Member Info for onsolidground

Oxford Bull they just switch and conduct their business in other jurisdictions, like for instance the UK where there is virtually no enforcement.

Armed robbery on a bank with a gun, 5 to 10 years if your lucky first time around.

Brinks Matt - £26 Million virtually all hunted down, arrested and imprisoned.

Pop an algo on a share, feed a pony story to the media or "inside story", flash crash or raise the share price and everyone walks off into the sunset scot free. Make a political donation for good measure.

It all boils down to the regulatory regime you have and whether you are serious about policing it or not. But from the other side you can always exit it if it is not to your liking and if the grass is greener elsewhere.

Wouldn't be selling a bean on what is going to be a world class Helium concentration and reservoirs @ Itumbula.

dyor and act accordingly

Quosimodosdream, there is a lot more to Gold Hydrogen than that report initially focuses on.

Gold Hydrogen also, along with their hydrogen find, also encountered "World Class" helium on their 2 wells.

Note the concentration levels. We hit up to 4.7%

"Gold Hydrogens World Class Helium discovery

""Meanwhile, confirmation this week that the helium results from Gold Hydrogen’s Ramsay 2 are world class has won more coverage from the ABC.

Gold Hydrogen reported helium at 6.8% at Ramsay 2. It hit 3.6% at Ramsay 1. With helium rare, expensive and harvested at just 1% purity, this is a remarkable find."

Many have a pretty good idea what words are coming imminently here and are sat still. Some still sat on the fence are perfectly welcome to fight the auctions or negotiated trades when the detailed analysis drops.

https://www.goldhydrogen.com.au/updates/gold-hydrogen-features-on-bbc/

Would it be a dream though?

Show the colour of your money with the Bid vlaue and that you are funded and serious and would you not then expect quite a few of the Institutionl Investor LTH's to reflect and to decide accordingly.

MM's has had 2 years to deliver on what was meant to be a bid which "seriously undervalued" THG at 170p, and here we are 2 years later just hovering over 63p.

Worth also just pointing out that No Institutional Investors are rushing in to buy THG shares and to support the share price even at the present levels.

Needs a hostile bid with a fully disclosed price and Kelso are there to ensure a Vote takes place.

Time it nicely on the run up to Junes AGM and we can have bumper resolutions.

Gold Hydrogen with two wells at measured helium concentrations of 3.6% and 6.8% are deemed to be "world class"

Helium 1 by comparison Up to 4.7%

We also know that Nobles 2.48% Helium (off only 2 shallow wells on the Lake Beds geology) is "Significant at a world level"

So why on earth would you depart with any of your shares?

Multiple licences, multiple plays and another 9 secretly under negotiation

Sit back and wait for the independent results and if we get the same concentration or better and nice big reservoir or two with good porosity and permeability then we should imvho see further substantial rises.

Its highly relevant and a relatively simple business model.

~You find the ground and bubbling lake seeps.

~You test them all until you get the highest helium concentrations - 10.4% and 10.6% for example.

~Then you study the 2D seismic and the Getech data. Locate the nearby fractures and potential reservoirs and gas caps.

~Then you find your "goldilocks" sweet spot to drill and you release the Helium and the Hydrogen which is already looking for the easiest route to surface.

~Then you adopt the string of pearls concept and find and work the gases to surface on each of your next "plays" one after the other.

~ Offtake the gases, Farm in on the licences and Joint venture where you can.

~ Just awaiting the words "World Class" and "Commercial" to be confirmed for the licence areas we have with Identified plays to instantly increase in value and for our own Klondyke esk gold / helium land rush.

Seems to be a bit more lively this morning !!

Buyers or sellers, or a bit of both? That is the question.

Theres a very good reason why on Thursday and Friday last week over 742,000,000 shares were transacted, that's both Sells and Buys and a large majority being between 2.4p and 2.6p

473,090,000 traded on Thursday and 269,590,000 traded on Friday and a substantial amount of those were transacted at a higher level between 2.4p and 2.6p.

We are sat on prime asset and up to 4.7% looks to be World Class.

