Member Info for Porky9

@Sausageface
Nobody can predict with precise science you can only go off what you find
We have run previously towards the 30p, i consider the position significantly stronger now, so don't see this as an issue.
Markets are a mess
We are seeing higher lows. A little bit of buying pressure and the SP will rallly
If i had to put a flag in the sand i would say breaking out above 22p short term more than possible
Any specific ground breaking news, more than one drill, a JV or significant partner and SP could step change.
Clearly Helium is there, we now need to see it extracted
Will see how events unfold.
GL

Poster @Sausageface had sold up in Jan and was posting here telling everyone they had sold, it was going to be a no news period apparently and they were looking to reinvest in March.

The recent de-ramps are just a prelude and pathetic attempt to try and encourage others to sell or not buy to try and secure a lower price for buy back. I have no time for these idiots. It's all games.

Hopefully David releases the updates on the ERT and forward plans earlier and these traders get caught out

Meanwhile, i may be criticised by the few de-rampers here and accused of ramping however EVERY comment made is backed up fully by my reasons why i believe the SP will rally/ increase significantly from here. If the share was that sh@t why would they invest time posting negative comments having already admitted they intend to buy back?

It's just utter b@llox. Unfortunately we see it on numerous boards at LSE. same old same old. I'm just not Not interested in traders with that kind of agenda.

I hold shares here, I really like the business and how its being positioned, if i wasn't confident in the business i wouldn't invest in it. As such I'm going to shout about my investment, I believe it will be the star performer in my portfolio this year and as such I'm backing them and adding to my position as funds permit.

GLA

@ITV
You are always going to get traders and those out to try and screw a few percentage points and talk stocks down to try and meet their objectives for buying back in. Frustrating but just how it is.

Once David completes the ERT and puts the plans out on drilling, the position here will be materially different. The share price will be much higher. Wednesdays RNS issued are really just housekeeping frankly IMO.

It needed doing and at least we no longer have to put up with posts saying, “I’m not investing because the accounts are late, what are they hiding” and other such nonsense. That’s done and dusted now.

The main take for me is that David and the team have a certain confidence about them. They are confident of this being the Discovery Year and the data they hold is clearly endorsing that. The snippets we have had so far are really positive and once that’s all mapped up with the ERT data and put before shareholders we are onto a winner. Not long now. Every day a day closer.

I stand by my call that options for new management were a good thing, they didn’t award free shares or even award options at discount. The award is HIGHER than the current share price, in fact the SP needs to go up by 20% from tonight’s 11p just to match the management options. Anyone buying now is getting a cracking deal.

Anyhow, each to own but you know the reality and potential here, they are on the cusp of greatness. It will come. Short matter of time

GL

@Skittish
I hear you but lets face it, if DM gets the SP north of 65p will anyone give a toss about a few options?

And its no good it just going up for a short period, the first award can only be vested AFTER 12 months, so they see no benefit whatsoever unless 12 mth's from todays date the SP is materially higher or of course the business is subject to a takeover and it triggers early redemption of options.

As i say, i genuinely think this is a sound strategic move. They have not taken the p@ss its very fair, they are not at discount to the current share price, not to mention these are to be paid for options at 13p. They are not just free share grants either. They didn't do that either. So they clearly believe the SP is going to be materially higher.

In my view and you can say i'm biased, or rampy, i don't really care, i think this is a cracking opportunity to buy shares at a price now that's LESS than the 13p that the management team can buy at.

SP tonight sits at less than 11.20, gift imo

@Skittish
Well as i see it they are for new members of the management team and as i say, when they get the SP from here to north of 65p short term i wont be complaining. They will have earnt their keep.
Any previous awards still stand, this is a new incentive and as i say they didn't go for a discount option. They clearly have confidence in the SP climbing from here. Otherwise, it wouldn't be worth awarding.

See how events unfold.

Really Like this award.
They have a fully vested interest in the share price climbing
AND a Takeover needs to be at a significant premium to the strike price to be worth while.

So Remember, they would only gain on the share price uplift.

To put figures on this 2 million shares in twelve months time at 13p. Not sure how many new member of the team this is split between, think its four or five, but let's keep it simple and work on the entire 2m in year one for the calculation.

For the management team to share £1m Bonus before tax, collect £200k each gross if five of them the Share Price needs to be north of 65p inside of 12 months.

I can well live with that frankly, i would go as far as to say that if they can get the SP north of 65p they have earnt their bonus.

They prove this basin and the SP will be material, I think the options are fair and reasonable.

I know a lot of businesses in this situation that could have taken the option to issue options at a 20% or 30% discount to closing price on Monday. IE vested options at say 8.5p to 9p - They didn't do that, clearly they have confidence in success. So good on them. Thumbs up from me

Pork's

You don't start a thread with a negative title like this one unless you want the SP down.
Games, Games, Games

We know what the full situation here is regarding this exploration play. More than happy with the way this is going.

David lining everything up perfectly imo and we areJust awaiting the update now any moment, todays statement just ticks the compliance box's

Traders will trade, investors will invest, each to their own

Personally, will see you all north of 30p just a matter of time...

A new distraction for derampers to create fear on a penny share. Previously it was accounts not on time, covid and then the on war event, you couldn't make it up
Jeeze so October 2024 when the licence deal needs reviewing
Let's see if they can crack on with getting the helium out the ground, that's the main event here. Nothing else counts
Onwards and upwards now
Let's go

Having just got over Covid damaging the markets, this war crap with Russia damaging the markets, it's about time this one started a decent recovery...

