Member Info for Porky9

@PhilGekko
Rock and a hard place as you are one of the investors in this forum i specifically admire as you know what you are talking about, so i don't want to look like I'm siding with the Trolls out of pure respect for your position. You are 100% right regarding the long term potential here.

However, with this stock its NOT the business side where the issues are imo. Duncan is a bit Marmite and not a showman but i kind of like that myself. I do feel i can trust him, he is an honest broker. The share options were ill timed but i have to say if it was my business i would have done the same. So no issues for me on that count.

The driving issue is led by SO and the winding down of the fund. When the next TR1 lands mid to third week of this month we will have a clearer idea if its likely to be just South Ocean reducing or if the other fund is doing the same. Once they are down to about 3% the stock will be in reaching distance of Retail buying absorbing his remaining stock, shorts closing also supporting long positions so we have a fighting chance of the SP recovering. BUT that time is not now imo.

At that point i really believe loads on the sidelines will start looking at this more seriously. Remember that at 28p this stock would still be £50m mcap value. The ATL is 23.5p. As such, whilst nobody can predict where this is going short term, it does look like a testing of the ATL line very possible especially with this continued selling pressure. This in itself is putting investors off at this level.

Only two events can change this short term imo

1. A mega update on the trials regarding the effectiveness against Cancer
2. A major fund taking a position

Outside of that, we just need to ride it out. That's how i see it. Nothing to do with the business. Investors buying and selling is totally out of the control of Duncan.

of 28p

Helium Shortage 4.0 will likely continue through 2022 and possibly into 2023 it will probably have a total duration of 18-24 months

Meanwhile #HE1 are sitting on worlds largest Helium reserve

Time to JV and get the Helium flowing

GLA

Whooa, Khalid has turned up to de-ramp

And we all know what that means, SP about to go higher

Great

Todays RNS will without doubt be over the heads of most PI, we are not all geologists, so I reply tonight in layman’s terms as to what I believe todays update means.

OFFICIAL QUOTE: -
The Electrical Resistivity Tomography (ERT) survey will be used to image specific priority areas identified from Phase I and Phase II 2D seismic studies.

By conducting the survey in the ultra-shallow zone (<200m), the ERT will identify resistivity anomalies and provide additional near surface geology information.

The shallow nature of the investigation will also help to correlate surface anomalies identified in recently acquired MSS studies with deeper lying structures identified in 2D seismic.

Helium charge and migration across the prospective area can then be studied

TRANSLATED: -
They have now identified numerous locations to drill which are priority. They are now carrying out an additional ERT survey at the identified locations and that will detail the ground structure.

This is a survey from ground level down to maximum of 200m deep; i.e for Shallow drilling.

This is an example of what imaging can look like after an additional ERT survey:
https://www.nature.com/articles/s41598-021-03217-8/figures/6

CONCLUSION: -
They have rich data already from across this basin. It identified helium. They are collating this additional ERT data on the specific target sites to strengthen the case for shallow drilling at those locations.

I am now more convinced than ever that they are in talks on a potential JV and these additional surveys are part of DD to prove the likelihood of Helium extraction at those targeted sites.

Recently I read that one company did three lines of 1.5miles of ERT in about a DAY. We don't know how many priority areas to be covered. It could be VERY quick but if we assume say a dozen sites, my best guess is about three weeks or so, top side, end of this month to update us.

Exciting times….

Totally agree, the future is green and the O&G sector are increasing ownership and have the funds to dominate.
We also have the 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.

With the above in mind, once this basin is proven without doubt a move will be made.

I really believe that DM is currently getting all his ducks in a row and a Major JV will follow very shortly. A they will just drop a major deal on us next imo on proof of concept.

Appreciate we live in an instant world and many investors don't have any patience but for those prepared to accept risk here building a position could well pay massive rewards in a few weeks time.

Time will soon tell

GLA

Hey, i believe it to be a VERY positive move
It will however be over the head of the average PI but in the bigger picture its a master stroke
This is clearly to strengthen the case
GLA

This smells very much like prep for a shallow discovery proof for a JV to me
Makes sense
VERY positive step
Also note collection of ALL data across the entire basin, not just one area. Rather than prepping just one section of it.
They will move to a farm out deal for sure here

Kept saying this project is far too big, 12 isle of Wight's put together lol, for a sole operator, its going to happen.
GLA

In addition to the available Warrants, the BOD are very well positioned in the event of a takeover. Just to reclarify the chairman holds 10.9m shares in HE1.

