Member Info for Montmuzard

"The fact that they want to release complete and comprehensive data, suggest to me that a third party may want that information before releasing half baked results to market?"

Yeah, let's have a SpaceX offtake agreement with $25m up front to pay for the build out!

It’s worth rewatching the interview with Howard from April:

https://www.youtube.com/watch?v=o8c3zLkoMv8

He seems both serious and quietly confident to me. He causally drops in the conversation that they are expecting to be able to flow the Leadville between 1000 and 3000 Mcf/d. If they have achieved that, it’s enormous and plainly commercial. You’re talking around $10m per well per year at $500 helium. Could be even more with prices rising.

It’s all carefully lawyered language that basically says the testing is ongoing. That very fact should calm nerves: it means the company believes that the flows could be commercial, otherwise they would have shut it down by now. They just need clear and robust data to be able to update the market about it properly and set out the pathway towards production. If the results are truly exceptional, they couldn’t have hinted at it in a tweet anyway.

Almost three weeks since the lower leadville was perforated. We must be entering the news period now.

We have just ticked up - 0.0325 to buy now. Could be a spicy afternoon in anticipation of news...

They're telling us what the new target is as the flow rates increase: it was 100% a couple of days ago, but now we've got a 200% rise coming.

My first target is 0.09 - if the flow rates are as high as we all hope, then I reckon we gap up at open and keep pushing from there. This is a unique inflection point at a moment of crisis in global supply, and the value will be obvious. Institutions will be queuing up to get in once the MCap goes over £50m too.

How can news be priced in? The company is worth £16m with £5m cash. If the drill confirms helium concentrations (very likely) and high flow rates, we become a £60m company with a pathway to development instantly. That's 300% upside for starters, maybe more.

This is one case where the SP won't be dropping even if there is lots of selling into the news. If the flow rates are commercial on almost 3% helium in a stable jurisdiction QHE will fundamentally become a £60m+ company instantly. If they're very high - thousands of Mcf/d - then it could be worth even more. Once the traders are out with their 20% it will keep going up and up IMO.

33 paid - let's go!

Yep, let's get to 0.04, massive news drops, nice gap to open at 0.05, a really powerful 100-150% day from there takes us to 0.12ish or £60m Mcap, which is what the company will be worth at the flow rates we're all expecting.

There must also be lots happening strategically in the background here too. Not just the EWT itself, but discussions about financing etc.

A £60m MCap is .012p share price: 400% from here and not a remotely unreasonable short term target in the event of strong flows.

If it’s really good news - not just commercial, but high flow rates - I reckon we gap up and open at 50 and do 150% from there. It’s a fundamental shift and inflection point for the market cap.

If lower Leadville is commercial, we’re a £50m company straight away. If the flow rates are as high as some suspect they might be (1000 mcf/d) then all bets are off: £75m+ with institutions buying in and timelines to pay back capex slashed (in a world of tight supply and rising prices). Gonna be exciting day when that news arrives.

I can't believe this conversation is still going on. It's bonkers. Nobody is saying QHE will be worth 3p (that would be an MCap of £1.5bn, more than the resource.

We would need tens of millions of pounds in any scenario to move from a £15m MCap to a £75m MCap. But, the point is that, on any reasonable metric, a commercial helium find (which the company seem pretty confident they have) puts us at something like £40-60m prior to development. However you slice it, that is a 100% to 200% rise. Could be more if results are exceptional. Which is why the "cornerstone" institutions were positioning themselves and the board have bought more stock too.

Oh, and the point below that "the share price would only be 0.22p" if QHE followed HE1, just shows how fallacious this all is. There is no "only" 0.22p. If the QHE share price reached 0.22p it would be a seven-bagger from these levels. So it's massive. But literally nobody is claiming that is where the share price will be after these drills.

Anyway, all I can think is that this guy is paid by the MMs to scare people off before the news drops.

Very surprised how well this is holding up: makes me wonder if something news-worthy is going on in the background. Or placing shares straight into sticky hands.

The company really should get an interview out

That oil is worth $1.5m now

It’s a 150% spread!

It’s not just a disgrace. It’s illegal. It’s market manipulation. The company should complain to the FCA.