Member Info for LordWM

Just to add, our currect market cap is £32m. LOL.

We have a busy news period coming up which. all being well (forgive the pun), should drive the SP to new all time highs:

- Weil results. At the Linda well it took about 5 days from perforation to results (see the RNS and tweets). The 23rd May tweet confirmed that testing was underway at Weil and the video tweeted on 29th appeared to show flow testing. So we could have Weil results any day/minute.

- Updated Reserves Data. We already have stellar results from the Linda well. When data from Weil is added (assuming successful), we will have a new indpendant reserves statement confirming the know Helium in the field and the value of the recoverable Helium. Remember that this is a statement of fact and we can expect a signifiacnt re-rate when published.

- Production plant. With three wells completed and a plant site purchased, we'll hear news of the PSA membranes and assembly of the production plant, ready for first sales by end of summer.

- Inez #1 well. Being two miles south of Linda, this is the first drill in the southern part of the formation. This is very significant because (again, assuming successful), will start to take confimed reserves closer to the 2.6Billion cubic feet field size that Bo has mentioned several times. This would make the total recoverable Helium value close to $1billion!

- Next well target survey. We'll likely have news of the next well traget following the Inez drill.

- Ingomar Flathead Helium and Hydrogen re-entry and test. The grouse nexting season ends in July, so we may have news of a new drill or re-entry of Clink #1 to test Helium (Gas sample tested 2.5% helium) and Hydrogen (55.2% hydrogen in gas sample isolated from drilling mud could represent the first large scale geological hydrogen discovery in the United States). https://www.helixexploration.com/project/ingomar/

They may announce an offtake partnership to test and recover Hydrogen, or may do the testing themselves to confirm the Reserves, putting them in the best commercial position. Ingomar could be HUGE.

- Offtakers. We could have news of who will be buying the first Helium produced and pricing.

Anything I've missed?

The all time high is 480 I believe, would be good to break this soon.

Now pushing close to the 12 month high.

I too have never personally drilled a well with better results, but BO’s drilled a lot of wells and I’ve drilled none. That’s the difference, he’s the expert giving his expert opinion.

FYI I’ve also never been knocked down in the ring.

The next target is the 6 month high which I believe is 20p.

For any new eyes on this board their website and has great background info and their twitter feed interviews puts more meat on the bone, where CEO Bo Sears says he believes they have 2-3 BILLION cubic feet of recoverable Helium in Rudyard alone, making it the largets disovered Helium field in the US.

GLA, this will be a rocket ship IMO.

Lordloadsoflolly the calcs are net income/profit pre-tax. I think the tax rate is low in Montana for Helium.

Chromo, I hold just under 0.5% of the company.

Thanks Chromo. I I said before, I'm sure Atome withh get there and I'm def holding, have built up a decent position. Just keen to get FID and construction underway so we have a firm timeline for first revenue.

Looking at the SP this am, I'm guessing the presentation wasn't that well received... Woudl be interestign to hear from anyone who attended and perhaps it was recorded and will be online soon. We def need an Investor presentation with Q&A soon to give context to such a big shift in strategy and how it affects the CAN business.

It's disappointing that we're pushing FID back potentially another quarter, surely now over 2 years late which can only be a failure to understand the timelines and guide investors expectations. I'm sure this will happen, just a frustrating delay.

Https://x.com/atomeplc/status/1924473202723471482?s=46

Great update and investor comms, I hope they keep these video's coming, can't do too many of these.

I bought into Mosman yesterday. I'm not deliberately ramping another Helium stock, but Helix just posted this very informative and relevant video on x/twitter explaining the process for perforating and flow testing a helium well.

https://x.com/HelixExp/status/1923264200253608375

· Testing will commence with perforation at Weil #1 well testing combined flow from helium bearing Souris and Red River formation

· Work-over rig will then move to Linda #1 well to test helium bearing horizons

https://polaris.brighterir.com/public/helix_exploration/news/rns/story/x83ezjr

This is super fast work, Weil flow testing complete and Linda testing commencing!

Results for Weil as soon an analysis complete, followed by Linda.

I'm still going for 30-50p by the end of June.

Within that time we'll have results from Linda and Weil, and (assuming as expected) this will validate that there is indeed a much larger reservoir as Bo continually indicates.

Before end of June we should have a drill underway or completed at Inez (being 2 miles south of Linda this is the first well in the Southern dome part of the formation). We should also have an update on plant construction and lots of site construction photo/video indicating that production is close. We could also have info on first offtake deals.

GLA and DYOR.

I like the new guy, very commercial and focussed. His new strategy seems to be bearing fruit already.

At a near 10 month high now, let's hope the index action drives this way higher.

@Chromo. Just adding to the earlier questions re debt funding at the project level for Villeta.

I've been looking up definitions of 'free carry' and it seems pretty clear that it means holding shares without contributing capital. I think/hope that in Atome's case, and the way the equity club is structured, Atome get a 20% free carry for their work, investment and risk taken to date, but that the debt funding component will increase Atome's share of Villeta. I can't think what else this might mean.

If this is correct, Atome will have some long term capital finance debt to repay, but will have a more significant share of Villeta.

Again, I may be wrong and happy to be challenged. I think I'll email Atome to try to confirm this point.

Looks like the SP is trying to do something today, we're very close to FID and a lot of parties are involved to could have info leaking. I think we're all pretty sure that FID is a formality, Villeta is definitely happening.