Member Info for Odysseus07

Lol. No meant buying some now at 0.44p

Lol why am an idiot? Everyone is perfect with hindsight. I have bought rocket lab and have a ten bagger. So you win some, you lose some. And I haven’t lost here yet.

I’m just considering whether or not to average down at 44p and if it’s successful the selling some at a profit if it goes back to 2p.

I have been invested since April 2021. I should have sold at 28p... hindsight! I now average 5p.

Lets all be honest, it has been a long drawn out affair. Galactica is not the main prize. and Rukwa and the recent "de-risk" of helijum in water at around 5.5% is not yet proven to be commercially viable or good news - look at the share price. Now, the EWT results are due start of Feb.... and maybe the free gas will show higher %, but will it? And can it be accessed? How viable is it to extra 5.5% of He dissolved in water??

My question is this. i am tempted to add further funds to lower my average further and gamble, on the results in the next 4 weeks or so. but He One always delays, kicks can down the road... 5 years and counting....

Thoughst?

I know it’s high risk but why? As it is de risked and confirmed 5.5%. So now isn’t it just a bet on the electronic pump working? And so making it commercially viable ? And if so 3-5p?

Hi all. I am £18k down on a £20k investment. Average of about 4p.

To me. The next make or break is this esp operation by q4 2025 or q1 2026. The flow is too low to be commercial unless this pump works. And if it all comes off then 3-5p.

I am tempted to put in another £5k to bring down my average to about 2p. But just not sure. What a gamble. And pat experience of hiccups.

Thoughts from fellow holders and lths ?

At one time I was £10,000 down on this. With a £13000 investment. When Bosch left and it collapsed to 45p I was feeling low. Average of about £7-8. I decided to average down and bought substantially between 45 and 60p. Now my average is £2.40.

Am so happy and relieved. Good luck to all.

Hi Latorre... very sorry for your loss. I don't post much on here either, but been around since buying in around 10p when tipped in the Ian Cowie Times column. Went up very quickly to 28p and i was making an excellent amount of money. Then the last 3-4 years. Luckily my other investments have done well. And i have averaged down to around 5p. I'm just looking to get out even or with a less painful loss.

I see a bumpy ride ahead... i still just don't think that Tanzania was as good as people were hoping. Remember the 11% claim of free gas? I think at best it's borderline commercial - the full viability report has not been released and they said they would after ML given.... and Colorado is not in the same league.

But my main point of posting is to say it is nice to see LTHs back posting here - and again so sorry last year was awful. I remember ITV also had a difficult year a few days ago.

Any insights you guys have on any of the above would be welcome. And good luck to us all!

Ody

Absolutely spot on. The senior management and proactivity and driving forward is so so so poor.

A "soft launch" what a joke.

Yeah, you can average down... no??

Good grief.

He1 have not responded formally to the ML. Yet.

No respons eto the 10% free gas before the mine or 8% just he is normally seen as commercially viable. If so, why hasnt the SP moved AT ALL??

Ive been invested here since 2021. average of 5p. So with all the dilution, not great.

Isnt this the truth of the situation? The Tai-2 drill was not as successful as first hoped (when test results before mining were apparently showing 10/11% free helium). The result from EWT is about 5.5% consistent flow gas. I read somewhere that 8% is really the commercial viability sweet pot. If just helium. Other helium mines are just an add on to h2 / hydrocarbon drill and so are viable at much lower he2 concentrations.

So, thats the situation, lower than expected but still "ok" but not amazing and so it's borderline. And thats why the sp has not rocketed. And why does it take weeks, almost months, for He one to reply to the ML - because they know its borderline commercial viability and borderline success.

If im wrong, tell me why.

Will it be q1 2025? Q2? People were saying by end of Q4 2024 when it was submitted in Sept 2024.

Does anybody have any ideas/how long this usually takes? i know it's Tanzania...

1. Anybody heard / know if Mid-jan will be okay for the construction in colorado? is the weather lookng okay?

1. it has been nearly 4 months. Anybody any clue when we will hear back about the mining licence submission in Rutka?

Thanks,

Ody

Yeah, how is that looking now?? at 18 euros?? hope nobody took your advice as they deffo wouldnt be walking away with something shiny in the drive lol

Hi all,

I posted this earlier but didnt show. Odd.

Anyhow, i am a long-term holder. Average of 11p. Isnt the truth that the market thinks this isnt a commercially viable find. Relatively low He% free gas compared with the 10% being mentioned a couple of years ago.

And isnt that why no news on mining licence after more than 3 months?

It's looking very luke warm if not cold. Doubt will see double figure SP again :(

Thoughts from other LTHs/investors?

Then why has the sp collapsed? And i am a very LTH.... Vo jut looking to get out even or "just" £5k down,...

Erm,.... this link is weasley words.... its from liberium, the HE investment bank!!! Vested interest, not independent and full of "we feel".

It is clear, as I say, that currently the market does not see it as commercial... if it did, the sp wouldnt be going lower. It would be higher than the 3p it got to before the EWT.

Just basic facts

Ignore all the BS about "MMs" and secret cabals...

Isnt it obvious that at best the market is unsure what the RNS means - ie is it commercially viable or not? At worst it isnt.

But... why dont He1 just clarify? The fact they don't says to me the result was not positive or at last not as positive as they wanted.

If the above is wrong, then tell me why

Hi all, just wondering if share price of 30p, given all the dilution, is possible if successful EWT this week and commercialisation partner in future? I am a LTH at 10p.... was tempted to buy £5000 at 0.2 and gamble but had lost enough on this.... wish i had now as that would have gotten me £50k+ lol. But hey ho

What is a realistic share price if successful RNS this week?

This has been a disappointing perfoemance by the company board and results for the last 2 years. Any news on the update of these?

1. Acne study - results meant to be ready by end of March.. nearly 3 months later and nothing....

2. Croda deal (sigh)... after the positive video and update, this is meant to be commercialised by early summer... will this happen?

Sigh sigh sigh

Hmmmm, so the acquisition hasnt gone down well. opti selling at very low SP.... share price down a furthe 10%.

This ahs been a bad buy for me... and why would Cathy leave now?

This company is awful. Arent we meant to hear about Croda end of Q1? Thats next week....

TOYIN - any crumbs of comfort? I think SA is a bad CEO and this company is failing