Member Info for Major-Tom

Exactly MNN. I am personally very confident that the concentrations of helium will not be an issue.

The wire logging will identify reservoir sections and relevant porosity to identify areas to target to flow testing. Once flow testing starts HEX will be able to obtain a sample for Analysis which will then define the concertation of Helium hydrogen and enable them to confirm a discovery or not. The flow testing will continue to confirm if the discovery is commercial.

LLL

In the determination of the helium isotope ratio, achieving accurate results is primarily constrained by the 3He+ signal value. During the measurement, gas impurities are ionized by the ion source, generating charged ions with the same mass-to-charge ratio as the target ion. These ions will interfere with the measurement. The ion interfering with 3He+ is HD+, and that interfering with 4He+ is 12C3+. Typically, the resolution of a small mass spectrometer is too low to distinguish 3He+ and 4He+ from their corresponding interfering ions; only a large magnetic mass spectrometer can do this and thus accurately measure the helium isotope ratio. In the field, the measured 4He concentration is usually used to represent the total helium concentration due to the low resolution of portable instruments.

I guess they only have a small, portable, mass spectrometer in the field.

From David today "The grade of the mud show has no relation to what's in the ground because it can be affected by hundreds of different factors including the weight of the mud and of course the presence of Hydrogen which can suppress Helium readings in the mass spectrometer" and “Looks like we might have a Hydrogen, Helium and Nitrogen system in the Amsden and Charles formations and a Helium and Hydrogen system in the Cambrian strata which includes the flathead formation which is our primary target” David seemed to correct himself regarding Hydrogen in the Amsden and Charles formations.

So to me there is no Hydrogen in the Amsden and Charles formations hence the Helium numbers for these formations. There is significant Nitrogen in Flathead and the overall Cambrian strata. This means any numbers for Helium in these zones may be / will skewed by the presence of Hydrogen.

BO has around £2,000,000 at stake here and David has around £920,000 at stake. So long as both are still positive on the drilling and HEX I will be too. Vastly experienced, professional and fully aligned with us PI's. We couldn't ask for a better management team.

There is nothing to worry about what the HEX team have seen through drilling. David was absolutely beaming. There is no way he feels any less positive from what's been seen onsite during the drilling.

David confirmed:

Very positive and encouraging results

Helium shows in "ALL" target horizons.

The grade of the Helium in the mud shows has no bearing quantity / purity. Just cofirms that Helium is present

“BONUS” nitrogen in the Cambrian.

BO expected to find Hydrogen but David didn’t.

Look like we may have a Nitrogen / Helium in the Helium targets and Nitrogen / Helium / Hydrogen in Cambrian

Hydrogen will require quite small additional capital for plant

Hydrogen will be very profitable when extracted from sub surface

Commercial Hydrogen will result in big impact on bottom line revenue

Wireline 2nd half this week.

Wireline results early next week.

Flow test to follow and will provide sample.

Then can declare a discovery.

Flow test to follow.

Nothing but positive news no matter how people spin it

Following on from previously announced helium gas shows in the Amsden and Charles formations (19 August 2024), the Company has now identified elevated helium shows in all primary and secondary target horizons

Fluctuations don't really matter when you are talking about such massive upside potential. If you believe in your research and the likelihood of success you hold. If you hold and it comes off cha ching. If not, move on knowing you had the balls to follow your instincts.

Just took my first HEX position myself. Been researching and watching SP to try to call when to jump on board. Should have jumped in sub 20 but waited on confirmation of higher lows for entry point. Happy to hold now for results and whatever comes next.

Looks to have bounced off support level, Fridays high of 1.63 and looks ready to move up once again

Looks to me like we are ready for another run north towards 2p.

I expect COTEC will be front runners for the Canadian business. Guess will be on similar terms to US JV.

The funds in Middle East looking to deploy into energy transition plays is mind boggling. Forget Bezos, Musk and Gates. These guys make them look like desperate, day trading, de rampers. And, they are all looking for opportunities like NEO.

During the 2006-2008 Uranium bull run when Paladin Energy went from 1.3cents to $9.46. That is 727 times increase in 2 years. Rick Rule discusses it in this video.

https://www.youtube.com/watch?v=3CK5e6Sc7sM

Is NEO the next Paladin? Hopefully. If it is we will all get very, very wealthy. If we are strong enough to hold.

In this video, 18mins in, Rick Rule explains the current Uranium market, looks ahead and explains why he believes that the Uranium developers and explorers like NEO will benefit most from the upcoming Uranium bull market.

https://www.youtube.com/watch?v=2imX17Li-QY

We are early in the bull market, NEO is very similar to Paladin. They could be the next Paladin. I am in and I am holding because once in a lifetime opportunities only happen once in a lifetime. If I take the chance and it doesn’t work out so be it. If I don’t take the chance and I miss it I will regret it forever.

NEO could end up a similar story to Paladin, Voises Bay etc I'm not missing out on that.

Muhammadali, Managment are well respected in the industry with proven track records. They are not giving false information! What benefit does that give them? They are simply flagging the obvious. The latest aquation caught the market of guard and the company valuation needs to re-rate to reflect the value of that.

Seems people are starting to realize they may have backed the wrong small cap exploration / development plays. Trying anything now to free up cash and get onboard here. De-ramping, cross ramping.................. Embarrassing really. ..........Some people are shameless...........

I suspect they may be trying to wind down their position to buy in here. Think there will be a few doing that over the next few days.

And it is only the beginning Andy

Glad I am here too Led. The unequivocal confirmation from management that there is no need for a fundraise here and the fact there is no real historic resistance levels should allow this to soar.

Rick Rule knows the Uranium market better than anyone else I know. His biggest success was during the 2006-2008 Uranium bull run when Paladin Energy went from 1.3cents to $9.46. That is 727 times increase in 2 years. He discusses it in this video.

https://www.youtube.com/watch?v=3CK5e6Sc7sM

Is NEO the next Paladin? Hopefully. If it is we will all get very, very wealthy.

In this video, 18mins in, Rick explains the current Uranium market, looks ahead and explains why the he believes that the Uranium developers and explorers like NEO will benefit most from the upcoming Uranium bull market.

https://www.youtube.com/watch?v=2imX17Li-QY

We are early in the bull market, NEO is very similar to Paladin. They could be the next Paladin. I am in and I am holding because you only get once in a lifetime opportunities once. If I take the chance and it doesn’t work out so be it. If I don’t take the chance and I miss that chance I will regret it forever.