Member Info for Porky9

God that cross ramp was as subtle as a brick...

@Teamhanz
The CENKOS broker note out today confirms:-
1. The business model adjustment to acquire a lab to enable further development inhouse.
2. That a further two projects are expected to come online
3. That the position at the end of the 22 year will be -654k supported by bank overdraft of same.

My only query with this would be IF the bank would grant an overdraft of that level? I am assuming running costs remain the same and two additional projects would come in similar 75k and 100k and I'm wondering how they can fund a lab when we identified that they must be looking at 3-5m minimum???

Anyhow, see how events unfold. Whatever the case I'm going to support. like most of us agree, if they get even just one project over the line and ultimately into production and it saves just one person, well then its all worth it.

GLA

Guys
Jeeze you want other investors to be aware of this stock and its potential. You don't want investors put off on false information information and risk a lower ball hostile takeover.
IF you are positive about your investment why not shout about it,
Each to their own i guess.
See how events unfold, sooner update lands now the better, each day a a day closer.
GLA

@Deano1978
Balls.... or plain stupidity if out of the market when game changing news lands.
On aggregate you lose more money being out of the market than in as a result of missing big uplift days where you sold out early and find you can't get back in anything close to where you sold. That is a FACT and especially relevant on AIM positions.
The reality is that you shouldn't invest on the AIM unless you are prepared to accept that risk.
Also, you don't chance a high risk/ high reward play to try and catch a few percentage points, you can do that on stocks of lower risk profile.
True, my positivity could be seen as ramping BUT i research and i back my decisions and share my findings, that's how i roll.
Meanwhile some of the de-ramps here have zero substance to them, they just post X percentage lower regardless without anything to back it up.

Lets see how events unfold....

@Deano1978
I'm not going to champion some two bit trader posting here in excitement that the share price went down today and they are happy about it. There are investors here in at the high 20s - show some compassion.
It's especially even more annoying when its unsubstantiated, i.e. no reasoning behind the figures.
If i think an SP is doing up or down i give my reasons for it.
Dixywrecked has never done that, in fact if the SP went down further they would still want it cheaper. That's they way some operate.
IMO either strap a pair on and invest or go invest where you are more confident

@Noob67
This was my original point regarding the scale of this. The financials are just staggering if they get this right, we are talking a share price well into the pounds not pence.

To Quote David, he stated that they considered they were on a reserve of 138 billion cubic feet, enough to supply the worlds global Helium Requirement for 20 years... or for 15% for the next century. Hence, a strategic asset.

He had stated that the operating costs for Helium production are $20 usd mcf and retail of $250 usd mcf. But since then the market situation has changed. We are now in Helium 4 shortage hence the demand for Helium remains on the increase with prices still climbing due to the supply issues. The price of Helium has also gone from $280 / MCF up to $450 - $500 / MCF and climbing.

I still think this play is well under the radar of a lot of investors, many not yet run a slide rule over the numbers. We are buying here in the 11-12p range yet the upside is possibly £4 to £5+ its ridiculous.

See how events unfold but the rewards are certainly there if they can get this right. @Skittish that extra research you provided is fantastic, just adds to our confidence and endorses what we suspect is the case here.

Happy to continue adding, GLA

@dixywrecked
Appreciate you are just a wind up merchant but i suggest you hold onto your pocket money and with some poetic justice lets hope the updates land before you get chance to buy in and you can pay north of 30p

Here's to David updating us further very shortly.

GLA

You are right, quality research piece
If it falls back too far, it will be worth reposting it for new investors.
Onwards and upwards

Small window today on this no war ****** to pick some up in very low quantity at 10.5p. But even just 10k's worth was 10.75p

MM's more than happy to take stock in, difficult to buy larger quantity.

Still think this is going North big time, superb we have offloaded some over the last couple of weeks at these levels, that's less that will sell on the next leg up.

Strap in guys. Lets get that mega update issued and get this reserve online asap.

Loving it currently

GL

@DirtyDozen13
Oh you cynical thing you :} lol But i do tend to agree with you...

What a day...

GLA

https://twitter.com/DeItaone/status/1493203128791060487

RUSSIA'S LAVROV SAYS WE CAN SEE A WAY TO MOVE FORWARD WITH TALKS

Russia Played well, gets everyone around the table to do a deal. Previously no-one gave a sh@t, Threat of a war and economic damage to world markets and everyone takes notice. Not so stupid.

The war non event with political posturing to give the markets a jitter and a few shakes of the tree.

What an opportunity today to get in on this false fall back. Well done those that took advantage,

Should get interesting soon, onwards and upwards

Remaining mega confident, matter of time.

GLA

@Noob67
Main thing IMO is that New Visitors here, potential New Investors can access the key salient points quickly regarding what HE1 is about.
Would hate this BB just to become a board for friends and family and existing holders only
Stock needs new investors, its happening..
GL

What is it they say...
Make Love NOT war
Mind you with my dodgy Hip at times....
Have a great Day
Take Care
Pork's

3/3
Consider it de-risked
When the first wrong drill was set up in the wrong location and the project failed, as you know the SP and value of the business crashed from 30p to 6p. BUT IMO whilst not great, it wasn't a total disaster. We then knew the true composite of the ground and learnt from that so that was at least something that could be built and factored into the data going forward.

They have since gone into precise additional detail with the Quantitative Evaluation of Minerals by Scanning Electron Microscopy ("QEMSCAN") study on drill cuttings collected from the Tai-1/-1A wells at its Rukwa (100%) project area for further clarity and analysis of rock type.

Add to this the last year of surveys, 2d Seismic and the current ERT which are the icing on the cake ensure a much clearer picture. Now you could rightly argue that all that preparation should have been done the first time around and i would agree with that but it wasn't and we are where we are now.

