Member Info for RKBeekeeper

Warrants

Currently there are Warrants @ 3p 4p 4.5p & 6p

Some warrants are due to expire on 27th June 2026

Some warrants are due to expire on 19th July 2026

Some warrants have a clause if the mid-market price is above £0.10p for 5 days then they must be exercised.

Some warrants have a clause if the mid-market price is above £0.15p for 5 days then they must be exercised.

Nick purchased some Warrants on the 10th of November 2025 and there were 1,318,617 Warrants @ £0.06p due to expire on the 19th of July 2026.

If Nick does not want to incur a loss on his £0.06p Warrants and he was to exercise them by 19th July 2026 then the share-price would have to be north of £0.07p

If our share-price is say £0.10p for 5 days, then that has a snowball effect on the £0.04p warrants which could then have a domino effect on some £0.06p warrants.

RKB

PS I have pencilled in Tuesday 16th June 2026 for our AIM Admission.

I am sitting in the sun in Málaga with a glass(or two)

BoD etc 129,783,211

Hot Rocks 5,850,000

PI's 49,368,325

Total 185,001,536

RKB

For VoD read BoD

BoD etc as per website 129,783

Hot Rocks 5,850,000

PI's 49,368,325

Total 185,001,325

RKB

Website Updated

Today our website was updated.

Have a look as there have been changes regarding our leases and Rost Twin.

Interestingly the Major Shareholders have a new one called Invexo LlC with 30,554,960 or 8.97%

Then there is Premier Milton Plc already TR1 with 53 Million or 15.55%

I will let someone else add up the total % including PI's and Hot Rocks and VoD and you will see how little there is left for new investors.

RKB

MDH verses HEX

Torino, you will just have to be patient, Nick will have us on AIM soon enough and no shareholders will be disadvantaged by the AJ bell deadline next month.

HEX put out their RNS this morning about their Helium Sales Arrangement.

I believe HEX are producing from three Wells and @ 1% and they are (for next three months getting the Spot Price)

If you were to read all of HEX’s RNSs then you would see that they were aiming for “Two new production wells to be drilled, potentially allowing pre-tax cashflow of $20 million per year in the first six months of production.”

With MDH we have been producing a minimum of 5% Helium from Rost from late November 2025 and have received revenue from December 2025, that’s 5 months + of cash and I would expect some of the recent sales will have been at spot prices.

MDH have Rost Twin Well and our partnership with Ritchie Exploration.

So, Torino, I think you are wrong because Nick, Paul, Eric & John are “on it.”

RKB

PS From RNS 15th December 2025 “With a line of sight to developing new wells in Fort Dodge with prospective financial and industry partners, these works are providing the blue print for larger scale operations.”

No General Meeting Required for AIM Move

As MDH have completed the purchase of M3 Helium it was confirmed yesterday that no further GM will be required.

Nick & the BoD were aware of the AJ Bell email last week and as it so happens, one of the shareholders present yesterday, had a copy of the email and I had screenshots, so we had a good chat about the AIM move, and I believe it will happen.

RKB

PS Bannister, if you had attended the GM yesterday you would have been enlightened.

100%

RKB

General Meeting this morning

There were only two shareholders present (excluding BoD) myself and a friend whom I drove up to Perth with.

This was the most informative GM / AGM I have ever been to in 20 years.

We both had all our numerous questions answered frankly and informatively.

We also were introduced to a new member of staff, a very nice young lady who is Nick’s assistant.

Unfortunately, I am not at liberty to Post what was said this morning but look at the PS below.

RKB

PS Canaries & Trojan wise move.

PPS I do not normally Post an “Opinion” but after this mornings GM I had to let you know.

Good Morning TrekMadone

I agree 100% with your excellent Posts about the “Path to 100p” and I think you are being conservative.

What we do not know is did “Mendel Helium” pay for the Share Talk article or was it normal small Capt Company coverage?

The points that I think should have been included (because the £5 million fund raise was 10 days previously) are

1) £5 million raised @ 4p to accelerate the development at Fort Dodge and complete the acquisition of M3 Helium.

2) Operation Update, Rost 2-26 completion operations underway with the larger 7” drill bit.

3) Schneweis Ventures 13 recompletion scheduled for later this month.

4) Expansion plans, Drilling 4 additional wells and constructing a second helium purification plant during 2026.

