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It is commercially viable. Just scare mongering. It’s all about the total BCF down there. We get 5BCF it is work 2.2bn. Then project finance or a partnership to drill 30 holes and you have a lot of helium flowing out for years. There is still huge upside here

It’s not anything to do with the new person selling stock because they have been exposed. It’s simply that the stock has rallied well and despite the RNS sounding good, it doesn’t confirm a whole load of profits right now. Therefore, some profit taking

The key is that the company is starting to look like a very investable prospect, which is key for the large players. Just simple things like renegotiation payment terms etc. The company is starting to be run properly

Looks good. The way I read it is that they essentially have the same as total 2023 revenue already locked in for the next 12 months as a minimum, but also against a much lower cost base. This may then increase substantially as trading and production ramp up.

Starting to sound like a very well run business which has a bright future

Total BCF confirmation within the next 2 weeks, as part of the feasibility study. That’s where the real money is. They were aiming for 5BCF, which is worth c$2bn

Would love a few blue days. We should be sitting around 2p

Great to feel the positivity back here!

Within the next couple of weeks we are going to be told the BCF of what we have. The CPR was aiming for 5BCF, which represents a value in the region of $2bn. We get that, then we’re all good.

Incredible turnaround. Fair play to those who bought at the bottom, I didn’t quite have the minerals…

Topped up

Can easily get live quotes on HL to sell 5m blocks

I can only get quotes to buy for like £100. Very annoying

Can’t wait for the next interview when Lorna makes it clear they’re looking at a JV route forward and not going it alone. That’s when this completely turns around

Very much looking for the share to go a lot higher. Expecting a positive trading update and then I think we’re back up towards the 70s and beyond

The Company continues to carefully control its cash and, as set out at the time of the fundraise in February 2024. Based on updated internal estimates the Company now has a cash runway into the second half of FY26. The Company continues to seek to achieve cash neutrality during that timeframe.

Things are improving. Increasing revenue and new clients, along with great client feedback. The thing I’ve always liked about fusion is at the end of the day they are good at what they do. That is key for future success

Just please Lorna make it clear you are not going to do this alone. For that you will need to raise a lot of money and to be frank, you are terrible at that…..

The basin in now proven and a big player can come in knowing they can go ahead and drink 30 holes and get a lot of helium. Just get the license and sell the whole lot to them

Hopefully they’ll confirm the total BCF soon. Then, along with the mining licence, just JV or sell the company. 5BCF is a couple of billion in value.

It is commercial once the field is properly developed. Did you think the entire reservoir was going to pour out of one hole?? Grow up

A JV with a big player will be announced very soon. A big company with virtually unlimited cash will step in and drill the hell out of the Rukwa basin, which is now a proven reserve

I don’t know why people are focusing on the MCF of this one single well. The development phase will include drilling a whole load of development wells, which will all add together to make up a large total flow rate. The key for me is to confirm the total BCF down there