Member Info for PompeyMagnus

Deep100, totally agree about enormous cash burn. That'll be £12.7m for an ewt plus some operational contingency in case the ewt goes pete tong and they can still pay themselves until liberum do the next raise back to .5p. Tanzania and Ruckwa a backwater with rainy seasons where nothing happens. Very expensive place to drill and develop. Just have a look at the nearest road on goigle street view! Someone on here said this'll be 10p by XMas??!! Well that person has rocks in his head because that would be a £530m MC - on an ewt, on one well? Now that is ramping! This share will be lucky to see 2p because theyre like the 1930s deutch mark now, especially as all the smart helium money now going into HEX. This is a bottom feeder trader share now, Im afraid. Good luck all the same.

1.6b more shares tradable on Friday. That's going to be a big drag for this and perhaps longer.

Loll, hear what you say. Can't help thinking he1 has consigned itself to being a bottom feeder trader share that'll just bump around within a range until EWT results. Can't see significant investment going in there before ewt news, whereas with HEX I'm hoping to see a continued trend up to news which, given the BOD dream Team I'm expecting to be positive and to take us higher. GL.

Excellent Scoping Study. Long term target if £2.42 a share. Keep's us heading into blue sky too. No resistance! 3 initial wells producing in 2025 which means earnings in short term. And no raises in between!!! Excellent company. Best investment on AIM. Looking forward to drilling updates and Midwest opportunity updates.

1.6b shares tradable on Friday making 5.3b in total. I see the BOD have really put their money where their mouths are and taken substantial holdings (not). This is just a traders share now looking for a bounce back up to 1p possibly from next week. For long termers, with BOD having no skin in the game and the Tanz albatross factor, and with more hugely discounted raises to come, the company is finished. Hex scoping report out today. Take a good look, it's excellent. US on shore and no raises. Good opportunity to get out of this dungfest.

He1 has shown its true colours. Another huge raise discount of 56% for 1.6b shares making 5.3b in issue now. So relieved I got 95% of my holding out of there and into HEX at 11.8p.

Playtowin, acknowledged. Didn't say it would see them through to earnings either. Great opportunity to get 1m shares for £5k.

5.3b shares in issue? Also £8m for an EWT? Highlights the very high cost of appraisal in Tanzania, let alone development and logistics. A further worry is that the price will definitely go to or close to .5p and the MMs will have a right go at this, maybe not tomorrow, but in the coming days/week or so. HE1: dilution jockeys par excellence. And big deal, the BODs putting in £35k each at 0.5p. Shower of shi.t. like legalwolf posted earlier, wait for 0.5p now and buy more. The only positive here is that with the BOD buying at 0.5p there's no way they'll place at 0.5p again in future because they'd then be shafting themselves as well as the PIs! They definitely will not do that.

Hex is moving up into news. He1 doesn't seem to be?Market seems to fancy hex more. Sharebell think you may be mistaken about DM at HEX, I think he's business and aim side of things, Bo Sears is the drill bit king. I hold both he1 and hex by the way, hex more so, and want to see both do well.

Don't think the bottom's in yet.

Dream Team BOD with real star dust, small float, hates raises, best business jurisdiction in world, helium faiway, high soil samples next to Ingomar Dome well bore, US strong demand and rising due to rocket flight and chips act etc, helium in short supply currently, and 12m approximately away from earnings! Surf this beaut all the way to the MC and PE ratio this excellent company will achieve. Forgot to mention they have other opportunities too in Midwest. Makes a real change to have an excellent company like this on aim. We're going to be very wealthy investors.

Think pubcrawl's turned coat to hex, which I see is up another 6% heading to 30p whilst he1 is down 6%.

Sadly looks like a drift down to 1p. Need a positive rns. Good buying opportunity though. See hex still keeps moving up.

We know there's a helium system down there.

Anomalously high soil samples next to well bore.

Everyone wants HE1 to go north and is frustrated with current sp surely, especially compared to hex, which could be pushing north again imminently. If this board only wants rampers on board then that wouldn't be balanced because there are significant risks with he1 and much less so with hex. If that makes me a deramper or cross ramper then so be it just trying to be balanced and objective, but suffice it to say I would like to see bith he1 and hex going north. GLA.

Looks like 3.5p and a potential buying opportunity, assuming it holds at that. Challenge with cmet is no one knows what's really going on and there are big gaps between news. Am out for time being but watching for next buying opportunity although only then for small/modest LT. Not convinced there aren't big risks here still and that cmet are putting a brave face on them, eg what happened to LB, will they need to raise because of the more limited Sheffield jv, when will the jv be finalised, the minerals themselves are quite workaday and already being mined in SL in large quantities, and then there's how to get them out of there with the Oluvil port risk that may be okay for fishing, but not for sustainable bulk mineral transport. Hope I'm wrong but currently of the view they're a long way from earnings, 2 years possibly 3, when they said last October it would be late 2024/early 2025. AIMHO. GLA.

Sold yesterday. Only held a tiny amount thank heavens. Moved residual into HEX. For me BCE was a tiny gamble which of course crashed and brings home how, in my view, companies like BCE seem to operate. They peddle hope, hope of resurrecting exhausted or non commercial assets (liabilities really) that everyone else has had before them, and make a living from it funded by PIs. Theyre excellent at dangling the carrot to keep you hooked too. A bit like vast with their diamonds. Snake oil rather than fuel oil's their game. GL if your staying with them. Alternatively switch to Hex and get your money back in a true class act company. At least check em out. Different universe to this total dungfest. GLA.

Good post. Very interesting that there are many helium users out there having to rely on allocations, rationing might be another term for it, because of constricted supply. Reassuring to be invested in a company whose product is not only in short supply but also in increasing demand, particularly in the US, eg chips act and space flight growth to name just two. No better investment on AIM currently that HEX. GLA.

Avanti should be entering production phase anytime now.

The best investment currently on LSE. Total class act.