5) CPR Report has resource estimates for Fort Dodge prospective helium resources of 2.12 – 9.78 Bcf (BILLION) with illustrative in-ground valuations.

6) Potential dividends from 2027 subject to successful execution.

The above Points, I believe if they had been included in the Share Talk article would have materially strengthened the article’s depth and investor relevance and would (could) propel our share price towards TrekMadone’s 100p target.

RKB

Share Talk Article

Https://shorturl.at/cyg2G

Part 9

“Retail investor conclusion

“Mendell Helium now finds itself at a different stage of its development compared to just a few months ago. What was previously a steady, production based story has begun to evolve into something more dynamic, with clear signs that the company is attempting to scale its operations. The movement in the share price reflects this shift, but more importantly, it reflects a change in how the market is starting to interpret the underlying business. The focus is no longer just on proving that helium can be produced, but on demonstrating that production can grow.

“The building blocks of that transition are now visible. Rost has provided proof of concept within the Fort Dodge system, while new drilling, targeted funding, and operational partnerships are beginning to establish a pathway toward expansion. The planned move to AIM adds another layer, potentially increasing visibility and access to capital at a time when the company is moving into a more active phase. Taken together, these elements create a more structured and forward looking narrative than was previously available.

“At the same time, the opportunity remains early stage. The success of the next phase will depend on the company’s ability to replicate production across additional wells and to maintain operational momentum. This introduces both risk and upside. For investors willing to engage with that balance, the current stage offers a clearer view of what the company is trying to achieve, even if the outcome is not yet fully defined. The direction of travel is becoming more evident, but it still needs to be confirmed through delivery.

“In that sense, Mendell is no longer simply a small helium producer operating below the radar. It is becoming a company that is beginning to demonstrate how it might grow into something larger. The recent re-rating suggests that the market is starting to recognise that shift, but it is unlikely to be the final word on valuation. As drilling progresses and production expands, the next phase of the story will be shaped by results rather than expectation. For retail investors, this is where the story becomes more tangible, and potentially more compelling."

“Disclaimer: The information presented in this article represents the opinions and research of the author and is provided for informational purposes only. It is not intended to be, nor should it be interpreted as, financial, investment, or legal advice. Investors are encouraged to perform their own due diligence and consult with qualified financial advisors before making any investment decisions. Investing in small-cap stocks involves significant risks, and past performance is not indicative of future results. The author and publisher are not liable for any financial losses or actions taken based on the content of this article.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 8

“Risks and what still needs to be proven

“Despite the recent progress, Mendell remains at an early stage in its development as a production led helium company, and there are still key risks that need to be considered. The most immediate is execution risk. Moving from a single producing well to a multi well production base requires consistent operational delivery, including drilling success, stable flow rates, and effective field management. While Rost has demonstrated that production is possible, the next phase depends on whether that performance can be replicated across additional wells within the Fort Dodge system. Until that is proven, the scaling story remains partially untested.

“Funding is another important factor. Although the recent £700,000 placing to fund a production well supports near term activity, further expansion is likely to require additional capital. This introduces the potential for dilution, particularly if the company continues to grow its drilling programme. The key for investors will be whether capital is deployed in a way that drives measurable increases in production and value, rather than simply sustaining operations. In early stage resource companies, the relationship between funding and delivery is often a defining factor in long term performance.

“There is also operational and regional risk to consider. While Kansas and Oklahoma are established producing regions, individual well performance can vary, and not every drilling programme delivers consistent results. Factors such as reservoir characteristics, pressure, and infrastructure integration can all influence output. As Mendell moves toward a broader production base, maintaining consistency across wells will be critical. Variability in performance could impact both production growth and market confidence.

“Finally, market dynamics remain relevant. Small cap resource stocks are often sensitive to sentiment, liquidity, and broader market conditions. The recent share price move reflects improving perception, but it does not guarantee continued upward momentum. As the story evolves, the market will increasingly focus on results rather than expectations. For retail investors, this means balancing the growing potential of the company against the reality that key milestones still need to be delivered.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 7B

“The recent share price movement reflects this shift in perception. The move from below 3p to above 5p suggests that investors are beginning to look beyond the initial production milestone and toward what could follow. At the same time, the move has not been excessive or disconnected from fundamentals, which supports the idea that this is a measured re-rating rather than a speculative spike. In that sense, the market appears to be responding to evidence of progression rather than anticipation alone.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 7 A

“Why the market is starting to re-rate MDH

“Taken together, the recent developments begin to explain why the market is starting to reassess Mendell’s valuation. The shift is not driven by a single announcement, but by a combination of factors that now align more clearly than they did just a few months ago. The company has moved from proving that it can produce helium to actively building out a production base at Fort Dodge. At the same time, it has secured targeted funding, progressed drilling activity, and introduced partnerships that support execution. This type of coordinated progress is often what underpins a more sustained re-rating.

