Member Info for norfolkslim

"Hong Kong banks tighten rules in mainland China as Beijing pores over capital outflows.

Some banks are exercising more caution with offshore accounts for their mainland China clients amid tighter investment controls from Beijing"

https://www.scmp.com/economy/china-economy/article/3355763/hong-kong-banks-tighten-rules-mainland-china-beijing-pores-over-capital-outflows

Redmoor - please learn the difference between helium in gaseous vs liquid form. It's pretty basic stuff.

Lordloadsoflolly - I'm not saying ooh woo wasn't that amazing, but just that perhaps my expectations were far more modest than others. It's an AGM, not an investors event, although I absolutely accept that ANY interaction with shareholders should be treated as a chance to improve the "shop window". But we don't know what's going on behind the scenes. My decision to invest or stay invested is determined by whether I believe in the management team, the geologic potential and financial opportunity to make multiples of SP from here in the short to medium term. The slickness or otherwise of an AGM doesn't move the deal in the slightest for me when making such assessments. As I've said, I remain fully invested, and nothing has changed for me since this morning, except that I believe that we're another day closer to takeover or a 3-figure SP. GLA

Brent - what did you expect/want? Price sensitive information? It's an AGM, not an IPO prospectus. As Bo said, they will RNS when there is something to say (and can be said), not just RNS for the sake of it. I'm happy with the grown up and measured approach to everything the Board has done since IPO, and remain as fundamentally happy to be invested as ever.

All as expected, straightforward and professional. All motions passed overwhelmingly, and board sounded calm and confident. Nothing new announced, and answered a handful of questions.

What did you expect to see in an online waiting room? Sydney Opera House, perhaps? The Hanging Gardens of Babylon? Herds of wildebeasts swinging majestically...

Great news. Sounds like they’re very much managing expectations on the prospect of the Retrieval being successful. Personally I hope it is, and they do ultimately manage to complete all of the original pre-drill Inez objectives. Flow testing in the main Souris interval also important for southern dome planning. Onwards and upwards! 💪

Brilliant RNS, validation of proper rate of production, and 3-month trial at materially higher prices than the business plan. Doesn't commit the company to any longer term offtake yet, maintain the agility for further and future negotiations on both offtake and (potentially, per Charles Archer's view) takeover later this year. I expect next focus will be on Inez, Hydrogen coring, and then proving up the flow rate on that for Helium once the full zone size has been perforated as with the other now-producing (and selling!) wells. Sell on news entirely expected. As I've said before, this is my conviction hold stock. I've been here since IPO and only added along the way. I'm not planning on selling any until takeover or a topslice north of £1. Happy to hold for another 3 years if that unlocks full value in my shareholding.... or even longer! GLA.

Certainly looks like a leak? Being offered over 40p to sell! [Spoiler: I won't be selling a bean!]

Looks like the email I sent the the NOMAD this morning did the trick then! Lolz :)

Just filter him, like I and anyone else with sense did yonks and yonks ago. Your views are perfectly justified, and are as welcome as anyone else's.

Good point JC01 - HEX's end of financial year was 30 September 2025, and accordingly should have held its AGM within no more than six months of that date, i.e. by 31 March 2026, per s.336(1) Companies Act 2006 - strange.....

Nice one Brent, great contribution as always. Sorry for not posting link to the tweet first thing this morning, as I was halfway out the door on the way to work, and I figured anyone interested in the Company's tweets can easily enough open an X account and follow the Company's account like the rest of us! :) The slight retrace to c. 40p from the heady heights of 47p+ is only to be expected... I remind myself of the chunk I bought in low 20ps after a larger retrace, which averaged me up significantly. I'm not going to be buying any more, as already a far larger % of my portfolio than any other single stocks, but neither will I be selling any - this is my sole 'conviction buy and hold' for potentially life changing gains. The rest of my ISA is far more steady ETFs and large cap divi payers. GLA.

Offtake discussions ongoing…

Drop overdone IMHO - it's still a massive behemoth and cash cow. I've added some this morning, and expect it might end up closing nearer to 3% down. If not, it's a long term hold and dividend payer, so I won't be selling any time soon!

Sorry, wrong board! Please ignore.

Drop overdone IMHO - it's still a massive behemoth and cash cow. I've added some this morning, and expect it might end up closing nearer to 3% down. If not, it's a long term hold and dividend payer, so I won't be selling any time soon!

Spot on - I’m not selling a bean whilst the SP is in double digits. Conviction hold, which has only improved as a buyout prospect - as I note Charles Archer predicts in his recent small caps round up. He was right about AET (I sold out there too soon in hindsight, but still made multi bag and have invested well elsewhere with the proceeds).

...sorry, I hadn't seen the rest of the whole tender/tenter discussion earlier in the chat! Ignore me! :P

*tenterhooks!