Member Info for OrangeMoon

I'm cautious not to mix up my 'Dreams' with my 'expectations and opinions'. - This comes in-part by doing 'research'.

By all means provide some alternative perspectives with context to support your opinion. I'll take any credible de-ramps and investigate further.

10% Helium "Seep" measured in area.

4.7% Hellium "Flow" to surface from this well.

The difference in definition between these two is an important. They know there is a helluim producing system in this area.

EWT will identify if "Quantity (trapped or produced) & Flow Rate" makes Itumbula west 1 profitable with the amount of Hellium produced.

Personally I do not forsee at this stage anymore games with SP. A steady weekly rise upto EWT results (August) IMO.

Crypt, Thanks for the information regarding placing. This is my only criticism of HE1 - understandably they haven't yet been in a position to dictate any placing price or the T&C's that come with it.

Other than this sole criticism of the BoD, Lorna seems to be fitting into her CEO role well; has a good handle running the show, comes across as very forward thinking and has been keeping us updated along the way.

@dai2belts that's a fair point. Another one to hold against the BoD going forward.

Honesty is always appreciated Troajan.

In my own view, I would expect a steady rise up to the same Market cap of between 60-80 when the 4.7%He was first pulled out the hole. Perhaps we might get a 5-10% on update RNS (Equipment positioned at site, EWT comencing), but I am expecting this to fly like no other.

I appreciate the comparison of GGP previously, as I also held back in 2018. I remember the day we released Hav results and the SP went up a whole 10% that day (wow)... very disappointing. The very next day we seen I think 30-40% or so, if I recall correctly. Even then it didn't really take off until start of covid. And as you rightly stated, some would stil have this as an Explor. Co., however Hav almost a production now (7 years on).

Again as you previously stated, the timelines between discovery and getting to production are significantly different between the 2 companies, HE1 is on a fast track.

Who knows, they may well see production around the same time.

Troajan,

Completely agree with you.

HE1 have faired relatively well considering the minor set-backs they have faced in comparison to O&G piers, we can be certain that if Itumbula west-1 was drilling first, long term holders here would be in a lot better standing.

Tis the way the cookie crumbles.

I have no qualms going forward from my entry point or accumulating more, only the disparity when it comes to placing not being offered to retail (and the lack of explanation).

Should this become a 'discovery' and we join the majors, the boards integrity will come under alot more scrutinization going forward.

IMO this is the best point (most de-risked within HE1 timeline) to take a position.

Here is hoping HE1 can become a major player in the months to come.

Troajan,

Do you mean the funding/placement option is not unique to HE1?

Much appreciated @Investinggoals for the link to presentation yesterday. *Repost on this thread. Link below:

https://www.helium-one.com/wp-content/uploads/2024/06/240611_HE1_Marketing-Presentation_for-website.pdf

>High Level Timeline presented on Page 14. (EWT to being some-time mid July).

@maidit308 I agree with your criticism on this matter. Personally, I am leaning towards our other members of the board for this disloyalty. Let's hope they have the correct integrity going forward.

@Slacker246 - Thank you for your libelous concerns. Your in-depth analysis of this company is truly fascinating.

if he1 proves itumbula west-1 a "discovery" (after extended well test)... say good-bye to 0.7 (mcap $36m)...

it's a fair point to say that shareholders have been let down due to the most recent placing, which lorna has said was outwith her control. i'm not going to defend that as i'm not privy to these conversations nor do i have any experience in such situations.

that being said, lorna comes across quite confident in her interviews with proactive investors and she does seem to have a handle on things operationally.

awaiting next rns on the update of the long lead items being brought to site and a further detailed timeline from lorna. exciting times prior to discovery announcement.

i've started building my position this week and will be increasing my holding up to ewt results.

gla

link to interview (regarding rough timeline) here:

https://youtu.be/r8vluwiq_hi?si=xdkvjoi***ikf_nm

You're bang on the money there Legalwolf...

