Member Info for Porky9

@wyndrum
Please do not compare AVCT in any way with HE1, they are poles apart. I'm not going into AVCT but the writing was on the wall way back and much of it to do with the directors. you want to discuss that stock, take it to that stock board please. Thank you.

Meanwhile, we will see how events unfold here. David is clearly getting his ducks in a row and building a case for multiple shallow wells imo. Lets see. Currently i have never been more positive here, its a case of WHEN not IF now and i believe he has a vested interest in the Share Price and value of the business increasing and as such is delivering more and more updates and interviews to build confidence in what they are doing. We will hear more VERY soon.

The guy is in ultra positive mood and that feeds down the chain. They know what's there. Analysis confirms good to excellent quality reservoir across the basin. I am more than happy adding at these levels before the next major leg up on the share price.

See you all north of 30p very soon

GLA

Hey you will always get posters on these boards telling you to sell, no news. Most often they either have a short spread or a CFD and well think they can make a few quid if the SP drops before they buy back in to cover it. A few did this today at 11.5-12 so they need to the SP to fall a bit for it to be worth while.

The nice thing here is the MMs will widen the spread making it that bit challenging for these sort of traders.

Anyhow, the main thing here is that DM is collating the data. He is building a solid case and the plans will be laid before us within a few short weeks. 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 and that update including where drilling is likely could well be very explosive.

I also think DM has a vested interest in the SP climbing and is making a real effort to keep SH updated. As such i think we will see a number of further updates and interviews during this journey, again bringing attention to the stock and catching a few out.

Obviously, i remain on the bullish side, I think upside is 30p short term and game changing on major news, farm out deals JV etc and downside risk 10p at worst. Too many new investors now buying in the 10-12p range so unless they lose total confidence or just get bored i can't see any reason to sell more likely more will buy in as we move closer towards drilling so we will drift naturally towards the 12-15p range before any major updates if not higher imo.

Also, i can see plenty of reasons why many will add here at these levels, the upside potential is so enormous and we are bombarded with news about Helium being in demand, supply limited, Helium prices increasing, political issues affecting supply etc etc, so that's another reason why the bears wont have much success.

Anyhow, its all to play for, i would rather be in and building a position than sitting on the sidelines and risk missing that major update news but each to own. Matter of when now, not IF IMO.

GLA

20 USD MCF Helium production Cost, 350 USD MCF Helium Price
Margins are just amazing

Annoying, usual de-rampers like Buzz probably sold a few at 11.5 and trying to get thE price down to make it worth it,
Can't be doing with these idiots, Really cant
Sooner the forward roll out plan drops the better
GLA

Well lets see regarding the SP

He is getting all his ducks in a row, the next confirmation will be comprehensive as the data is all there, the ERT on the target locations that bit more detailed strengthening the case at each drilling point:-
https://mobile.twitter.com/Porky9Here/status/1490864950121750530

No brainer buying at this level imo, traders and shorter's or short spreads can do and say what they like, i don't care. This is going north of 30p very shortly and that's all there is to it...

Confirmation of a JV , farm out deal or a few rigs going forwards and SP could well go stratospheric.

VERY confident, each to own

GL

A few chunky buys and we will be pushing 13p...
GLA

1 at 11.5
1 at 11.8
2 at 12.0
1 at 12.5
3 at 13.0

Could get interesting yet this afternoon,,,,
GLA

@John2015
Agree, but there is a positive, the more traders and short term holders we offload now better as that's less that will be selling at 15p, 18p etc etc on the way up.
Also those shook out from lower levels are replaced by new investors buying in at higher levels so we are slowly inching up.
Outlook here is currently amazing

Good level to buy in at currently following the fall back, bit oversold, see what the afternoon session does but this is heading to 30p short term imo and a major step change should JV or other drilling plan news as events unfold.

Cracking Opportunity

GLA

Oh f... me guys, yes i can be uber positive but i have always backed up my bullish posts with reasons.

Buying a lab with existing clients sorry is total pie in the bloody sky without investment and why are we talking about this now? 3m or 5m or 10m it matters not. If 201 was being sold to a major with money and a few million down plus milestones i could understand it but its not.

IF PotlessIX secure the seed funding they need, Valirx get a token payment. Based on the CENKOS report, you can all read it, not me making it up, the company is out of cash circa end of MAY. The cash burn is 350k a Quarter, they had UP TO 600k at the end of December. IF the US SPV doesn't raise cash, Valirx will need a raise its that simple and if it does complete the deal, due to the poxy low amounts agreed being so small, they will remain bootstap and will likely need a raise in the summer anyhow unless 301can get done quick or some other deal and that brings cash in.