DM is the CEO he has 320,000 held plus the Warrants. He doesn't earn a massive salary out in Tanzania but even so in the event of an acquisition or JV he would be on terms and if they secure a few quid a share he would do very well out of this indeed.

Meanwhile shares held include

John Ian Stalker 10,891,343
David James Minchin 320,000
James Smith 112,524
Sarah Cope 112,524

Other Major Shareholdings

Sebastian Marr 20,762,564
Neil Herbert 20,716,036
John Geoffrey Bolitho 18,788,732

Now i except we have a few trolls here and those with a vested interest to de-ramp or whatever but frankly this is moving now very closely towards update news and a material SP Shift north.

We are talking exploration shares here on the AIM index. Its all high risk/ reward stuff not for the faint hearted but the rewards are here as they prove the extent and capacity of this resource. Its all to play for imo.

Just to avoid any element of doubt, I repeat again.... THIS BUSINESS IS GOING TO WORTH A SIGNIFICANT AMOUNT IF IT TURNS OUT THEY ARE SITTING ON THE WORLDS LARGEST HELIUM RESERVE AND ITS EXTRACTABLE OR IT WILL BE WORTH THE SQUARE ROUTE OF FA IF THEY CANT PROVE IT.

So, you make your choice, doesn't need calculating, we are not valuating vodaphone or doing DD on some FTSE 100 play, its a speculative play, that's all there is to it BUT its one i really like.

For me im a buyer at this level as i consider the upside will be stratospheric - that's my call. It's a Red Hot Buy but i equally respect it's not for everyone.

Roll on the updates, looking forward to see how next week goes. Based on recent activity i can see us pushing the 22p line fairly quick.

GLA

DM recently Confirmed:-
“Helium is bubbling up at surface at our projects in Tanzania at up to 10.6% He, this is 50 to 100 times higher grade than other resources currently in production. It is the largest and highest-grade helium project in the world, with potentially strategic implications for global supply – and does not involve hydrocarbons.”

AND in the middle of last year he had already said:-
“We’re an exploration company but in six months we’re going to be a development company working on a globally strategic project,” Minchin points out. “We’re building the world’s largest helium project and have to grow rapidly to seize this opportunity. We want to make sure we have the right contacts and the right people to achieve this goal.”

Now, whilst i appreciate we can only discuss what we are picking up in the market and his recent comments, i don't know about anyone else but it looks to me that this stock is currently really well positioned to gap up any moment, its going to be explosive and the next update will light the fuse here.

I am utterly convinced this is going to go JV, its clear they want to scale, we have already discussed the shear size of this project, its got to be done...

GLA Exciting times...

Jeeze
So looks like Mullis has just gone over to Love Hemp as Non Exec
It was on my watch list, think i will give it a wide berth now i know he's involved in the business

You would think some of these companies on the AIM would do significantly better DD

FAO Sang

Question for you on the sciences side:-

i notice a number of these companies springing up selling good bacteria products as health supplements. One such firm claims to be the first to include a live bacteria
https://www.symprove.com/

Obviously, 4D are in a different league BUT any idea how difficult it would be for 4D to produce a basic formula including a live bacteria that they could sell on under license to a multi vitamin group or lifestyle company that might want to sell these sorts of products.

Just thinking of other revenue streams they could bring in along this journey....

Cheers

Pork's

@Turbot1610
I always think its better for new visitors to pick up on a quick precis of where we are at, rather than having to wade through loads of idiotic posts such as "I will buy if the SP falls to x (put in any figure at least 20% less than the current SP on that day)" before they get to the information they need. So yes, can be repetitive.

Obviously, soon as that update lands we will have loads new to talk about then. In the meantime, all we can do whilst waiting is update on the Helium markets, comment on other factors we know and anything in the sector that could point to deals.