“Importantly, the nature of the story itself has evolved. Earlier in the year, Mendell could be framed as a small scale producer with potential, but one that still needed to demonstrate how it would grow. That question is now beginning to be answered. The addition of new wells, including the Rost twin within the Fort Dodge system, and continued updates on operational activity suggest that the company is moving toward a more repeatable development model. For investors, this reduces reliance on a single outcome and instead introduces a pathway to incremental growth.

“There is also a broader context to consider. Helium remains a strategically important commodity with constrained supply, and domestic US production continues to attract attention within that theme. While Mendell’s current scale is still modest, its positioning within an established producing region gives it a degree of relevance that extends beyond its immediate output. As operational progress continues, this positioning may begin to carry more weight in how the company is viewed. The market does not appear to be pricing in a full scale growth story yet, but it may be starting to recognise the potential for one to emerge.

“There is also a broader macro backdrop that may be supporting sentiment. Ongoing tensions in the Middle East, including concerns around shipping routes through the Strait of Hormuz, have highlighted vulnerabilities in global energy and industrial gas supply chains. While Mendell’s recent progress is operational rather than geopolitical, its positioning as a US based helium producer means it sits outside many of these risks. For investors, this does not define the story, but it does provide additional context as to why domestic supply narratives are attracting renewed attention.

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 6

“The AIM move and why it matters now

“The planned move from AQSE to AIM has been part of the Mendell story for some time, but its relevance has changed as the company’s operational progress has become more visible. Earlier in the year, the proposed transition could be viewed as a forward looking step, something that might support future growth if and when the underlying business developed further. Now, with production established and expansion underway, the move begins to align more directly with the current stage of the company. As outlined in the recent operations update on the move to AIM, preparations are ongoing, signalling that this is not a distant objective but an active process.

“AIM provides access to a broader and more liquid pool of capital compared to AQSE, particularly for resource focused companies. This matters because scaling production, even at modest levels, requires ongoing investment. A move to a larger market does not guarantee funding, but it does improve visibility and the potential to attract a wider investor base. For Mendell, which is transitioning from proof of concept to early stage growth, that shift in market access could be important in supporting future development.

“Timing is also a key factor. Market upgrades tend to carry more weight when they coincide with operational momentum rather than precede it. In Mendell’s case, the progression from a single producing well to a broader drilling and development programme provides a more compelling backdrop for an AIM listing. Investors are not being asked to buy into a purely conceptual story, but one that is already demonstrating tangible progress. This alignment between operational delivery and market positioning strengthens the overall narrative.

“Viewed in this context, the AIM move is no longer just a structural change, it is part of the broader transition taking place within the company. It sits alongside production growth, drilling activity, and partnerships as another step toward building a more scalable business. For retail investors, the significance lies not just in the listing itself, but in what it represents. It is a signal that Mendell is positioning itself for the next phase of development, where access to capital and market visibility become increasingly important.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 5

“New drilling and partnerships signal acceleration

“Alongside the expansion at Fort Dodge, recent updates suggest that Mendell is beginning to increase the pace and structure of its operational activity. One of the more notable developments is the agreement with Ritchie Exploration, which introduces an additional layer of technical and operational support to the company’s programme. Partnerships of this nature can be important at this stage, as they bring both experience and capacity to what is still a relatively small but growing operation. For investors, this signals that the company is not attempting to scale in isolation, but is building out a more robust operating model.

“At the same time, drilling activity itself is moving forward. The company has provided updates on the progression of new wells, including the Rost twin, which sits within the broader Fort Dodge development strategy. As confirmed on its most recent update, this work is part of a coordinated effort to build production capacity rather than simply test isolated targets. The introduction of additional wells within the same system is a key step in moving toward repeatable output, which is ultimately what defines a scalable production business.

