Member Info for onsolidground

Here's where the comment "“The next step is an upcoming appraisal well...(using a much lower drill cost rig)" comes from.

NB - they are going after the free flowing Gas Cap x 6 larger than first thought - but they are also after the Helium in water in two of the lake Beds formations

https://nextinvestors.com/articles/nhes-probable-free-gas-cap-6x-bigger-than-expected-this-upcoming-drill-will-find-out/

Interesting also LB's follow on comments stating that the Rig is operationally capable and worked for them and will suffice for our next phase.

Does that mean its "Fit for Purpose"

My money is on Noble hiring our hot stacked rig.

No wait. Mates rate.

and the 70km journey to Mbelele could be done in a day, probably even a morning.

Minor correction to LB's comments.

"Its currently what we *refer to as hot stacked* which means the rig is fully stacked up and essentially fully rigged up and ready to return to work when required. We’re taking the opportunity to continue our preventative maintenance on the rig, restocking any spare parts. We also have a small maintenenace crew at site permanently who keep the rig ticking over and like any large machinery needs to be done and interested parties are getting in touch with a request to view the rig …"

Then a further comment off Noble from another source

"“The next step is an upcoming appraisal well...(using a much lower drill cost rig)"

Anybody know of a Rig that might be fit for purpose?

Would be a nice little revenue stream if it was ours and whilst its being hotstacked.

Then listen to what Lorna Blasse just said today when asked about hot-stacking our Rig

"Its currently what we stacked which means the rig is fully stacked up and essentially fully rigged up and ready to return to work when required. We’re taking the opportunity to continue our preventative maintenance on the rig, restocking any spare parts. We also have a small maintenenace crew at site permanently who keep the rig ticking over and like any large machinery needs to be done and interested parties are getting in touch with a request to view the rig …"

At 5.54

https://www.proactiveinvestors.co.uk/companies/news/1042741/helium-one-sets-sights-on-leading-global-helium-production-with-tanzanian-project-1042741.html

Our near neighbour Noble Helium just updated the ASX two days ago that their free flowing 15-20M Helium gas cap just got a whole lot bigger and their looking to do advance further work. From the article.

"The Company is now preparing to sample and flow test the probable free gas cap and underlying

helium saturated water in the Middle and Lower Lake Beds at Mbelele. Modelling, well design and

sourcing of onsite testing facilities are advancing well WITH THE EOI PROCESS FOR FIT-FOR-PURPOSE LOCALLY

BASED LOW-COST DRILLING EQUIPMENT ATTRACTING SIGNIFICANT INTEREST."

https://www.investi.com.au/api/announcements/nhe/15a0bcfe-43a.pdf

Already engaged with several vendors.

On the ball.

That smile is still very much there and its infectious.

"No Dirty gases" in there. Love it.

Flows mentioned thus far also cautiously on the low side.

There's been some nice share collecting going on this morning.

I don't mind loading up either with my "size of the prize" shares also at these levels.

Fair enough 1 pencil and I get what you are saying but these options are out of sync with the share price and it seems you get your options for doing everything but driving UP the share price. That is the perception.

Things need to change and slipping out the RNS 6 weeks later than normally is the case and at an all time low in the share price isn't going to get a round of applause off shareholders.

This one hits its numbers come April or its an interesting AGM.

You can't patent a pancake. Else Mary Berry or Mr Kipling would probably have it already. Lol

100notout I hope the growth does come but whereas MM thinks he's trailblazing with Protein pancakes my good lady has been picking up Protein Pancakes for us @Aldi for the last 3 months or so and it looks like theirs might just shade the MP ones for their protein content per pack. Does anybody have the MP price point?

https://groceries.aldi.co.uk/en-GB/p-dessert-menu-protein-pancakes-160g/4088600554112

1pencil,

If it is I you are conversing with I know they are nil paid options but the point you are missing is what now is John Gallemores average then on his one and only buy in for yonks?

Are you seriously happy at another 30 Million shares and dilution being added at a time when the share price is at a year low?

Welcome to rinse and repeat John2015 and the churning the same shares over and over again.

Yesterdays RNS in effect told us its free flowing to surface without any stimulation. Still a 4.7% pure helium play and clarified previous optionality mentioned. Did it take anything away, No it didn't.

So it would be rude not to take advantage of the dip imvho so I'm adding.

Next news will be the size of the price.

If its if any help

26th Jan or thereabouts each year is when they normally award the reward shares so this year it looks like its been sat on until yesterday and RNS'd on a share price year low. Nice freebie average down for John Gallemores previous buy in.

Year low share price and all that has literally been communicated from the start of the year is the contemptible Iain Mac RNS that has consequently crashed the share price, redundancies @Warrington, redundancies @ THG, new Chairman @ THG Ingenuity and then Vivek leaving. Most of it we have had to find out ourselves and now this latest RNS which will imvho be viewed by many as free-loading.

It would seem right now that the only way we can grow the market cap is by issuing more shares and hoping the share price stays the same.

Next numbers here are critical and all the goings on won't have escaped the analysts.

Kelso must be absolutely dumbstruck at all of this.

Sangijuelas1 thanks for taking the time to listen to Kroegers update and to summarise it on here. I ticked you up but I only appear to be the second to do so. That must mean everybody else would rather believe that charts are behind the rise? That's when virtually every Technical Analysis (TA) textbook starts with an introductory paragraph or prologue stating that you don't use TA on volatile stocks.

The move today started with the Kroeger update which then caused some of the Sma's and

Ema's to be closed. So Ocado is a news driven share first and foremost. Then add your either way manipulation.

Keèp believing what you think works best for you.

Cityfile I'm confident you will be proved wrong on so many fronts and the reason is that the Company is cracking on unabated.

% Detailed analysis and the size of the prize

% Resource upgrade

% Offtake agreement

% Further Licence announcement

% Potential Strategic partner

...

This is the bit below that's the sickener and it is almost as if all we have had news wise since the start of this year has been bad news and virtuaĺly nothing to counter it from THG and then you get these new shares issued on a yearly low share price, and announced on a last knockings RNS.

Correct me if I'm wrong but are these not normally announced about January time Polishcap?

'In addition, the Company shortly intends to make an application for 30,629,135 Shares to be admitted to trading on the London Stock Exchange and to be admitted to the Financial Conduct Authority's Official List. These Shares will be issued to VG Corporate Trustee Limited, acting as trustee of the THG Employee Benefit Trust. Consistent with the Company's strong track record of incentivising employees, and in order to continue to attract and retain world-class talent, these Shares will be used to make awards to certain key employees below Executive level, which will be subject to the achievement of various targets. Subject to the satisfaction of such targets, a third of these Shares are expected to vest on each of 31 December 2024, 2025 and 2026. A separate announcement will follow in due course once such application has been made.'

What an absolute joke and kick in the teeth for all holders.

All reward shares should be linked to the share

price performance.

Did Vivek qualify for any as a Golden goodbye?

Seems to pick up support when it hits 60p or just under. Not majorly but enough to keep it hovvering around this level.