Member Info for obstando

Especial - the translation is "seize the day" - nothing more nothing less

In the presentation given to those included in the recent cash raise the company gave the following figures as an indication of the cumulative growth they are hoping to achieve:-

Next 12 months - c10k stores
2022 - c30k stores
2023 - c60k stores
2024 - c100k stores

Now on top of that there will be roll-out of smokes and chews in EU and other global markets.
There will also be the expansion of the Zoetic range in the UK, EU and US

I doubt certain doom-mongers here will choose to believe those figures as they aren't in an RNS but maybe they would like to do the exercise based on those anyway and report back? (Yes I know the maths is very complicated but fingers and toes are good and as there's two of them there are twice as many).
They probably won't though as it will demonstrate in very large flashing lights why those that are genuinely invested here are very comfortable with the progress being made.

As Jim Bowen would have said "let's see what you would have won"

Especial - carpe diem! Worrying about 0.5p now may cost you a lot in the future.
If you have really done your research then you should understand whether the risk of the first drill fits with your risk profile or not.
If you are happy to pay 20p then ask yourself why you wouldn't pay 20.5p and then ask how you would feel if the price continues to rise until first drill results are announced.
No-one here can advise you what to do

The elephant in the room being missed is that the company won't be rolling out 500 stores per month forever - the calculations need to be based on exponential growth and not static growth.
The suggestion that in 10 years the company will still be adding 500 stores per month and adding x pence to the SP suggests a complete lack of understanding of how company growth works.

Still I guess spending all night working out basic mathematics on fingers and toes keeps them from clogging up the board.

speculative - a couple of points:-

1) Nowhere did I say they would be drilling this weekend
2) My first post to this board was back in January long before the herd arrived (and a good 3 months before you even joined LSE)

bluerill - according to the date registered on the LSE boards I have but I assume we've both been in the game longer than that anyway. I have no intention of turning it into some kind of hissing competition

bluerill - I understand your frustration but post what you want without getting drawn into their conversation. I've just posted demonstrating flaws in calculations but won't be drawn into conversation with them.
I've been around for a long time and seen these type come and go and ignoring them has the highest success rate of seeing them off.
We all have or different ways and I have no intention of falling out with genuine investors

cappella - agreed but by engaging useful posts are drowned out.
Take for example a post that would demonstrate projected monthly income that is based on realistic roll-out numbers rather than a static 500 stores per month (which we know is the initial roll-out figure and not the escalated number) - lost in a sea of puerile dross.
There was a post a while ago that highlighted the company escalation plans to reach approx.100,000 outlets within the next 3-4 years rather than the 16 years that some muppets are calculating growth on.

sorry - wrong board!

What part of don't feed the trolls don't you get?
You've been drawn into conversation that has deteriorated into drivel and is hiding anything useful and drowning out genuine posts.
This is exactly what they want so it's your choice - continue engaging and have a pre-school quality board or ignore them and get back to a semblance of decent information sharing

...a beer on success would be lovely but I'm not in the country.
The Jack & Jill (if still there) was always a nice detour for a pint before cycling up Ditchling

Well to me reference to the contractor means drilling contractor which would be the norm on any drilling project. As Mitchell have agreed to take shares for the additional drills that was a reasonable assumption but either way my comments stand.

...you and me both! ....although in terms of football rivalries it's not really up there!

seagull - I am fully aware of the agreements and who was paid in shares. Again if you read what I wrote it was in response to speculative who made those claims

....and that's from an Eagle!

It looks like a couple of people took the bait! So much for being green

sussex - if you are referring to my post it was clearly addressed to speculative so nothing to do with you
My response tom you was answering your question on the drilling pad

sussex - the drilling pad will not be concreted

speculative - first you suggest that the drilling contractor will sell their shares causing a price stall and then state that the drilling contractor is nowhere near ready. Do you have a certain agenda here?
Two days ago you made an entrance claiming you were a novice investor and now you are an expert on drilling pads!
Comedy gold

rpoodle - you need to listen and read more closely. The process of liquifying the Helium (which is the only way to transport it) transforms the Helium to 99.999%. There is no option for providing what you call "crude gas" and they are not offering different grades of Helium to the customer. Please stop speculating and try doing a bit more research. There was an interview this week (linked in posts here) that you can actually hear the full explanation.

Noob - I tend to believe DM and yes he may be conservative bt as he made clear there is no "market price" for Helium it is very much negotiated on a deal by deal basis. It may be that DME threw a number out to help inflate their own mcap.
Anyway as DM says there is no need to worry about that until we have the discovery, flow results. mining licence and processing plant under way.
I'm sure today's price for Helium will be different to that in 23/24

rpoodle - "HE1 are planning to offer crude helium, valued at perhaps $300 per m cu ft. It will be refined up to around 80-90% helium purity"

I'm not sure where you get your information from but DM made it perfectly clear that the Helium produced will be liquified before trucking and that process ensures a purity of 99.99%

There is no such thing as "polishing" Helium

I would strongly suggest you listen to DM's various interviews and hear it from the horse's mouth rather than make stuff up