Member Info for simonpf

All these sellers are not reading the same chart is seems !

So the recent price action of late was for the fundraiser ! , reaction to today’s RNS says it all. “primary aim of helping patients.", this is a charity not a business, sub 70p incoming.

Good to see some newbie posters on here ALL within the last couple of weeks, just as price turned from 77, my guess is the overdue CLN funding is being sorted, positive news required on what’s going on with the grow essential, what you say newbies ?

Took your advice and bought some yesterday, news coming by the looks, let’s hope the news is good..

Studies suggest: Some studies suggest commercially viable helium concentrations can range from 0.5% to 5% depending on other factors.

Industry averages: Average helium concentrations in commercially exploited fields can be around 0.7% to 1.5%, but exceptions exist.

Scenario 1: If the well has a high total gas volume, even a relatively lower concentration within the "20 times background" range might be commercially viable due to the larger total amount of helium extractable.

Scenario 2: Conversely, a low total gas volume would require a higher concentration within the "20 times background" range to compensate for the limited amount of extractable helium.

Scenario 3: The presence of other commercially valuable gases like methane or ethane can significantly improve the well's potential. In this case, a lower helium concentration within the "20 times background" range might be acceptable due to the revenue generated from other components.

Scenario 4: If the well solely relies on helium for its value, a higher concentration within the "20 times background" range would be necessary to make it commercially viable.

3. Location and infrastructure:

Scenario 5: A well located close to existing processing facilities and pipelines would require a lower concentration within the "20 times background" range because transportation and processing costs would be minimal.

Scenario 6: A well in a remote location with no existing infrastructure would need a higher concentration within the "20 times background" range to justify the additional expense of building infrastructure.

4. Market demand and price:

Scenario 7: High market demand and price for helium can make lower concentrations within the "20 times background" range commercially viable.

Scenario 8: Low market demand or price would necessitate a higher concentration within the "20 times background" range to generate sufficient revenue.

5. Extraction and processing costs:

Scenario 9: Cost-effective technologies for helium separation can allow for a lower concentration within the "20 times background" range to be commercially viable.

Scenario 10: Expensive extraction and processing techniques would require a higher concentration within the "20 times background" range to offset the operational costs.

Obviously a lot lower. Another low ball sale, 45k @ 73p and I guess the buyer can sell some of those tomorrow at 80p , oh is that’s what happened to the previous sales detailed in previous post. 102p>80p

The price going down as the new CLN investors want more shares at a cheaper rate for conversion, any thoughts on how low will it go

So the company has a credit line of 7 million & just raised 1 million and that’s only enough for 12 months, with 8k revenue last year and 11k the year before, don’t think these guys would do well in dragons den, “I am out”, says 2 x 230k shares sold this morning @80p.

Wow over two years since I posted here, still no funding, no partner, after multiple millions spent by Repsol and char, it seems that there are better prospects, like onshore, that can be developed at a fraction of the Capex. Shareholderchar did play an absolute blinder on this share, you have to have conviction to go all and only and inside edge gives you that, which he had, still hats off, not without risk. Money is made in wheelbarrow loads on these AIM shares that never actually generate a profit, is it time to buy or time to sell the PI is blind.

SCH, ok you win, won’t be posting on your bulletin board again.

SCH

Come on now, li can’t post about a drill in the same country, geology, terms, COS, I thought this maybe relevant here, no ?

Info on page 10

https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2020/07/30070921/Corporate-Presentation-29-July-2020_FINAL-DRAFT.pdf

I currently have a position in both companies never a LTH on AIM tho.

I said the gas has gone, can’t see that post ?

PRD start drilling operations next week, they are modelling the drill on the same geological attributes as the Anchois play.

targeting 1640-3733 BCF est 11 days 2.5Mm USD Capex
4 targets COS 10%-63% . Upstream Infrastructure nearby.

SCH An interesting theory there could be some truth in it.

Nice to see some realistic viewpoints from PM and spot on with the first prediction on the fundraise, when others, heavily invested, with far more knowledge of the company apparently had no idea what so ever.

I agree with PM any rise will be sold into for the foreseeable with the 297,000,000.@ 5.5p shares issued and there will be an opportunity to buy in cheaper.

Profits never seem to Last long on AIM..

That’s a lot of money made when you play the game, the story sounded so good when it was 14p

Oldheb, you mentioned the word scam but this is just how it works, sp screwed to the floor to capitulation 1.5/2p, ramped up to 14p on no tangible news, money makers long gone, this maybe a cynical view and I could be totally wrong, but where there is an opportunity to make money it will be, this is just how it works, its a game and seems to happen every time a share multibags which this has already .

Interesting to compare the CHAR/PRD/SDX gas to market capex, think your correct BB. Also interesting to see how the market values these companies.

Someone is confident

Bought back in here, fomo, must be news coming !, having said that we’ve seen these 20% rises many times in these news periods, fingers crossed

Apologies heres the link https://www.zerohedge.com/covid-19/why-new-mutant-covid-strain-ravaging-south-africa-has-scientists-extremely-worried