I thought the tweet from Midak was very interesting just over a week ago as they work with HE1 on the wells:-
https://mobile.twitter.com/MIDAKEngineeri1/status/1484509217088286721
It's evident to me that news has to be fairly imminent

Remain ultra positive as you know, so as i say, worth squirreling a few away at these levels. They get it right and we are looking at stratospheric upside, i like that but appreciate the share is only for the adventurous. Here's to a really week ahead.

GLA

The odd little snippet like that we can pick up and comment on but otherwise

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.

I believe once He1 can prove the extractable volumes across this basin, Interest from majors will roll in wanting to take control of it.

Really looking forward to DMs update now following the 2D Seismic data cross referencing. I would not be surprised if he is already in talks to move forward with a JV. We will know soon enough but for now it’s a patience game and adding at these lows as funds allow.

GLA

Honestly, no point in feeding trolls, futile. As soon as the updates land we will have much more to talk about here

HE1 is IMO potentially a HUGE asset that will be the subject of significant attention shortly.

Once they conclude analysis of all of the data collected along with the 2D Seismic reports they will update us together with a road map of the next stages. That update is due any moment.

Personally i believe this update will be massive. I have posted here that DM has already said in interview that shortly they will be Signing an MOU with a rig provider And moreover, Confirming in DMs words

“What we’re drilling, where we’re drilling, who we’re drilling with & When we are drilling”

Should they move towards a JV then you can forget investing at anything like 10-15p that level will be long gone frankly, Idiotic comments such as I'm waiting for X discount in the share price before i buy, if i had a pound for every chat board with a post like that i would have an extra million quid just from those posts. Fact is the SP is as cheap as chips at this level.

As such, I remain totally positive here. I believe we could well be in for a massive week next week. Every day is a day closer to the update as know, the newsletter is also normally out at the end of the first week of the month so we could see that land the weekend or early next week.

GLA

Calm before the storm
Consolidation in the 11-12p range
Mega Update Any Moment
Stock Oversold
Bull Run to 28p Inbound
GLA

Being serious now..
Most geologists believe that the majority of helium in natural gas derives from radioactive decay of uranium and thorium, either from radioactive black shales, or granitoid basement rock. Granite and related rocks tend to contain more uranium and thorium than other rock types. However, some believe that the helium is largely primordial.
https://en.wikipedia.org/wiki/Helium_production_in_the_United_States

But the meteor strike idea i prefer, much more fun.
And if we trace back to the Jurassic period and add some Dinosaurs into the mix even better

@111Baker
Interesting concept that.
No idea myself what creates these wonders of the world but that could well be the case. land and sea has changed as far back as we know. Something caused this initially.
Who knows, maybe Dinosaurs in the region were grunting with high pitched squeals back then when they crossed the basin... i'm joking, i'm joking...
Take care

@Bradley123
LMOL, if the stocks not talked about, nobody hears about it. That's how i see it.
Don't know much about TMDR, will review it but i only like multi-bag potential return plays.

This one will move materially north big style imo. A few dipping in and out along the way but i don't mind that, trajectory is North and confident of major upside. Lets face it, matters not really if you are in at 10p or 20p this is either going north big time or its not.

Sooner that update drops the better, every day a a day closer
GLA

@gotothelogs
Nothing knew there, fully aware of where the company stands financially.

BUT the big elephant in the room really comes down to do we think there is Helium there?, how much and is it extractable.? That's the gamble with exploration play penny shares. Nothing else matters the rest is fixable. Believe you me they prove the volumes of Helium we suspect are there and my word, every major, O&G group will be on this like a tramp on chips.

Obviously, its a play for the adventurous only. It's either going to prove its sitting on the biggest helium reserve in the world and worth many many multiples of todays SP or its worth FA.

I have no challenges with Risk. Heck, you can't make high returns without taking risks. BUT with HE1 i feel that ODDs are stacked more in favour of major upside. We will see.

I await DMs update shortly and if I'm honest, I'm hoping he is looking to go down the JV Route. The area is far too vast for HE1 on their own, what they need imo is a farm out deal and really open up the potential here across the entire region.

GLA Exciting times...

It will be interesting to day to see how trading goes.

I 'm on the same page as @Majestic Trader:-
https://mobile.twitter.com/MajestictraderA/status/1488910781311860741

We are due to bull run towards 28p having come from an oversold position, time will tell

GLA