Member Info for OrangeMoon

Just doing some more casual reading on Helium vs Hydrogen...

Helium can not be made without the presence of Hydrogen, essentially due to Helium being made up of Hydrogen atoms through nuclear fusion process.

Fun fact: The sun is made up of 70% Hydrogen and about 28% Helium, and the liquid temperature of Helium is 269%.

Due to the fact that there is up to 10.3% Hydrogen in the bottom Formation of the Clink#1 Well, it's very likely we will have respective Helium concentration there also. Which also explains why it would be hard to differentiate the two at this stage, they're essentially one of the same... role on wire line logging!

Note that HE1 also had Hydrogen in their formation too, although it was 2% Hydrogen.

Very interested to know what our wireline testing of these initial Helium background levels (50x & 130x) will bring about. It would be nice to get the world's top position for Helium concentration 🤞(Even for a headline)... but as a minimum I guess all we need is for it to be commercial grade (above 0.3%).

Troajan, Yes, I can see your also on the recommended page for your commitments here.

I was taking up my fair share in HE1 at the 0.7p last time we exchanged comments.

Agree entirely, High P/E ratios and very low (if any) dividends... And they call the AIM market speculative. Tesla, Meta, Google, the big 5 or what not... Who knows, maybe some of the fallout money will eventually make it's way back to reality here in the small caps. G'Nite!

Troajan, agreed. I've not put anyone in the 'green bin' as yet during my time on here, psychological training perhaps. A posters history can often give them up in short order, quite a good feature of this platform.

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What's 5% of 3 Trillion again?... Alot. It hasn't exactly been on sustainable run in the last year - Looks like A.I hasn't found the infinite money loop algorithm after all.

Beat me to it. Thanks!

@MarksNewNorm, have you got the interview link handy?

Should be a strong upward fling once the seller departs here then I would hope. I wonder how hard they will be kicking themselves should this come good... i'm hoping hard enough for a short visit to A&E.

Noted @Troajan, IMO a sole FUD trader is easy to spot, when a boiler room heard appear, that's when things really start to get interesting. No sign of them here as yet though IMO.

Anyone new looking at HEX for a short summary of what to expect next...

Now we have reached TD of Clink#1 (with no issues) and there is significant shows of Helium (up to 50X & 130X background through mud) and Hydrogen concentrations 10% - Of which by the way, are exceptional.

The Next Step:

Wire-line logging - This will provide us with a more accurate % concentration of Helium, testing different zones to prove that there is commercial quality/grade for production.

Extended will Testing - This will provide us with flow data and be a final test to appraise the well for commercial development.

Pretty easy share to follow along (Thanks to Bo & Team)

It's interesting to read other perspectives on price action through sharing own experiences.

I've been in a few great shares (including GGP at around 1.7p in 2017/2018) and price action there was just as surprising considering what was known at the time and where it went.

Many of us here clearly believe in what HEX are trying to achieve as a company and they are doing a great job keeping the market up to date along the way. Which isn't always the case on AIM.

As enthusiastic as many are here (Including myself), our feet are still firmly on the ground with respect to expectations and the SP does reflect this. Makes for an easy discussion to get a few words in, instead of the choas that became of the HE1 chat board of late - assisting the larger than required re-adjustment of that SP.

HEX Risk/Reward is still here, and at lower entry points becomes more attractive... Until of course, as Troajan has stated, we fall below support levels and speculation of an insider selling out succumbs us to the sell button before the next RNS.

Appreciate the reminder for people to manage their expectations. Thanks Bagz718. Balance is important.

Personaly I need this after each time I read any-one of the RNS's. Brings me back down to earth, only to then re-read the RNS again.

It can be a vicious circle. I'm very optimistic about Clink#1.

All the best.

I've added a few times today on this gift of an SP.

I now hold more shares here than I did in HE1, and I was not as confident across there as I am here.

The BoD here at HEX are a big part of this reason.

Call it being over optimistic, but if this doesn't surpass all time highs after wireline logging resutls come back positive, I'll eat my own head.

