Member Info for miker444

Yes it was, it reached of last year a few weeks of listing, round about Sept of last year, i bought in on the 1st day of RTO at 14p listed at 12.5p, I saw it rise to 25.5 intra day and then drop like a stone when Winnifroth made his vitriolic comments on his website causing panic selling. FACT.

IfIknow, I actually think $70m was quoted per kg, rare as hens teeth and then some, a good commercial 'grade' is just 900 ppt, 900 parts per trillion! Excess of 1100 ppt have been found in the same basin as MT Winter.

Hardo, are you actually invested, genuine question.

Its in Australia mate, so they are going in to 'May' and starting their Summer. Also the rains of 'their' winter, not ours were a once in 80 year occurence. Please don't worry yourself.

atb.

It's all about % of concentration, a flow rate of 40m cu ft per day at 9% yields more helium than 100m cu ft per day at 3%, you would really have to ramp it up if you only got 1% - 2% helium concentration. That said the price per cu ft is so high that there are mining companies who reach commerciality at just 0.2%. Probably don't make a fortune but they make a profit even on that.

atb mate.

Hardo, just read some rns's and watch the last 3 or 4 podcasts, you will hear all you need to know.

This has been discussed by A H and even included in an rns, upon well inspection if the casing is compromised they have at least 2 other sites for a new drill, so to state that he does not appear to be concerned, he intends to hit the helium with a re-entry or new drill if needed.

You say that but you are obviously attracted to Gex by coming on to this board. Don't blame you for hiding it / reverse psychology. Smart.

I actually hold 2m shares as a normal shareholder so 4m shares being added is a tiny amount and will not affect anything, anyone who thinks 4m is a lot is away with the fairies or has an agenda, surely not.

John Heugh, was indeed the Co-Founder of Central Petroleum and is now on the BOD of Gex and as I stated yesterday it was John Heugh who approached Anthony Hamilton & Mark Wallace with drilling for Helium, his brainchild. Not been verified yet where the £1m has come from but that would be huge if it was, not sure C P would be classed as an Institutional Investor.

It's been sold into ever since Pizza Man's vitriolic bile, Zak Mir commented on this issue and actually said he didn't have a clue why that was being done. As you say it will not matter one jot if we hit the helium. Looked at HE1 last rns and they stated they had encountered 'good' helium concentrations, it was actually 3.3% and that % is considered good, a lot of miners in the USA get between 1% - 2%, this is still commercial due to prices of helium coming in anywhere from $400 - $1200, NASA paid $900 for guaranteed supply and future supply. Nat Gas by comparison $3 in the USA and $5 in Europe for the same cu ft volume.

If we have the same concentrations that have been encountered from the same basin in Australia of where we are drilling we could see concentrations as high as 9% - 11%, that is at the upper limit of anything that has ever been produced anywhere in the world. So 200% greater than HE1 3.3% 'good' levels.

I actually am of a mind to agree with past conversations that the Aussie Govt may deem, if the volumes are in 100's of billions, it to be of National Importance, just a question of would the Govt allow a free market price or negotiate a fixed price such as NASA.

Let the shorters / traders / have their day, hopefully we will have ours post drill.

atb.

I think the Institutional Investor might have wanted a little bit of detail from A H before committing to £1.2m funds interest free?

John Heugh is the founding director of Central Petroleum, Australia's largest oiler by acreage. He has a wealth of experience and it was his brain child to go after Helium and he approached A H & M W not the other way round. Has he involved Central Petroleum, only time will tell but they are to expand operations that involve Helium, it's in their latest prospectus. They may go it alone but why do that if a world class volume of helium is found on your doorstep with a member of the board who founded your company. Put it this way, if he called them they would pick up the phone.

atb.

That would be great but we had a similar reddit post a few weeks ago and was complete and utter baloney, so best take with a pinch of salt until substance.

All buys since 10 15 far outweighing the sells now, should finish up by cop.

Buys £134k and Sells £77k so a bit of a disconnect to actual trading. Doesn't matter, soon...

3% of 127m is 3.81m shares, so yes by a whisker 4m just tips them in to a TR1, will be interesting to see who it is.

The drill will go ahead, that hasn't changed, everyone getting in a twist over £200k with an asset potential of £100bn+, if we hit the sweet spot below the subsalt / heavitree zone then nothing will hold this back. That's the key, yes it needs to be there nothing is certain, but if it is, then those invested will be well rewarded and then some, with dividends.

We raised £1m in August, post interim accounts, and now have another £1.2m with £1m interest free so for all the naysayers £2.2m will actually go a long way.

1st of many i imagine, gives confidence in the company.