As I recall, the placing that was done in Febuary 2024 also followed the same price action. It didn't reach placing price at all and actually ended nearer 2p.

Not long to wait at all...

I see many white knights trying convince people to sell in the time being, no idea what their true intentions are.

I can only imagine being uninvested gives them more speculative predicting powers... thank you white knights 🙏 for using your uninvested powers for the good of the people.

What's not to like...

Fully Funded Extended Well testing.

Hard to see anything wrong with this share prior to resource guesstimate.

Happy to start my position here and start accumulation phase.

0.7p is a steal. 3-4p on good EWT results.

I have no defences for the shambles of a report I've just read.

BoD should be ashamed of themselves to now be reliant on external factors/influences to save the company, complete incompetence.

"5 out of the BoD have finance experience"... I'll crack the jokes.

The knock on effect to this house of cards falling will send waves through the industry.

It's either White Knight ⚔️ or Good Night 👊

For what it's worth, and although some would like to say that I'll not have a choice... I'm staying put ✋️, my choices are my own and no amount of self-gloating neg heads will have any influence on this decision. You can stop patting yourselves on the back now.

For others, I appreciate the constructive criticism of the company and appreciate the context you have provided along with your opinions, even if they haven't aligned with my own.

And for all those genuinely invested, I wish us all the best going to the wire.

P.S, Only wear the show that fits ☝️

Whether it's true or not, I'm currently bathing in the silence from the short crew here :)

I can imagine this has been a very, very long bank holiday weekend for them... and perhaps a longer week ahead should the rumour come to fruition before re-opening.

Just want to play a little bit of devils advocate here (Info on the ADR):

OTC market places (Where the PFC ADR is traded) are often more susceptible to pump and dump schemes due to much lower disclosure requirements and limited liquidity - Source investopedia.

"The main difference between OTC and public markets is the level of liquidity. OTC securities tend to have very low volume, resulting in potential slippage after large transactions. In addition, OTC markets also have much lower disclosure requirements than public markets, meaning that it can be harder to find accurate information about the securities being traded. This also makes them more susceptible to fraud"....

1000% P&D - raises eyebrows, and being as heavily traded as it currently is suggests this is more than just a P&D.

I do like the idiom "There's no smoke without fire" and the fact that PFC ADR is trading at the 1 year high level, could suggest In house, perhaps AA himself along with a consortium placing bid. A bid at around £1.20 would not be objected by the board IMO. This also keeps shareholders (including the BoD) and Petrofac employees (with shares) happy going forward, progressing into the $8.8 Billion contracts.

To be clear, I am invested here and I would love nothing more than us to receive material information in an RNS regarding take over. May this information keep up level headed heading into the weekend and hope for such an RNS to be delivered.

GLA

Thought I would add a little positive title subject for today.

Not that it gets under any group in particulars skin...

I did think ADR would just drop off each day, but looking at todays price gives alot of hope and adds to speculation.

In all honestly I don't think PFC LSE could maintain £1 SP when it's unsuspended on just pure rumour, there should be some material information provided prior to us getting our hopes up (that high). However, happy to live in a land where this positive speculation runs free and I'd rather be long than short during this time... that's for dam sure!

What a turn if events this would be...

Maybe the sweat has already started, hence the silence from the usual FUD crew here.

That's going to sting a little...

No certainty that trading will resume on the 31st May, they can get an extension as I believe, however this will also mean costs to the open short position, and no effect on SP. Double barrel.

I would imagine we will get an RNS on the Friday 31st regardless, either of resumption of trading or further extension.

And it's completely possible that we will get resumption of trading RNS and offer RNS @ 7am any-day prior to this too.

Downbutnotout... It will surely be interesting when trading resumes.

Hopefully there is a 'White Knight' or perhaps 'Golden Sheik' in town... No smoke without fire.

Multiple RNS's inbound? 8 Days to go...