Helium shows we're given in last RNS. So there is Helium there. The H2 part is also a part of this Helium system. Wireline will confirm, but it's looking like there is better quality Helium here than there was at the other Helium share.

@ihavenoclue... Dito. This news was better than expected. Glad I'm getting the opertunity to buy more at this level.

I still think there is a big seller in background, but once there gone, this should return to 30s easily IMO.

Just doubled my holding. Great RNS. Thanks to the seller(s)👍

I'm guilty... and agree going forward 👍

When HE1 said during their last interview that a raise was not given to retail due to the 'risk' that if they couldn't get all the funding required, it could seriously have impacted the main Itumbula well operation - I belived them.

Graham Jacobs their finance and commercial director addressed this on their most recent micky mouse style interview.

However, seeing a subsequent placing being carried out in the same way, with that risk not being there, at mates rates of 1.09p, shows you what kind of BoD they have across at HE1.

This just confirms their true loyalties, and it's not share holders.

On a plus note, atleast they awarded this new price to mates at 9% above their own gifted 259,000,000 (1.0p) options.

Glad I switched when I did.

Dicko, I originally got mixed up with this too, as someone had posted on HE1 board saying "they would rather have 9000x background than 50x -130x"... however as Jungmana has stated, these are also referring to HEX "higher up well" readings or as both company's state... "Helium shows through Mud".

After noting this considerable difference between measurement samples, I took my stake.

If a direct ratio is applied via mud samples only (Theory only and by no means a direct corolation)... then HEX down hole wirelog sampling could produce 9000 x 6.5 (6.5x being the upper ratio between HEX 130x background vs Itumbula 20x background).

Therefore there is potential for HEX to have 58,500x background equivalent Helium concentration (in theory), after wireline logs complete.

I agree price stagnant due to larger holder selling out.

Same thing happend in HE1 at the beginning of the year. Someone sold out around 300million shares at approx. 0.30p (off the bottom at 0.20p), and from then it 10 bagged in a few weeks. Positive information was coming in fortnightly.

I'm not saying the same action will happen here, but I can bet you the fund/institution/investor who sold out then, would have wished they kept onto their shares alot longer.

Not everyone makes the right call, regardless of size of holding.

Comparison between HE1 / HEX:

(I'm sure this may have already been discussed, so apologies if it's double dipping)

HE1 1st well (Tai-3): 6x background Helium through mud - dud (until an expensive re-visit should they go back).

HE1 2nd well (Itumbula): 20x background Helium through mud - 4.7% Helium concentration. Flow rate tests ongoing but no indication other than speculation that there will be a good flow. 100Million Cap on the line.

HEX Clink 1: 50x & 130x background Helium through mud, % Helium to be determined, flow rates (indication from additional wells flow will be sufficient). 28MCap.

*Also add the Rudyard Project as a base Mcap.

For clarity, 'potential' resource size hasn't been compared with respect to Mcap.

Interviews with HEX look far more professional and CEO's have put their money where their mouths are.

Not to mention politics or logistics/geography within this comparison should we go deeper.

The more I look this weekend (be it confirmation biased or not) I'm also glad that the heard is not here, as boards can often get filled up with junk - which is apparent on HE1 BB over the last week. Alot of "Live/Laugh/Love", "This will make us all millionares" and "You only get one shot, don't miss your chance to blow" quotes being printed over there. Not to metion the odd IG or linked in post reference. I like enthusiasm about a share, but it gets a little sickly after a while. And the impact this has had on the SP alone sets it up for a bigger fall IMO.

I hope all goes well for HE1 🙏, but it's far riskier now than it was at 0.7p (36MCap).

All things considered, I'm more comfortable with my stake here in HEX from every aspect mentioned above.

Not as nervous as kitkats tarot cards predict.

Alot of larger holders here comfotable with with the weekly rise 👍 alot more in store for Nova.

Take a break. Enjoy your weekend.

Just bought a few more, yet my buy is recorded as sell. The guy who paints the trade colours needs another coffee I think.