Member Info for OrangeMoon

Still holding. Flying past the noise. Aware of the risks, outweighed by ALL that Hydrogen.

Bottom is in. (2nd call for clarity).

Sell at your peril ☺️... This will rise steady until the end of the year. 9p by December. 👍👍 Steady away. Steady away.

CaptainJack1 - We're expecting to have the fix in-place 7 to 10 days from the completion of rig up.

That would bring our fix to around Friday 18th October to Monday 21st October - This coming week.

I would Imagine that we get an RNS mid week if the fix is a no-go, therefore no news is good news leading up to next weekend IMO.

Our Clink#1's fate is now in the hands of the Precision Drilling team and the 704 rig.

The next RNS should provide the result of installing the intermediate 7" casing (to be rotated through the shale section at ~2100ft) and fingers crossed the wellbore integrity allows a deepening of the well - to reach this extremely lucrative indicated Hydrogen play.

Safer money may be on the side lines here until the fix is confirmed, however, low float and sticky hands means this is primed to rocket... I'll also be adding to my holding upon successful re-entry RNS.

Theofficecat, best fact check yourself before attempting to denigrate the company. You're egos getting far too carried away with itself.

TheOfficeCat, Yes, the shale will be a relatively easy problem to fix. This issue is 'common' when it comes to drilling, very seldom does a well go perfectly every single time.

We now have the right team using KCL mud that can deal with this issue.

In Bo's own words:

"Q. How confident are you that you have the right team, rig and tools to address the shale issue?"

"Bo. "Very. Highly Confident"

Bo has been in the drilling business for 32 years. I take his word over your pessimistic opinion any day of the week.

Interesting narrative MNM...

The shale issue being minor problem, but enough to warrant a bigger rig to set course to reach the Hyrdrogen.

I think we would have been behind Bo should he have choose just to go back in for the Hyrdrogen anyway.

The Hydrogen play here is a game changer.

'Assuming' we have what is indicated to be down there, this is worth a minimum of between 80-100p prior to any 'funding' that would be required. And then we also have multiple non-dilutive pathways funding to talk about too.

Assumptions are great aren't they.

Upon successful installation of intermediate caisson...

Straight to wireline or deepening of the well... that's the question.

Chart should start looking like a staircase from here IMO.

20/40/60/80

MNM - although he was ultra-positive, we couldn't have a decent discussion on this board for his 100 post per day.

I'm also positive about this share. It doesn't require that sort of behavior. Sometimes less is more.

No doubt!... He'll be back soon enough. I think it was at least an ID per day, if not more.

I'd imagine some now taking a position prior to what could be the most unique / globally significant Hydrogen and Helium play the world has seen... in the USA, a stones throw away from infrastructure.

It's been a great BB to read this far, I hope the discussions can keep the same etiquette when the heard arrives and the potential is realized.

Is that the-office-cat I can hear outside, wanting to get in... (at 17.5p lol).

Exactly Troajan, so much to play for here at this stage and very promising results this far.

Let's get the shale sorted - from then on, nothing stopping this surpassing ATH.

Not long now. I've waited longer for my granny to blow out her birthday candles.

Troajan, sticky hands here. Won't be letting these go that cheap (even for a quick buck). 40s will be my first point of reduction. Uncharted territory... Incoming within a month IMO.

Expected timelines...

"Once mobilisation and rig-up is completed, it will then take 7-10 days"...

Rig up completion by end of week (Friday 11th), that brings us to next Friday 18th or the Monday 21st (7 - 10 days) to case over the problematic Mowry shale and run a wiper trip to total depth.

SP seems to be moving in the correct direction now in anticipation. I'd hope to see us back at 24p again prior to our successful re-entry RNS.

From then, the sky's the limit depending on gas % concentrations.

All of this IMO.

Oldapache, my thoughts are that the main seller of last month has cleared. Either that or they have had sense to keep a hold of some of their holding after the unexpected but very welcome Hydrogen shows (which could be transformational).

Current Mcap is no where near where it should be with respect to our prospective Mcap on successful discovery of Clink 1. Glad to be apart of this at these levels as our Mcap once the mist has cleared will be much, much higher.

The probability of successful re-entry is high, we know there is Helium and Hydrogen there, and we know (through twining of the well) that it flows.

Risk/Reward - It's here. The only real unknown at present is the % concentrations, which again, as implied by the mud logs, is at a commercial grade. So on the basis that we have a successful re-entry, all other forward operations are de-risked.

Who else would you want running the show but a man who has wrote a book on Helium "Helium: The Disappearing Element (SpringerBriefs in Earth Sciences)" - and, again, as stated many times, has his own hard earned cash in this company.

Small re-cap from the Investor Meets Company Presentation:

Q. Are you able to give a guide base on the figures given in the mud logs of how much larger the % of Helium or Hydrogen could be?...

Bo - The mud-log itself measures %’s of %’s… It’s the gas coming out of the rock up the anulus and wellbore and then is measured with the mass spectrometer…

So you can not quantify what the actual % of Hydrogen or Helium is in the gas, however what comes out of the mud log system implies a much larger figure in the actual formation, so in the case of, take for instance 10% hydrogen in the Cambrian/Sandstone/Flathead, that would imply something of a magnitude a % much higher in the actual formation, so that was very very exciting… on the Helium side, when you have that magnitude of helium above ambient air, 5.2 ppm, that implies a robust helium system. Now generally speaking helium in any formation is anywhere form say 0.3 to 3%, mostly, only in very rare occasions do you have upwards of 10% helium, but, if you have the volumes behind it, smaller concentrations of helium become commercial, in this case, we essentially twinned the well, meaning, we drilled very close to the old well bore which was flow testing at 8.5Million per day of raw gas, which we now know to contain Helium. Were very excited about the mud log results, we think there by far exceeded our expectations and believe were sitting on a very unique system here.

DM – "This is what we go into exploration for – this is the well we want to drill. This is showing all the good signs and were excited to go back into it."

When asked about how confident Bo is for re-entry, Bo explained that it wasn’t without risk, but he was highly confident about re-entry and the probability is quite high we can have a successful re-entry.

Link: https://youtu.be/v1xH28eeOr8?si=zhtHjTdzIwRfg-I_

Soon, I hope to be looking back on 19p as the last gift of the year.

The shale issue being a 'minor' set back in an all but solid operation leading to a truly remarkable resource.

>The potential is here< All that's required is a little patience, letting both Bo and DM make a serious company out of HEX. As well as their own cash, their reputations are also on the line.

Happy with my holding in the hands of Wheeler Moore Sears.