Member Info for steve58

Remember it well. Held for years the gigante blow out in 2000.

They were sold for about £750 million I think.

Sold out at about £1.20 bought out for over £7 a share. So it does happen.

IMO more probable than impossible.

Fairly certain the gas is there. Its just how easy it is to get out and how much there is.

Looking at the Shell figures about 40 to 50 billion dollars in gas alone.

Say a 10% recovery rate toasts still 4 to 5 billion dollars.

A market value of £500 million would seem a little on the low side.

I think at 5p many of us will be taking early retirement myself definitely being one of them to do so.

Have nearly 6 million at .078.

Still cannot decide whether to get out of another energy stock I'm in and buy about another 10 million here.

The video presentation was very informative and makes baron oil look a very good investment to be in imo.

Afternoon Chris.

Still looking in very quiet here.

Now in hel1 and a punt in boil.

Up 40% in three days.

May get moving here eventually so will probably be back at some point.

Have a good day.

Hopefully you will be able to buy your own pub.

Just got in myself last two days.

Looking good.

Not trying to put a dampener on things but wouldn’t rule out .105

Added 3 million myself.

Now holding just under 6 million.

Looking very good.

Couldn’t resist it 3000000 at .0085.

Long time since last spoke on here.

Over £200 million mc with no oil.

Seems the sky is the limit here.

Would 5p be possible here.

Only £500 million mc.

Imo we will definitely multibag it’s just how much by.

When you look at their sp and to think is all they do is mine cryptocurrency I know where I’d rather have my money. Helium actually exists whereas a cryptocurrency isn’t a physical item.

Roll on drilling.

Good luck,

Seems to have had an effect on sp.

Only about £520 million mc.

Anything is possible here given the potentially huge helium deposits. Over 500 bcf was mentioned so could leave that figure far behind.

I think it may have been reduced slightly due to the additional 100 million shares issued.

88p revised figure.

I'll take that in three months from now.

One at a time I think.

If all successful anyone's guess what the sp could be. May even leave brokers estimates behind.

Very good video.

That's what I like about David, he knows exactly what he is talking about and is getting on with the job he is paid to do unlike others at companies I won't mention.

Thanks Chris.

Should have stuck with them first time round.

Had enough here.

Despite the recent call to the board and their subsequent replies.

I think we are still being fobbed off.

There may be a deal shortly but I can't see it making much difference short term.

Off to helium for the time being.

Good morning to you.

I'd rather be invested here than wait on the 4% investment held by scir.

Here for a while now.

Very confident.

Have a good day

Purchased just over 80000 shares yesterday in two tranches 13.73 and 13p respectively.

Am down about £1000 but not too bothered.

Once news breaks of drilling commenced and helium discovery this should rerate big time.

Even the brokers are quoting in excess of £1 a share.

Imo this could be a very conservative figure.

Looking forward to the future here.

I know as with any share there is a risk that things do not go to plan.

I am however more confident here than with other investments I have made in the past.

That could be an awful position to be in.

Ruvuma will need more expense we will be out of cash.

The thought is frightening.

Seems they will sell helium shares ASAP. They expect to be holding some during drilling which is in next few weeks.

Maybe more fees are due soon.

Let’s see if a deal is forthcoming in the next few weeks.

We were told weeks a few months ago so we shouldn’t get our hopes up too high.

Morning Chris.

Thanks for that.

Maybe they will sort something out soon.

Still unbelievable that with all their experience and the time they have had they have delivered nothing of note.

As you say shareholders are far from happy with the lack of progress on any front.

Does make me think that they could carry on the same and then just leave with a nice little compensation package.

Only weeks for first deal then.

I will believe it when I see it.