Member Info for miker444

Stocky we are aware of that, my post was factual not running HE1 down at all and I didn't post on their board either so not a de-ramp. I take it you are invested in HE1 and want us to move from here to HE1?

Good RNS on the 7.5% Helium but another RNS for a Placing of over half a billion shares issued so I think one will cancel out the other until the Placing shares are churned.

That's why we are in such a good place with £5m cash war chest to get us at least through the drill.

Ct8637 cracking post mate, it's now just a case of sitting on hands and holding for a few mths.

Junga totally agree mate, the figures are actually very conservative on valuation as Oak Securities used Helium @$337.50 per mcf when the market is averaging $500+.

If we add MT Winter the combined total is 303 bcf of Helium (Net Recoverable) with a valuation of $100bn.

Helium prices are on the up with NASA striking a deal and being prepared to pay $900 fixed contract, and that was in 2018! The last container of Helium shipped to Australia was priced at $1,200 per mcf.

So let the short term fluctuations go ahead with the traders because it will be short lived.

I am extremely impressed with the rate at which Anthony Hamilton is pushing out news releases to keep genuine shareholders informed. It may well be in part due to the fact that he and CFO Mark Wallace have put in £2.5m of their own money but I will take that!

A mere whiff of helium in the Dec drill and we will be at the foot of an upward curve, a very steep one.

atb mate.

Ihavenoclue, nothing wrong with HE1 but to answer your question, for me, GEX only have 60m shares in the free float. HE1 have 5.32bn, almost 100 x. So for me the % rise, if a successful drill, will send this stupid because of the tiny float and I do not want to take the risk of a short term gain and find myself locked out and unable to get back in.

Yes the drill is 4 mths away but we have a raft of news before then, each news update will see an uplift in sp. As I say nothing wrong with HE1 but the gains here will be unparalleled imo and even at this stage the BOD have talked about Dividends at every podcast.

atb.

Apart from the seller in the background I am of the opinion there is an orchestrated group of about 20 with funds available of between £1k - £5k and are buying in tandem to push the sp up circa 10% then orchestrate the same to sell to rinse and repeat for a 5 - 10% group trade.

This will be clear if those size sells suddenly all appear within an hour or two of each other to drop this current rise.

Could be wrong but seen it so many times with the 'boiler room gangs'.

That said it really does not matter to me on this share as the mere whiff of recoverable helium upon drilling would be transformational for the Company and genuine shareholders.

atb.

Yes, let the day traders have their moment, for those who hold these daily fluctuations are immaterial, there will be a raft of news before Xmas drill and huge gains for those that stay the course and some nice Dividends also.

Just to add the Presentation will be available soon for those that want to view it. Surprised people did not want to register to be able to view it, a simple procedure of clicking a box with your e-mail address.

As for the effect on the sp I am bewildered people trying to talk it down in an attempt to get in a fraction cheaper, without certainty, when by holding for 3 mths or so could see them make huge profits rather a couple of hundred quid.

Each to their own.

Before any talk of the presentation Anthony Hamilton spoke for several minutes that he was aware of the allegations and dismissed them as nonsense. He went to a lot of trouble to re-assure shareholders that he is extremely confident in all aspects of works moving forward and that all due diligence has been undertaken whether it be the prospectus issued, the legal and certification side of things, the RNS's which have to be run past the Nomads etc.

He basically stated it was unfounded drivel and will respond to it but did not want to let it detract him from concentrating on matters at hand in getting the drill ready for December, he stated everything on track.

It was a brilliant presentation both from him and Mark Wallace CFO.

..As each news update is released, we are due at least major update per month, I suspect more.

10 days away and was referencing the permit.

The Dividend in double figures pence wise.

Imagine if we get to an sp of several £'s which l imagine will be in double pence figures, you can have your cake and eat it. Brilliant presentation.

Superb presentation from Anthony Hamilton & Mark Wallace, extremely informative and very confident, things moving very fast.

No.

Can't believe they have censored f*a*g in the heading :¬)

i have posted before what georgina's 'cut' will be of everything produced, i am not talking about well-head prices just what we could command for selling at well-head and not doing anything of the 'heavy lifting' as anthony hamilton put it. no refining costs, no storage costs, no transportation costs etc etc.

i have looked at the broker note of oaks securities and there is a clue there with their valuations at $337.50. and the sp they have given. the easiest one ( purely for calcs ) is the highlighted box where they state $1,000 where the valuation exceeds $29bn, lets say $30bn.

so @ $337.50 the value of hussar is $55bn, mt winter a tad less approx $50bn, so lets say $100bn for both ($337.50).

if you use the highlighted box on the broker note of $1,000 that is x 3 of $337.50 and would be 3 x $100bn making a total $300bn or thereabouts. the valuation given on the broker note is valuation >$29bn / £321.86p sp.

$300bn down to $30bn is 1/10th. that's at $1,000 which we will not get but i have used for working out purposes so at the market price of $337.50 sp would be $100bn / sp £107.00 using same reckoning.

therefore we are looking at circa 10% of everything that is produced, refined, stored, and gone to market for doing absolutely nothing.

if we find it we just say 'there it is' to the mining / production company and 'over to you'. our job then is to sit back and take our cut.

that's the beauty of our total input stopping at the well-head. as i said a bit of *** packet calcs for fun but in my defence i have taken from the broker note so i might not be a million miles out.

atb.

Accepted some on here will know but the % figures given to CoS are not the usual mathematical probability that we are taught in schools i.e 20% being 1/5th but are worked out as the combination of 4 (usually) logistics. I am going from memory but they include rock strata, gas / oil migration, porosity, etc and are multiplied together as %'s which is why the figures can appear quite low.

An example would be if all 4 of the criteria come in at a very high 90% then the CoS equates to just 65%: due to 90% x 90% = 81%, the 81% x 90% = 72.9% and finally 72.9% x 90% = 65.6%.

70% across all 4 criteria has a final CoS of just 24%

GEX CoS of 15.6% would actually need an average of 63% across the board.

Of course not all individual criteria would be 63%, some could be 95% and others 55% or 685 but nonetheless they would still need to be high enough to come in at 63% final average to give 15.6% CoS..

A very basic example but hopefully understandable and why I certainly do not get phased by, on the face of it, apparent low C0S figures.

atb.

It means not only is there is nothing to answer to but also they are not going to allow themselves to be brought down to the same level.

Have your fun & games, you and your cohorts will soon be gone and moved on to your next target share.

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