And some are talking about them spending money they haven't yet got on a lab... ridiculous

I love this business and will be first to support a placement but lets get some perspective come on.

Is this talk of labs to move us towards a placing to raise money for a lab and increase working capital? maybe it is and I'm fine with that as long as they a) add a good bio negotiator to the management team, they need that and b) renegotiate that cenkos fee deal, i will be dammed if they should take shares at 22p to sell onto the market in July at profit without securing any II support - i still don't think they haven't done much for their fees - sorry

Lets see how events unfold and VALs forward plans for this year in due course. I remain holding but not adding for now.

GLA

Its a high risk/ high reward play
Always has been - No change, why certain posters feel the need to remind, are you short or something???

However, todays continued update takes us a step further and reduces risk again.

Looking bloody great

High reward doesn't come without risk, each to their own

GLA

WOW – Fantastic confirmation today of multiple potential reservoirs with effective seals.

As Keith commented I totally agree and Expect they will release the porosity & permeability data next, then we have also an idea of gas charge and can better calculation the likely resource size.

Bring it on…

In the meantime though, just look at the back drop here…

Helium prices going through the roof
Supply 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
USA reduction and Russia with dominant control

This is lining up something superb and HE 1 are sitting on what could well be the worlds biggest Helium field.

Sooner we get this resource into play the better

And some wonder why I’m so dam bullish here….

SP is a absolute gift at this level

GLA

Absolutely, just imagine if you were short as well as these updates keep rolling, LOL

QUOTE:
Allow the potential for stacked seals to develop within these formations and helium to be encountered on multiple horizons from near surface to basement

Don't think anything else needs to be said. Bloody great, bring it on... Onwards and upwards.

Each day a day closer to the forward drilling plan reveal. Still want to see a JV myself but appreciate some of the SH posting here would prefer they don't JV.

Onwards and Upwards

GLA

Think a few in panic because they sold yesterday and will now be looking to buy back higher, oh well....

Birmingham Health Innovation Campus (BHIC), spent £10.8m to create high-quality lab and office for their business and incubation hub. It's a nice lab but even if you down scaled you got to be looking at £5m+ i would of thought?

Valirx are in Nuneaton so would probably want something local. I think you would struggle to get a lab for £ 3m as on ongoing business and with revenue generating clients? Goodwill alone is worth something...

As Rhub posts maybe looking for a fire sale asset is the answer but that would take time. I really think this is where a placing would be required especially if they want to buy a lab with existing clients.

But, first step is really to shore up the annual running costs of the business first that's where the focus needs to be for now.

GLA

No, it actually represents the interests of a short term traders that like to dip in and out, to take small gains.

What it doesn't allow for is the periods where they are out having just taken a small gain and hoping for a fall back and news drops or a buying surge and they are caught out. Having to buy back at a higher price. Each to their own

@Daibets, you want to trade like that, that's your business but don't advocate it as something everyone should be doing as you are quoting utter ******. I have made some MASSIVE gains in stocks and it wasn't from trading a small percentages i can tell you.

You don't invest in a high risk / high reward stock plays on the AIM like this one, only to make a few percent. No point. Stick to FTSE 100 and other safer stocks to do that, easy.

How about this for a radical idea:

Buy some shares and then fcking leave them alone for six months

Equally you can sell out and miss the real gains.
Personally I'm not here investing in high risk reward plays on the AIM for a few percent gain, i can play FTSE 100 for that, each to own.
This one has multi bag written all over it of they get it right
I can wait
GLA

@HappyDaze
Don't try and second guess me, I'm long here, I'm bullish here, I'm in no way desperate,
Jeeze, it's an exploration play.
Outlook is fantastic, potential is fantastic, i have a lot here to be bullish about frankly.
Lets see how the next few weeks go..

Looking Very Strong

Is this now the start of the bull run to to 22p line and then onto 30p....

Time will tell.

GLA

@deep100
It needs to go JV for sure due to the sheer scale here of the basin and clearly they are mapping out the entire region.

However, you know, if it went two three shallow wells for now, i would still take that, it would likely move us 70-80p fairly quick in any event. Some investors would prefer that approach.

For me, i would rather they go all in on a JV and sort the worlds Helium supply. The potential is there for sure.

Its going to get real interesting here very soon that's for sure..

GLA