Member Info for Skippysb01

I top sliced 20% of my holding at 1.2. Basically I had a target to sell some if the market cap hit £40m.

Got to stick to rules. I averaged down with a .25p buy during the placing and just had to take some profit on that.

Quite happy with this decision although inevitably are are now at 1.4 half and hour later!!

This deliberately misrepresents the data in the RNS. mud shows are many times less than in situ shows. The helium gets diluted in the mud and atmosphere. The actual shows could be many many times higher. Mud logging isnt designed to show actual recoverable quantities. It more points to zones suitable for wire line testing.

I thought Mosman were still about 2 years away from actually touching that helium drill. But yes the JV should add value from here and they replaced the dire CEO recently. It was terrible as an oiler TBH.

I reckon we are going back to £40m market cap.

Market cap is too low considering the potential. 40m wouldn't surprise me before results.

Seems to me we have big boys buying and smaller boys selling. What cut they possibly know those 'boys'.

SP is up more than 50% and has held well.

By the way 'big boys' is just word cheese. Meaningless.

The 20x shows are from mud flows brought to the surface as part of mud circulation during drilling. Helium shows will be hugely diluted and lost as it moves to the surface where it is tested. Mud flow gas shows are many time lower than they would be in situ at depth. If they have 20x in mud flows then it is almost certainly more than .3% in situ. This has been explained previously during drilling.

I didnt get the chance to have a good look at the interview this morning because I was travelling. Just watched it. Lorna is grinning all the way through. Clearly our CEO is very excited about what they have found.

LB said in the interview - 7-10 day local testing process overall. Wireline is first and so we can expect an interim update perhaps for that. So next week and especially the end on next week could be very interesting.

I also note that this is lining up with likely timescale for Nobles independent lab results.

Because they are testing the helium shows by analysing the mud .... it gets tested above ground and loses most of the helium before they test it. There was a previous interview where this was clarified. The actual show at depth will be many times more than 20x background normal.

Zebra- it doesn’t sound like helium exploration is for you. Many of us know the risks and decided to invest early because of the huge upside potential. Success is now more likely than ever but even now we know nothing is guaranteed. Be a shame to bail now considering we will soon know but that’s just me.

There are plenty of nice bond funds or index trackers to suit someone with your risk profile.

Surely the weather is so bad that they can’t even see the drill!!!

They must have dug it with bare hands!!!

Look at the market cap compared to the potential size of the prize!!

… so how do you know it isn’t exactly the message they are required to provide under the AIM rules considering it is materially important for the share price? It doesnt read rampy at all to me.

Evidence that they are lying please!!! Or you are just making it up!!

I think they pushed out an RNS with exactly the amount of positivity they are allowed to under the AIM rules without shouting the D word before lab results. The license has lots of helium. It may be commercial (to be established of course but we were always going to see an RNS like this on the path to that).

Not the duster you wanted is it Turtle!!

So we were told on 8th Jan 4-5 weeks. Granted we would like to hear about shows etc on the way down but not sure it’s very necessary to get excited about lack of news just yet.

Death by no cuts.

All trades including the off market trades do get recorded but for some reason LSE doesn’t show them. Google and Yahoo do. Yahoo finance will show the total volume including these big trades.

So what? It has to be a broker issuing the placing shares into the market? Or something to do with the placing anyway.

I see they just dropped another photo on X.

Well the SP moved up this morning after that trade so it seems likely a buy. Direction of travel after a large trade is usually the best indicator I find. It was about 25% of the total volume so far today so at that time it would certainly have caused the sp to fall back if it was a sell.