GLA

VERY embedded so not an issue by end of October the landscape will be very different.
Plus of course all the detailed survey data held over the last year plus the ERT data which they can only really complete during the rainy seasons. Last thing a new company wants to do is have to go through all that again.
I believe the entre basin is likely to be mapped
Easier to just takeover HE1 and all the assets and survey details and increase royalty to Tasmania Government who work on long term arrangements anyhow.
Expecting a JV here and some kind of farm out deal as i keep saying.

See how the next few months go but we should be testing north of 30p very soon imo. News of a JV or similar and its off to the races...

GLA

Would be nice now to have a solid blue day today and break out the 14p, straight run then to 22p

Now the formalities are out the way we can focus towards the main event. We will get the major update reveal very soon:

* Phase ll seismic results
* MOU rig provider
* What drill
* Where drill
* Why target
* Who with
* When Spud

Hopefully JV deal,,
lets go...

Also asset value you notice went up nearly four fold to 28m which surprised me, was considerably higher than I expected but it’s the drilling we are obviously interested in.

At least with this box ticked it removes any financial uncertainty that the accounts we’re late for some other reason, should encourage anyone sitting on the sidelines if it was a box they needed ticked to buy in.

Onwards and upwards now,

GLA

Solid set and confirmation as expected, formality now out the way, box ticked.
Onwards and upwards
Just await the main drilling data now due any moment

@buzzthomas
You never give up with trying anything to de-ramp, you really are a prize. I get the name now a play on doubting thomas.
genious

GLA

Well whatever the case it's doing wonders for the Share Price.....

Options:-
1. In most cases, this sort of move in building a stake which could already be higher, is a prelude to a takeover bid and IF this is the case i would expect an RNS in the morning or fairly quick to confirm same. They wouldn't want the SP running away too much if a bid is already being agreed.

2. A partnership deal could be the other option, they want to agree a white label deal on a specific product line similar to the TATA deal and have taken an interest in owning a stake in Novacyt knowing it will do well?

3. Could just be as simple as the SP is so low that they want a stake in the nearest competitor.

4. Maybe due to the disgusting extent of shorting in the business, Novacyt agreed a deal with them to take a stake knowing it would create buying interest AND flush out the shorters.

Certainly an interesting situation for sure.

Only thing that i find puzzling is why GDR and AVCT also both went up today by 18% on no news. Crazy but possibly not related.

Kaeren does have valid point about notification levels - todays RNS confirmed they passed the 3% threshold on the 10th on Thursday.

Anyhow, well done to the faithful. a good uplift today, long over due and brilliantly positioned for more gains tomorrow.

GLA

@dixywrecked
Your 180,000 share buy is showing at 4.20
Please accept my sincere apology, I was wrong in calling you out as someone just posting to annoy.
Its clear you are interested in the progress and future of HE1
Good luck with your share purchase
Take Care
Pork's

Just read that on oil price.com, bit dramatic...

LONDON, Feb. 15, 2022 /PRNewswire/ -- Today, all the biggest names in tech are likely to find themselves scrambling to get their hands on more of this ultra-rare commodity. Without it, Netflix couldn't stream movies and shows to TVs around the world. Google couldn't support the 5.6 billion searches made per day. And Apple couldn't produce the millions of iPhones and Apple Watches that so many fanatics die for.

However, Big Tech's house of cards may be closer than ever to falling apart because of a massive supply squeeze that's only getting worse. That's because after 70+ years of production, the world's single largest source of this commodity, the US National Helium Reserve in Amarillo, TX has finally dried up.

Most wouldn't believe that a helium shortage could create a looming crisis for the entire tech sector. But what they don't know is helium plays a critical role in far more than just filling birthday balloons. Because of its unique properties, helium is one of the best options in the world for cooling the equipment needed to keep the world as we know it running.

That includes everything from diagnosing health problems (MRI machines) and connecting us with friends and family (fiber optic cables for the internet)...To building the world's most popular electronics (semiconductors) and keeping trillion-dollar businesses in operation (supercomputing and data centers). Now experts are predicting that we won't have enough of the rare gas with current production rates to last us for even the next 20 years.

Technology plays a bigger and more important role than ever in our world today, which is driving demand for helium sky-high at a time when supply is lower than ever. That has sent the price of helium soaring, making it over 100x more valuable than natural gas today ($2-5/Mcf versus $200-600/Mcf).

NOTE: Only three weeks ago they were quoting Helium 450-500 MCF. Hence it continues to rise.

@Buzzthomas
Not sure I want to even bother to reply to your engineered de-ramps but
For the purpose of entertaining idiots trying to de-ramp here:-

To clarify:-
The price of Helium currently stands at US$450 to US$500 per thousand cubic feet (MCF)
The cost to extract helium is circa US$20
Note per THOUSAND CUBIC FEET

Meanwhile the basin, according to David’s estimates is estimated to contain at least 138 Billion cubic feet of Helium.
Note BILLION CUBIC FEET

Can you imagine how many rigs you would need to extract that? We are talking potentially the worlds biggest Helium Reserve

In David’s own words:-
“Enough to supply the worlds global Helium Requirement for 20 years... or for 15% for the next century. Hence, a strategic asset.”

Hence, why I’m all over this stock. You don’t have enough digits in your calculator to calculate the potential, its off the scale.

Ultimately, its going JV or farm out deal imo. Too big a project without a major is my call

GLA

@dixywrecked
Is it one purchase or a few? As the buy isn't showing yet?
If that's genuine then i owe you an apology as i thought you were just a wind up merchant just shouting for ever lows no matter the SP. You proved me wrong if your buy is genuine.
Take Care
Pork's

Looking materially better
Just PEEL and WINS left on 11.3
JBER Digging in at 12.5
See how the afternoon session goes..
GLA

Good Try @buzzthomas with the de-ramp
Your numbers are miles off and you know it...
Little bit worried SP is going north...
TRY harder