Member Info for OrangeMoon

Bo's proven his ability to get things done in a time efficient manner already, although this part of the operation shouldn't be rushed.

Agree with IHNC, we're only 35% of the way through Bo's expected timeline for re-entry.

Calm and confident that we have the resource and the right team to deliver.

Reading the HE1 board, Hemo solely came here to disrupt due to the amount of de-rampers there.

"Hereforhemo

RE: Filtered3 Oct 2024 22:56

I've got a better idea. I'm going over to Hex and will post everyday until they stop infesting our board. Come and join me!"

Pathetic really.

Hereforehemo,

I'll also take your 50% odds here, over your 28p all time high in HE1 and current SP of 1p with near 6 billion shares.

That's a 28/1 dilution from ALT.

That being said... better to have a 28/1 dilution now, than the 112/1 dilution ratio HE1 faced in Feb 24 prior to hitting TD with helium gas shows then at 6x background through mud.

But yes... Money is safer with Lorna Blaise and crew who additionally creditied themselves 300 million shares options at 1p and then side tracked there main event in Tanzania with an offshoot in USA using share holders money encase it all goes wrong.

Completely Agree Troajan, Good bit of info there.

One of the major fundamental factors when considering my move to HEX was due to location - The North American helium fairway (Montana) and all the 1st world credits that come with it.... Not the a*se end of TimBuckToo.

The deal was done after researching our BoD - Specifically 'Bo', or as this thread has now aptly named him "Tony of Montana".

TheOfficeCat,

Fine, it wasn't 2p... I just checked and it was 1.968 on the 22.08.24 (and also some leading up to that). Anyway...

I agree with Kaeren in the entirety of their post @ 15:34.

You seem to know it all already... So, all the best with your strategy and your investment in HE1.

OfficeCat, on the contrary, I left HE1 at 2p (fortunately), prior to yet 'another' dilution over there - make that the 20th.

Having been through a lot with HE1 myself, I know what sort of company they are.

I now have a much larger holding in HEX than I ever did across at HE1, and far more confident with HEX.

Bo Sears and Dave Minchin are aligned with share holders and do not plan on using HEX as a never ending ATM.

Bo's enthusiasm for progressing towards a potentially life changing find is exactly the kind of CEO we want to run the show.

Looks like Bo and I have alot more in common than first thought.

"Mobilisation will commence the week starting 30 September 2024 with re-entry targeted to commence in the first two weeks of October 2024".

We should be on route! Bon-voyage Rig 704 👋... Clink is awaiting!

IHNC,

I'm 98% confident we'll re-enter the well successfully. Well re-entry after complications are common place. Minor speed bump in the road.

What this does to the SP between the time of reaching TD (again), setting casson and carrying out wireline is anyone's guess. As this will now happen in short order...

Go back into the hole in the 20s... come out of the hole 30s/40s is my best guess. A very larger gap-up on the 7am RNS.

Troajan,

I second your thoughts here. Calling it!

Best time to load up... When the market is quiet 🤫

Then sit and wait...🧃... 🧃... 👋💰💰💰

Next week will re-commence operations/mobilise (1st week in October).

Although this is 'AIM', there is little wiggle room for games at this stage IMO (Still have amo encase of my naivety)...

Any dips will be bought up and stored in the 'big safe'.

Shares are moving into tighter hands, there may be a few scraps left for those who are waiting for the 'perfect time'... too those traders I wish good luck, and all the best with your boxing round when NT comes into the ring ☘️.

My moneys going on NT when the time comes.

I'll be sitting front row 🎫 🎫 🥊🥊

Nearing re-entry to hole... 6-7 business days to go!

Take your positions... 💰

I think it's underpriced right now with the operational knowns... Not long until we find out who's right and who's wrong.

Hope your track record is as good as mine TL24 or atleast on par.

Can't belive my luck adding again in the 5's.

Good point IHNC. My estimations are calculated on a base grade of 1.5% Helium (and price of $550/Mcf).

