Member Info for obstando

@z-cars - How can you "promote" them if you haven't got a clue what they are? ....and why are you "promoting" them?

Averaging down is very very poor investing advice and here's why....

https://www.dummies.com/personal-finance/investing/penny-stocks/when-to-average-up-and-down-on-penny-stock/

https://financialpost.com/investing/5-reasons-why-its-better-to-average-up

@Leonidas - good attempt but the clue of what we are drilling for is in our company name

@harp - you don't know your a's from your b's as that makes no sense

No-one has any authority to delay the issue of any RNS - the company are under a legal obligation to announce price sensitive news when it becomes available and would never be asked to stall for the flotation of a company on the third tier exchange (nor even the FTSE).

My understanding is that HV will be investing in Helium projects around the globe and are not nor have any aspirations to be explorers or producers. The benefits of being invested here rather than through another company that is also invested here beats me but maybe by having a broader He portfolio it mitigates risk. The big gains will be made by those bold enough to be invested in HE1 before any discovery is announced.

And trading on Aquis is available through some of the bigger brokers now electronically

I'm sorry if you find that patronising but I think it's important that expectations here are kept realistic and people understand that a company valuation should not be based on a figure plucked out of the air to substantiate a wild SP prediction.

As of today we have no communication from the company that we have a discovery in our first well. I am very optimistic that a discovery will be confirmed shortly but I've been invested in a number shares over the years where investors (and I use that term lightly as most tend to be short-term holders looking for a quick return) have been ordering Porsches and putting offers on mansions only to find that bubble can be burst at 7am.

Unlike many here I am happy to hold through the first drilling campaign as I believe that is when the real returns can be achieved for shareholders but I also understand that many will have different timescales and will be happy to take their money out after the first successful announcement.

We all have different strategies

For the sake of clarity no company's share price is based on the total value of proven reserves divided by number of shares in issue as some here seem to think!

It seems like some posters are desperately craving attention and are getting increasingly irate when no-one takes notice

Keep up the good work

Fred - there is no-one engaging with them

It looks like we can expect to bombarded with some deliberately inaccurate statements masquerading as facts.

Those that have a clue how a start-up business works will see right through some of the BS spouted - rather than sowing any seeds of doubt here it just demonstrates a lack of research and business acumen.

If these so-called investors want to protect their £250 stakes and believe what they post they would sell up now and buy in back at 40p. I wonder why they don't?

The roll-outs continue, more and more store tills are ringing up sales every day and we will all be much clearer on how the figures look later this month.

I believe that we are already in 3500+ outlets, I believe the products are selling, I believe the Zoetic range are selling well in the UK, I believe the smokes are now on sale in the UK, I believe the company are meeting the targets they and their major investors have set and more than anything I believe in our CEO's

Was the source of the sweets a derelict barn on the Welsh borders?

It would be standard practice to issue an RNS once TD is reached with the comments that testing will follow with results announced upon completion. They may choose to mention that He shows were encountered throughout certain sections or not.

Maybe that's why they were happy to give them out as samples

@joshwaa - don't mention potatoes!! In Ireland we get a blight forecast every day with the weather (to be sure to be sure)

...better pop out and check on them :)

As of yesterday the company should have hit approx.3500 outlets and from today's RNS there is nothing to suggest targets have not been met. In fact the comment that the company is receiving "high value repeat orders" and not just repeat orders suggests that sales are going well and to me high value repeat orders suggests that stores would be selling more than the 2 packs per store per day figure that has been regularly used in calculations.

Let's assume that many stores could be selling 10+ packs but to keep it realistic maybe we should work on 5 packs per store per day as an overall average:-

Based on the following assumptions then:-

1) 5 packs sold per store per day
2) $2 per pack profit (conservative)
3) Exchange rate of £/$ 0.70
4) Roll-out programme in accordance with company schedule (2021 - 10k stores, 2022 - 30k stores, 2023 - 60k stores, 2024 - 100k stores)
5) US smoke sales only so EXCLUDING all other sales

Calculation is based on:-

Number of stores x 5 packs per day per store x $2 profit per pack x 365 days x 0.7 conversion rate ÷ 212M shares

The SP calculations below are in Sterling and based on a P/E of 20/40 (could be even higher in this market). If you feel that the P/E is likely to be something else it is very easy to re-calculate

SP at end of 2021: 240p/480p
SP at end of 2022: 480p/960p
SP at end of 2023: 960p/1920p
SP at end of 2024: 2400p/4800p

Please note that this projection is for smokes ONLY

Add in sales of US chews, smokes and chews from other countries and Zoetic products worldwide and these numbers will grow

Wow - you do like to turn posts very personal don't you!

Maybe stick to He related posts rather than claiming to be the saviour/popular hero/victim of the group.

I am probably a bit older and longer in the tooth than you (I've certainly been invested here longer than you) and the new politically correct approach is somewhat alien to me but I do know a bully when I see one!

@Deano - well said.

I remember your name from the board back in January when it was much quieter and the posts were few and far between. There were a lot of good posters sharing great information! How times have changed but good to see the company finally taking huge strides forward.

The RNS doesn't state that the $0.72M re-stocking and continued roll-out sales are up to June 30. That would be unusual for an announcement at Midnight local time on June 30th!

Rather than double-guessing the figure I am happy with the comment that it is "high value repeat sales" and not just repeat sales. A few packs being sold per day would not (in my book) require high value repeat sales!

Maybe under-stated but that seems to be the way the CEOs like to operate - the next few quarterly reports are going to make very interesting reading

@ST - So Persian sold - it was his money and his decision so let's move on. No one here knows his circumstances nor do we know of anyone else's circumstances, motives or agendas here.

You accuse him of pumping yet every day there are hundreds of unrealistic ramping/pumping posts that are happily ticked up.

In this day of supposed awareness and caring for mental wellbeing the gloating and name-calling of someone who claims to have lost a significant amount of money smacks of herd bullying and is not necessary.

Maybe we should all focus on the matters in hand in Tanzania

@ST

If Persian was invested and if he sold as he stated (let's be honest we really don't know who is invested and who isn't) let it go and move on.

It was his money and his decision and none of us know his personal circumstances.

None of us know where the SP is heading today or next week with 100% certainty so he may well have the last laugh and there is no need to turn this into a personal vendetta or gloat.