragile and subject to potential disruption from geopolitical events or maintenance shutdowns, meaning the market could quickly swing back to a shortage. Long-term projections still indicate that demand is expected to nearly double by 2035, driven by expanding applications in technology and aerospace, which means the industry is investing in new exploration and recycling technologies to ensure future stability".

When it comes to helium storage, I think we have to accept Bo is "slightly" more knowledgeable than any of us....

Pj70 - not sure where you get your oversupply info from?

One of the largest producers is Russia. But unless you're China, unlikely you'll be beating a path to their door.

As for your other point, there's a vast difference between short term transportation & long term storage.

Morri940 - in case you're lumping me into the Walter Mittys, I can reassure you.

1. No amount of positive or negative posting on this board will have any great influence on the SP

2. As previously stated til blue in the face, I bought into IMM twice (years ago in both cases) and have no intention of topping up at any price

DropD - Bo specifically stated that helium is notoriously difficult to store and that whilst this can be done, it isn't cost-effective.

So I think pj70's right on that.

Not sure I see this as a major downer though. Whilst it does introduce some unpredictability, surely it also gives helium consumers an extra sense of urgency? They can't cast around, negotiating with umpteen different helium storage companies, as there won't be (m)any.

If they need it imminently, their only option is to approach one of the current producers. Which is why a US producer with great infrastructure has a huge advantage over any developing country with potential corruption or transportation issues.

Icarus - yes, he suggested 20 wells being the longer term target for Rudyard.

And I think we've establised he reckoned an ADDITIONAL 6-8 wells possible in 2026, giving 10-12 by end of 2026. Though of course these things can change & unexpected delays are always possible.

Still, if we say conservatively said 9 wells by end 2026, each generating $4m annually, that's forward revenue of $36m heading into 2027. And at a GM of c. 90% (Bo's figures), that's c. $32m pre-tax. Which at current exchange rate = c. £24.5m.

Unless I've got something wrong, by my calculations - given the current market cap of c. £52.5m - this would give a forward PE of 2.14 by end 2026 which is just bananas!

Bonnevillle - "if our CEO is still standing after three days of being Mr Creosote it shows he’s made of strong stuff".

It would also show his priorities lie in the wrong place. Surely he & his entire team should be laser-focused on getting a deal over the line rather than jetting around the globe attending jollies.

Yup. I just assumed everyone had nodded off in sheer boredom at the Punch & Judy show.

There were some interesting predictions in that interview about the short term direction of global markets + gold & silver prices too (all down 20%+ from current highs between now and end January 2026, followed by a gradual recovery).

Worth listening in full, though I’ve no idea how reliable the two presenters’ previous tips have been.

* it would give around $20m revenues

Kaeren - wasn't sure from the interview whether 6-8 NEW wells were predicted by end 2026 or 6-8 in total?

Either way, Bo mentioned $13m revenue from 4. So even if only 6 total (unlikely to be that low), it would give around $20 revenues at a c. 90% margin pre-tax.

Given the current market cap of c. £53m, that multiple is going to look pretty daft assuming Hex delivers.

Popeye62 - “Isn't it strange!!! When the SP starts to rise, all the rampers seem to appear???” Atb LLOL.

Once in a lifetime

Helium flowing underground

Into the blue again ....

* Oscar!

Osacr - the one problem with your latest post today is that the market disagrees. For now at least.

You say "The TR-1 shows Lanstead is now below 3%. Why that will help the share price:

* Less selling pressure into positive RNS (Deals) = the price can move more freely on buys.

* Cleaner order book (fewer “who’s dumping?” moments)."

Sounds great in theory. And you may end up being right long term.

But why has the SP dropped almost 4% today in that case? Either: Mr Market has got it wrong (how many times have I heard that, though occasionally it's right!). Or: It doesn't view Lanstead's apparent willingness to dump a holding of at least 3% as a terribly good sign, when a deal is seemingly imminent (according to the Gospel of "Saint" Tim).

Webby4 - can’t see anything at all in that “Sharing” Agreement even vaguely suggesting Lanstead might be coerced into reducing or divesting its holding.

So unless someone can point me to the clause, we can safely assume it was Lanstead’s decision alone. Which tells you something about their level of confidence in betting on an IMM deal anytime soon.

Roger 65 - you say "I also believe that if there is any major kind of deal being discussed then the third party will not want a major share holder involved and so Lanstead may well have been instructed to get rid of their 13% to enable a deal to go through more smoothly."

As if Lanstead could be "instructed" by IMM or anyone else to ditch their holding. I've heard it all now.

Joto - last time the SP was that low was in 2003.

So assuming you haven't sold since it probably hasn't even kept pace with inflation.

Ezhik - my plumber mate (Flush Gordon) reckons those pipes you mention (exporting gas at 70 bar pressure ) should just about do for your loo.

Anyhow Scrodingerscat, we've both made our cases now.

One minute you say I'm mistaken treating Lanstead like an individual. The next, you (mistakenly) say I must be able to see why Lanstead has sold down, as I (as an individual) did exactly the same as them (a busines). Not very logical, is it?

Quite apart from being wrong in terms of me ever having top sliced. For the record, I first bought in before the P3 readout (so that stake's still heavily loss-making), then added just once a few years ago at a price considerably lower than today's SP. That's it.