“This progression matters because it changes the shape of the story. Earlier phases were defined by individual milestones, bringing a single well into production, confirming flow rates, and demonstrating basic capability. The current phase is different. It is characterised by multiple workstreams, drilling, partnerships, and funding, all moving forward in parallel. For retail investors, this shift from isolated activity to structured development is often where a company begins to be viewed differently by the market.

“Taken together, these developments point to increasing operational momentum. Mendell is no longer simply proving that its assets can work, it is beginning to show how they can be developed in a more systematic way. That distinction is important, as it underpins the transition from a small scale producer to a company with the potential to build a broader production base. If this pace of activity is maintained, it provides a clearer pathway for the market to reassess how the company should be valued.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 4

“Fort Dodge becomes the growth engine

“If Rost demonstrated that the Fort Dodge system can produce helium, the wider Fort Dodge project is where Mendell is now aiming to scale that capability. Located in Kansas, the Fort Dodge project sits within a known helium producing region with established infrastructure and a history of commercial activity. This is important because scaling production is not just about drilling wells, it is about doing so in a location where geology, logistics, and market access are already proven. In that sense, Fort Dodge provides a more practical platform for growth than a purely frontier asset.

“The shift toward expansion became clearer with the company’s decision to raise capital specifically tied to production. Through a £700,000 placing to fund a production well, Mendell signalled that it was moving beyond initial proof of concept and into the early stages of building a production base. This type of targeted funding is significant. Rather than raising capital for general corporate purposes, the company is linking investment directly to asset level growth, which tends to carry more weight with investors.

“Operational progress has followed. Updates on new production wells indicate that Mendell is actively advancing drilling activity at Fort Dodge, with rigs expected on site and work programmes underway. This marks a step up from earlier phases, where the focus was on proving production through the initial Rost well. The company is now moving toward a multi well approach, which is typically how production scale is achieved in practice. For retail investors, this is where the story begins to transition from isolated success to repeatable development.

“Taken together, Fort Dodge represents the next phase of the Mendell story. It is the point at which the company moves from demonstrating that it can produce helium to showing that it can do so at increasing scale. The market tends to respond differently at this stage, as growth potential becomes more visible and less theoretical. If Mendell can continue to deliver operational progress here, Fort Dodge has the potential to become the core driver of how the company is valued going forward.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 3

“From Rost to a scalable Fort Dodge system

“The foundation of Mendell’s story is the Rost well within its Fort Dodge project, which provided the company with its first clear demonstration of operational capability. Unlike many early stage helium companies that remain focused on seismic data and conceptual targets, Mendell has already taken a well through the full sequence of dewatering, testing, and into production. This progression matters because it converts geological potential into measurable output within a known producing basin. In a sector where many peers are still proving the basics, actual production carries a different weight.

“The company announced this transition through a series of operational updates, culminating in confirmation that helium production had commenced at Rost. This was followed by further data on flow rates, giving the market a clearer sense of how the well was performing in practice. Flow rates are a critical metric in helium production, as they determine not only output but also the economic viability of scaling operations. Even at modest levels, consistent production provides a baseline from which growth strategies can be built.

“What this achieved for Mendell was a shift in perception. The company was no longer viewed purely as an explorer with potential, but as an operator with a functioning asset. That distinction is important for retail investors, as it reduces one layer of uncertainty. It does not remove risk, but it changes the nature of that risk from discovery to execution. In practical terms, the question becomes less about whether helium can be produced, and more about how much can be produced and at what cost.

“This is where the current phase of the story begins. Rost, on its own, does not define the long term investment case, but it does validate the Fort Dodge system as a whole. It acts as a proof point that underpins the next stage of development across the wider project. The focus now is on replicating that success through additional wells within the same system rather than proving the concept from scratch. If that transition can be delivered, the narrative shifts again, from demonstrating capability to building scale.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 2

“What Mendell Helium actually is

“Mendell Helium is positioned as a US focused helium producer, a distinction that immediately separates it from many early stage peers in the sector. Rather than building its story purely around exploration potential, the company has already demonstrated that it can bring wells into production and generate flow rates from its assets. This provides a different starting point for investors. It shifts the narrative away from binary exploration outcomes and toward the more practical question of whether production can be expanded and sustained over time.