2.2% Hydrogen on top. Would be nice to know our purity levels also on that.

Exactly right copperpot on the 3 wells very quickly and they don't have delays waiting for rigs as they create their own slots.

They already know the geology and Nobles excellent results on the same geology will help them refine the exact location of their plays.

Opex or operational costs I believe I read runs at £1M for 3 months so there is plenty of cash.

Owning your own rig also helps presently and as you rightly point out as you only need to hire in a drill crew when you need it. And you can also let it out.

Our first customer I suspect will be Noble Helium so they can drill deeper into what is essentially the same Geeology at their Mbelele 1 + Mbelele 2 wells.

It looks like you have to wait for someone else to call it as "World Class"

Noble have said their 2.48 Helium Concentration is significant on a world scale.

Lorna Blaisse at this time seems to be concentrating on the terms world class Helium system @ Rukwa.

But its clear Gold Hydrogen with two wells at measured helium concentrations of 3.6% and 6.8% are deemed to be "world class"

Helium 1 - Up to 4.7% concentration levels.

So it can't be long until someone deems our Itumbula find to be "world class"?

And with it will come the words "commercial"

A nice gas cap on top like Noble have would be the icing on the cake.

Should hopefully get a nice little top up this a.m. as the words "world class" and "commercial" look like they are coming for our Itumbula well results.

Actually as of last night there has been a change to the information that had this at 2.5p and 2.6p.

Gold Hydrogens World Class Helium discovery

""Meanwhile, confirmation this week that the helium results from Gold Hydrogen’s Ramsay 2 are world class has won more coverage from the ABC.

Gold Hydrogen reported helium at 6.8% at Ramsay 2. It hit 3.6% at Ramsay 1. With helium rare, expensive and harvested at just 1% purity, this is a remarkable find."

Helium 1 by comparison - Up to 4.7%.

So right up there with them

So I think we have a pretty good idea what words are coming imminently here.

Sit back and wait for the independent results and if we get the same concentration and better and nice big reservoir or two with good porosity and permeability then we should see our own heliumrush of interest from JV parties and offtakers and farm in to our licences and also hire requests for our 100% owned drilling rig.

https://www.goldhydrogen.com.au/updates/gold-hydrogen-features-on-bbc/

Looks like everybody saw the Hydrogen name and find in the link for Gold Hydrogen that you provided and then switched off when they have also reported what has been declared "World class" helium numbers also - in the same ball park as our very own.

Excellent find Cyrox and thanks for posting.

"Meanwhile, confirmation this week that the helium results from Gold Hydrogen’s Ramsay 2 are world class has won more coverage from the ABC.

Gold Hydrogen reported helium at 6.8% at Ramsay 2. It hit 3.6% at Ramsay 1. With helium rare, expensive and harvested at just 1% purity, this is a remarkable find."

Helium 1 - Up to 4.7%.

So I think we have a pretty good idea what words are coming imminently here.

Sit back and wait for the independent results and our own goldrush / heliumrush

https://www.goldhydrogen.com.au/updates/gold-hydrogen-features-on-bbc/

Some have escaped !!

To answer your question.

Many traders looking for re-entry ahead of what looks lie a big potential payday coming and also several other sad individuals.

To be fair it's quietened down a lot from earlier.

Forget the noise and Dyor is the key.

Forget RNS tomorrow posts. They come when they are good and ready and the analysis one I expect to add significantly value.

The bit that fascinates me most right now is that on Thursday and Friday last week over 742,000,000 shares were transacted, that's both Sells and Buys.

473,090,000 traded on Thursday and 269,590,000 traded on Friday and a substantial amount of those were transacted at a higher level between 2.4p and 2.6p, yet still not one holdings RNS.

Incredible really.

Get yourself some Saganaki for starters and a fully laden Souvlaki pitta with tzatziki or a Mezze for main. Wash it down with a nice Amstel or three in a chilled glass and finish it off with any one of the many varieties of Baklava.

Stick to posting on facts and don't be afraid to ask a searching question or two back.

Enjoy !!