Member Info for steve58

Evening chris.

Got a bit carried away I think.

Let's hope i did the right thing.

Not a round figure for me but topped up yesterday at .0026.

Just over 210,000 shares coming my way.

Happy to wait six months as well.

As any investment their is always a risk.

One I’m willing to take.

Highest probable helium play in the world.

Helium shortage.

Drill ready at low cost.

Buyers lined up.

High recovery rate.

All the above statements have been made at some point.

I’m very confident that given the above the risk is reasonably low that this investment will not come good.

Good luck to you and all holders past and present.

$36 Billion

£100's of Millions.

Largest Helium play on the Planet.

All very positive statements.

Particularly like the second one.

Based on tonights closing price, would be .00253 x 236 or about 6p.

Tomorrows trading and closing share price could go either way.

Hope its the right way as far as Attis shareholders are concerned.

Definitely a buy at .0026 showing as a sell.

Looking forward to friday.

Didn’t realise their was an Rns issued so most of my post still stands.

The opening price will be fixed but after that anything could happen.

Theoretically although the price will be determined on supply and demand.

If demand is low then price will be lower.

If however demand is high then the market will show a higher price tempting holders to sell.

Anybody’s guess but would like to think the latter.

Positives.

Huge probable reserves in place.

Low drilling costs.

Drilling and appraisal only a matter of months.

High helium price.

Negatives.

Still trying to find one.

All above imo of course.

IMO the only way this will go belly up is if they cannot find enough helium to produce on a commercially. I think about as much chance as living in a shoe box on the M1.

Gas is seeping to the surface so looks very likely that it is there in commercial quantities.

I’m hoping for a share price in excess of 6p on or soon after dealing commences.

Should be interesting opening in view of other helium shares so’s and the reserves they have in place. The fact that we have at least 40 times more than our nearest rival and are drill ready should have a bearing on the share price.

Afternoon Chris.

We are all showing our age here.

Say no more.

Hi there long time since spoke last.

Still looking in on Ldp.

Atb Steve

Trust you have some invested here.

Imo shares will not be suspended.

As far as I read into it attis shareholdings held at close of business on 1st December get converted into helium one shares in the ratio 236 to 1.

No dealing in attis shares as they no longer exist and then dealing will commence in helium one shares.

So a couple of days when no dealing can be done.

I'm all loaded up hoping that once helium one comes to the market institutional investors will buy into it.

Imo looks grossly undervalued.

IMO they will announce a complete sale within days.

They may be missing out on a potential pay day but at a cost.

At least 15 months millions more costs and no income whatsoever.

They did however say that they would not sell at a low price.

Seems they could be stuck in a viscous circle.

Morning Chris.

Ruvuma is in the accounts as an intangible asset at £15 million.or about $19 million dollars.

If sold for $20 million cash in the bank but asset disappears.

Basically the company would be worth the same.

We would of course have the cash to invest to start earning some money to pay the bills at least.

Nearly another year gone and the board have changed the company name.

Not very impressive is it.

Disastrous in the fact that the drilling licence expires in April 2021 so has to be renewed.

Why didn’t they try to get a two or three year licence in the first place as they knew what the timeframe would be.

Rig has to be secured etc.

A complete farce as usual.

If we sell soon imo we would be lucky to recoup our costs so far.

I think the sp could get knocked back today.

They want to sell but a potential buyer may as well wait for us to spend $5 million dollars and get the drill done before parting with their cash.

I think this derails the boards short term strategy imo.

Seems like they have to start from scratch securing a rig etc,

You would have thought apt would have purchased one

States 2022 for drilling.

A complete sale more likely imo.

Just noticed that the revised presentation raising £6 million now shows additional shares issues for fundraising fees. Means the company keeps all the £6 million raised although gives the advisors nearly 3% of the company which in turn reduced the Attis Share accordingly.

Expensive these fund raising.

I’m sure going to us shareholders directly would have been cheaper to implement.

Regarding the opening sp, I would think the millions already spent should be included in the value as will probably be shown as an intangible asset on the balance sheet. Until we see the helium one accounts we will not know how it has been treated. Other exploration companies usually capitalise expenditure and then white it off over a few years.

Which means no dilution and hopefully a much higher share price and mc in the hundreds of millions.

Agreed, not the most fluent speaker I have heard but seems very knowledgeable and looking forward the the subsequent drills.

Hope for 5.5p at least break even for me.

10p plus would be great.