“The company’s core asset base is centred on projects in Kansas and Oklahoma, most notably the Fort Dodge project and the broader Hugoton region. These areas sit within established US helium producing basins, where infrastructure, geology, and market access are already well understood. This reduces some of the uncertainties typically associated with frontier exploration. In addition, the Rost well within Fort Dodge has already moved through dewatering, testing, and into production, providing a tangible example of how Mendell’s assets can be developed. For retail investors, this combination of existing production and known geology makes the story easier to frame.

“Positioning within the wider helium market is also important. Helium is a critical industrial gas with applications across healthcare, electronics, and advanced manufacturing, yet global supply remains concentrated and, at times, disrupted. US based production therefore carries strategic value, particularly as companies and governments look to secure more stable supply chains. Mendell’s focus on domestic production aligns with this theme, even if its current scale remains modest relative to global demand. The relevance is clear, but the challenge lies in translating that positioning into meaningful production growth.

“That brings the story back to where it now sits. Mendell is no longer trying to prove that helium exists within its acreage, it has already demonstrated that. The focus has shifted to building a production base that can expand over time and support a stronger valuation. This distinction is central to understanding the recent share price movement. The market is beginning to look beyond proof of concept and toward the potential for scale, which is where the next phase of the investment case will be decided.”

RKB

© Share Talk 09/05/26

Share Talk Article

Https://shorturl.at/cyg2G

Part 1

Earlier, NoAdvices Posted their Share Talk Article “Mendell Helium plc, From Single Well to Scalable Production” and only Posted a fraction of their Article.

There is an excellent summary of what Mendel Helium is all about.

“For much of the past six months, Mendell Helium plc (AQSE: MDH) traded within a relatively tight range, generally between 3p and 4p, reflecting a market that viewed the company as a small but stable helium producer rather than a high-growth story.

“That pattern has now shifted. Since the beginning of March, the share price has moved from around 2.75p to 5.125p at the time of writing, marking a clear break from the earlier range. For a company that had previously traded with relatively low volatility, this represents a meaningful change in market behaviour rather than a routine fluctuation. Moves of this nature typically signal that investors are reassessing the underlying story.

“In our previous coverage, Mendell was positioned as a company that already had production, setting it apart from many of its peers, but still needed to demonstrate that it could scale that base into something more material. The focus then was on early operational progress, including the transition of the Rost well through dewatering and into production, alongside initial steps to expand at Fort Dodge. At that stage, the investment case was grounded in credibility, the company had proven it could produce helium, but had not yet shown that it could grow meaningfully beyond that starting point.

Since then, a series of updates suggests that this next phase may now be underway. The company has moved forward with its plans to expand production capacity, supported by a £700,000 placing to fund a production well, while also progressing drilling activity across its asset base. More recent updates, including progress on new wells and operational activity at Fort Dodge, indicate that this is not simply a continuation of earlier work, but a step up in pace and intent. The narrative is beginning to shift from establishing production to actively building it.

The key question, therefore, is whether the market is now starting to price in that transition. Share price movements can sometimes run ahead of fundamentals, particularly in small cap resource names. However, in Mendell’s case, the timing of the move appears closely aligned with tangible operational developments. This suggests that the recent re-rating may be less about speculation and more about recognition. The story is no longer just about being a producer, it is about becoming a growing one.”

RKB

© Share Talk 09/05/26

Good afternoon Mickey1122

I have re-posted your Post from 12:16 today as your real positives are worth paying attention to and I would not like them to be overlooked with everything I have posted about the CPR Report.

The real positives (worth paying attention to)

1. Clear valuation framework

This is actually strong:

* Risked vs unrisked NPV

* Flow rate + helium % = key drivers

* Stage-based valuation (pre-drill → production)

👉 That’s exactly how serious investors look at these plays

2. Peer comparison point (important)

This bit matters:

* Companies with no production valued at £50–70m

* Mendell already producing (Rost)

👉 That does highlight potential valuation gap

But… keep reading 👇

3. Identifies what REALLY matters

He’s right here:

Flow rate + helium % = everything

👉 That is 100% correct

Nothing else (trailers, stories, acreage) matters without that

4. CPR is conservative by nature

Also true:

* CPRs are backward-looking and cautious

* They don’t include:

* post-report production

* real-world improvements

👉 So yes — CPR undervaluing current reality is common