The reality is the Helium is there and its looking like the right clay seals are there, in fact many. The last 2d Seismic confirmed many clay seals that trap the Helium and from the updates its looking like shallow drilling in the right locations is going to be the way forward. Now you probably know this already, so expert geologists and those with ERT survey experience ignore here but the survey data is bloody impressive stuff if you ask me. This is an ERT image example:-
https://twitter.com/Porky9Here/status/1490864950121750530

ERT on the target sites identified will clarify the ground structure for Shallow Helium drills down to 200m at numerous points across the Rukwa basin - this again points to shallow drills for success imo.

So in my considered opinion, what i guess I'm getting at, is that is that this time around David is getting all his ducks in a row, frankly lining them up with precision this time, he is making sure everything is right and as such i consider the risk of failure much reduced here as a result.

Now don't get me wrong; I'm not saying its risk free, heck as i keep saying its an exploration penny share stock on the AIM, you want risk free you play FTSE 100, not AIM exploration but the rewards on getting it right, well you can't put into words can you, talking pounds per share not pence here but i really believe in David, everything is lining up superb and backing them by buying at 11-12p is certainly worth a shot IMO. Hell anything under 50p will look mighty cheap on a confirmation and that's why I'm adding as funds permit.

Confidence in the sector with the failure of ADV doesn't help. I do feel the HE1 SP is depressed further as a result of that and traders dipping in and out for little gains on what is a high risk reward play BUT they are VERY different plays, different businesses. Personally i never liked ADV, it's hard enough mining on land and shallow waters let alone trying to do it, was it something like in 35 metres deep

2/3
We have to consider that the backdrop has now changed materially, we also have a political situation and a need for control of Helium assets on top.

Demand for Helium remains on the increase with prices still climbing due to the supply issues. The price of Helium has also gone from $280 / MCF up to $450 - $500 / MCF

US production of helium is rapidly declining and is expected to be 35% of world helium production by 2026. They are trying to increase again to get back to where they were as dominant supplier but not only limited by lack of locations rich in Helium to mine but the 13,000 acre site in Arizona which has helium seams is fraught with issues with protestors and locals trying to halt any form of drilling or production.

Meanwhile, Qatar and Russia now have control of more than 60% of the worlds supply. I really can’t see the Americans standing for that for much longer.

So we have a squeeze on Supply with it being restricted
We are going into an 18mth Helium Glut, Helium 4.0 now
https://www.gasworld.com/helium-markets-now-experiencing-helium-shortage-40/2022650.article
Majors wanting increased exposure to Green plays
And as i say USA reduction and Russia with dominant control

So, as i see it this is lining up something superb for HE1 and meanwhile they are sitting on what could well be the worlds biggest Helium field. Hence, once David releases the 2D Seismic data coupled with the ERT Images my call is David will know all the locations where rigs should be positioned and will have the required proof. The ERT evidence could prove to be enough, images compelling in itself imo.

By my own rough calculation i considered he could need as many as 144 rigs across this basin due to it size, that's how big it is. Yes he could say we will drill x with y partners to further prove concept in what he says will be HE1s discovery year but equally on that data he could say we are doing it with X major and likely then agree a farm out deal. Note: As i just posted, he considers they are sitting on a reserve of 138 billion cubic feet, enough to supply the worlds global Helium Requirement for 20 years... or for 15% for the next century and its a strategic asset.

Sooner we get this resource into play the better, that's the main thing. Whilst we cant second guess David, i really would rule anything out. A lot of eyes on this asset for sure. GLA

1/3
Reposting key points from Friday:

Sitting on a reserve of 138 billion cubic feet, enough to supply the worlds global Helium Requirement for 20 years... or for 15% for the next century. A strategic asset.

The operating costs for Helium production are $20 usd mcf and retail of $250 usd mcf so its a highly profitable if they get it right.

Just a reminder of his IG Interview confirming the above-
https://www.youtube.com/watch?v=is5cVFjKtYo

Well worth taking 10 min time out to watch for those considering investment here if you haven't seen it.

Yes, this remains a VERY high risk reward play, its an exploration penny share on the AIM index hence risk doesn't get much higher than this however, i really believe the upside from this 11p to 12p current range will be absolutely stratospheric and i'm talking in the pounds, not pence on discovery.

I believe if you can afford risk, its one to squirrel away a few shares and come back in six months.

They are at Advanced exploration stages now, the business is better placed now than at any time in its history imo, this is the discovery year and its all to play for.

If they can get into a Helium seam the uplift in value here will be off the scale.

We will get the major update reveal this quarter and i consider Monday marks the start of the six week count down to that reveal:-

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

And i don't care what anyone else thinks, my call is that this will go JV with a major VERY soon as i consider too many national interests will want to control this resource and offers will be so compelling they wont be able to ignore.

The resource is so vast (12 Isle of Wight's put together) it is simply too big for one company IMO.

Matter of time

GLA

@Skitish
Quality bit of research, looking really good
Totally endorses why I'm so bullish here, we are in for one hell of a year
GLA

"With a global helium shortage looming, it’s estimated that the supply will not keep up with demand for the next 20 years.
And that is happening as industry demand is projected to increase at a compound annual growth rate of 11% each year through 2037."

This is why its essential we get this resource online as soon as possible.

GLA

@deep100
Not sure how you invest but do you have the time to actively contribute to all the board threads where you own stock because i don't. I spend enough time on this board at the moment.
@dai2belts
I don't do CFDs or spreads. I don't have to worry about margin calls and i have sufficient equity and cash deposits for it not to be a consideration.

GL going forwards