Member Info for thetriplestar

Yep agreed, and lots of news expected over the coming months - would be very nervous experience holding a Short on this stock Coco.... are you sure? I only see this going up from here....

This 'snap' usually happens the moment a partner is named. Until then, we are simply watching the market's 'plumbing' at work, not a reflection of the project's success.

The fundamental value of HE1 and the share price are currently moving in opposite directions > like a rubber band being stretched.

Value is increasing because the Government JV (Songwe Helium Ltd) is now legally active and the PVE Data Room is open to global 'Whales.' The price is falling because of short-term traders and fundraise overhang. Eventually, the rubber band will snap, and the price will move to catch up with the value.

Coco, the board has "never sold a single share" (as confirmed in the 2025 Report), they aren't treating this like a job where they take a paycheck and go home. They are treating it like a Venture Capital play. Trading prices just going up down on the bid spread - no big deal here.

It’s easy for people on this forum to call it a "dog" when the price is flat. But looking at the May 6th RNS, the directors just took more shares at 0.26p. They are effectively "buying the dip" with their own salaries.

If the price were truly "no good" in the long term, those directors would be scrambling for cash salaries to get out while they can. Instead, they are increasing their stake at the exact price you’re looking at now.

Remember the £1.5 million raise back in January? That was done at 0.26p. In the world of AIM stocks, that price often acts like a "ceiling" or a "magnet." Until the company proves they have moved past needing that cash, the market tends to sit right on top of the placing price.

The farm out will happen. How much do we need to give away from our portion of the pie?

No OTC market. Finished a while ago.

The last fund raise few weeks ago they were quick to grab that extra 500k when they could. Obviously you didn’t notice that last grab for the lollies but I did.

You’re seeing the price go down, but the value of the company actually went up last week.

Think of it this way: Last month, HE1 was a company with a 'hope' for a licence and a 'wish' for a partner. Today, it is a company with a Legal 83/17 Joint Venture with a nation-state and the world's best farm-out agent on the payroll.

The price is down because the 'weak hands' are selling the news. The price will go back up when PVE finishes their coffee and puts the first 'Whale' contract on the table. You aren't losing; you're just watching the market finish its 'clear-out' of the short-term gamblers. Great buying if you have spare cash!

PVE provides the Commercial Capability, and the Tanzanian Government provides the Legal Security. For the first time in years, the 'Upside' isn't being gambled on a board's intuition; it's being managed by the same team that opened up East Africa for the world’s biggest oil majors.

We are likely 3 to 4 weeks away from the WTR report hitting the terminals. This is the "calm before the storm" where the PIs are selling at 0.23p, unaware that a massive U.S. valuation document is currently being drafted by one of the top names in U.S. sector research.

PVE is an "International Advisory" firm. You don't hire them to find any partner; you hire them to run a Competitive Auction. Their job is to take those early discussions Lorna had and turn them into a bidding war to get you that "Cash + Carry" deal we discussed earlier on this board....If Lorna had tried to do this alone, we’d be worried about her getting 'lowballed.' [and I was!!] By bringing in PVE immediately after the Government signing, she is signaling to the market: 'The asset is now legally safe, the data is proven, and we are ready for the highest bidder.' - so now its a buy more if you can while its cheap, hold existing and wait for further announcements.

Real "Big Buying" usually happens in the weeks immediately preceding a deal, when rumors start to leak or the data room sessions intensify. We are likely in the "Quiet Phase" where PVE is just getting the big players into the virtual data room.

The geological reality of the "String of Pearls" suggests that 7.6% might only be the baseline, especially as deeper basement targets remain untested across the combined Rukwa Basin acreage. By moving toward a "Cash + Carry" funding model, the board can protect the majority of that 83% stake, allowing the share price to reflect the true value of a global helium hub rather than just a speculative explorer. Once the "Funding Risk" is replaced by "Production Revenue," those dizzy heights become a mathematical inevitability rather than just a dream……..

Do you see how the '17% Government Stake' is actually the 'Admission Ticket' to this AfDB capital? Without the government as a shareholder, the AfDB rarely touches a private mining project. By 'giving away' 17%, the Board may have just unlocked $100M+ in debt.

With the Tanzanian Government’s 17% stake now legally anchored, the true valuation of HE1 hinges entirely on how much of the remaining 83% is sacrificed to secure a partner. The "10p dream" depends on whether PVE Consulting structures a low-dilution deal, such as project debt or a "Cash + Carry" farm-in, that keeps the lion's share of the upside for existing shareholders. If the Board protects that 83% by bringing in a partner who pays for the development costs, we aren't just holding a junior explorer >> we are holding a de-risked portion of a global helium powerhouse.

Having said that, I think the board is playing a waiting game: they are pitching the rig as part of the 'infrastructure' to the partner. It's much easier to lease out a house if the lawnmower is already in the garage and ready to go.

HE1’s rig was perfect for the discovery phase. For a 50-well production phase, a partner would almost certainly bring in a fleet of more industrial, automated units. HE1's rig becomes the "utility player" used for maintenance, workovers, or quick appraisal holes. The Predator is "compact and nimble" because it’s designed for high-pressure, shallow-to-mid-depth targets (up to ~2,400m).

I remember Noble saying they were sitting on a string of pearls with HE1 saying they were sitting on the Goldilocks Zone