The higher the concentration of helium in a gas mixture, the higher the price...

I believe we will smash the 1.5% He, the indicators we have so far suggests this... I haven't added that in,.

Additionally, I haven't added in the Hydrogen to this Mcap valuation, but I will take this as an added bonus.

The wire line RNS's stating anything above 1.5% Helium concentration will have significant re-rate to expected valuation, however equally, anything lower would also go against it, therefore middle ground here is best for Risk/Reward for the time being.

That was a longer justification post than I had first thought...

Although my post has had the double effect of pushing DB further down this chat board. Nothing against you DB, I just prefer posts with context.

In summary: Strong Buy.

IHNC,

My view of Mcap at values I previously stated:

The chance that we are confirming a ‘Discovery’ at Ingomar is very high and the potential return higher.

Ingomar Dome project – (Clink#1) $605.6 million Net

· NPV8 of $303.1 million using a helium price of $550/Mcf and grade of 1.50%

· Initial CAPEX requirement of only $19.7 million

· Net revenue of $605.6 million (after CAPEX, OPEX, tax and royalty) over 29-year LOM

Contingent Resources: P50 resource estimate of 2.3 billion cubic feet of helium, with potential upside exceeding 6 billion cubic feet.

"The Ingomar Dome Project demonstrates potentially high returns and low capital requirements. Rapid payback and free cash-flow estimates of over $40 million dollars a year release a range of finance possibilities to provide initial CAPEX requirement."

>1) Significant Helium shows through mud (which at %’s of %’s) confirmed. Helium down hole -De-risked.

>2) Wireline % He concentration & testing zones - TBC

>3) EWT to prove up estimate – TBC *Noting that The Hilliston #1 200m to the East of Clink#1 well tested a 195ft column of non-flammable gas from the Amsden Formation at HIGH FLOW RATE and minimal pressure loss over 30 days – Therefore EWT can be slightly de-risked.

Rudyard Project -

· Acquisition of a discovery with previously identified helium: Domal anticline with helium gas up to 1.3% Helium ("He") flowed to surface from two wells drilled adjacent to the Rudyard Project

· Contingent Resources1: of 484,000Mcf (0.48Bcf) He gross with in-situ value of >$250 million at helium price of $550/Mcf

>EWT to prove up estimate.

Risk Reward is here… Mid 30s pre-wireline, Mid 50’s Pre-EWT, 80’s+ Discovery.

My targets are 'middle of the road' and more often than not, have gone above*.

*Just as in HE1 (See posting history for confirmation), however one of the biggest differences here, is that HEX have promised to treat share holders with respect, as opposed to the never ending bank of dad.

This would give reason to the steady rise on Friday which caught a lot of good traders out...

If someone is buying in big, they wouldn't want to give away their position, buying up cheap shares under the radar*. Although you can only do this so far... until liquidity becomes the issue on the top end (and from there the price rockets as people try to get in). This scenario wouldn't be particularity hard considering the current float available and this board holding a substantial amount already.

*May also be aided due to trades above 25,000 being delayed reported...

One of my first posts on this BB was regarding HEX being in the shadows within the helium sector (first buy at 23p), it only takes the right eyes to look here to change that, and with HEX recent exposure, perhaps those eyes are now here.

Current Mcap 24.59M ... IMO true value before wire line should be 35-40M, after wire line Pre EWT we should see 50-60Mcap, and confirmation of discovery here 60-80Mcap* before heading to Rud. (*Depending on resource estimate).

Keeping these price targets in mind for my own posting history.

@Troajan, I appreciate your thoughts.

However, I do use charts/TA as part of my strategy and also find them very useful. I also bought my biggest position here at 23p, as found this a great entry point with good risk/reward, and still think we will surpass this in the short term.

That being said - as I have previously posted (This morning) - I do not rely on charts solely, specifically on AIM where there are far more factors than trends to take into consideration.

Just calling out those here who were trying to instil fear into a still undervalued share.