Member Info for thetriplestar

It wouldnt be unreasonable to think that Lorna will want to become a multi millionaire on the back of this project so I suspect she will be issued more options soon at much lower price around 3p. Does anyone know when the next time is for when BoD issue more options to CEO?

But at 30p its GOOD MONEY - so there is clearly massive incentive for them to get this stock price up....

If the market price of the stock is 30p, then the profit per option would be:

Profit per Option = Market Price - Exercise Price = 30p - 6p = 24p

So, the total potential profit would be:

Total Profit = Profit per Option * Number of Options

Total Profit = 24p * 2,000,000 = 48,000,000 pence

Converting to pounds:

Total Profit = £480,000

Therefore, if the CEO exercises all 2 million options and sells them at the market price of 30p, they could potentially make £480,000 in cash.

To determine the potential cash value of the options, you would multiply the number of options by the difference between the market price and the exercise price.

Let's break it down:

1. **Number of Options:** 2,000,000 options

2. **Exercise Price:** 6p (pence)

Assuming the current market price is higher than the exercise price, the difference would be the profit per option. Let's say the market price is 10p.

So, the profit per option would be:

Market Price - Exercise Price = 10p - 6p = 4p

Now, to calculate the total potential profit:

Total Profit = Profit per Option * Number of Options

Total Profit = 4p * 2,000,000 = 8,000,000 pence

To convert this to a more familiar currency like pounds (£), you would divide by 100 since there are 100 pence in a pound:

Total Profit = £80,000

So, if the CEO exercises all 2 million options and sells them at the current market price of 10p, they could potentially make £80,000 in cash.

Not of lot of money really even with HE1 trading at 10p for these options.

Yes, could be good news incoming -- no director buys - like you say, could be in closed period.

Nil.

Quite telling.

Yeah, why would a rig manager work from home? I would have thought their life would be focused on the rig on site, enroute and in use... any admin etc can be done on site in the cabin with the Ops Management team.

Is there anyone with drilling experience who can shed light on the rationale behind keeping a rig hot stacked without any action for a few months? Is this practice considered standard in the industry? If so, that's understandable. However, if the rig isn't anticipated to be used until the third quarter, does it still make sense to keep it hot stacked? I'm trying to ascertain this because if it doesn't align logically to keep a rig hot stacked and unused for 3-4 months, it might suggest that there are plans for the rig in the second quarter.

Well giving the project away with 3 billion stocks at 0.25p kinda says it all no?

Have you ever considered that Lorna might be intentionally maintaining a low profile to keep stock prices suppressed? By consistently issuing stocks at remarkably low prices, she could potentially be positioning herself to secure further funding at these discounted rates. Perhaps her motives are entirely aligned with the success of the helium discovery, aiming to eventually sell to a larger entity at a giveaway price and transition into a more lucrative career within that major player, particularly focusing on ongoing helium-related endeavours....

Meanwhile the hot stacked rig sits there doing nothing.

Dont be shocked - this is HE1 BoD slopped us with over 3 billion stocks at 0.25p and then tells the long term funders that they need more cash again so start flogging off your load as we need to do it again and we will give you 50%+ discount

retail investors never going to break through that robbery.

For example, lets say Lorna has millions of 7p options - that may give her incentive to not give the company away for under 7-8p - so once it gets up around 8p we are at risk from a Lorna endorsed bargain takeover right?

Maybe Noble restructure will make Lorna re think things and put herself back in charge of Geology and then perhaps Noble will stump up someone for HE1 CEO who is really keen on making some money and promoting the project in a more commercial light.

Do you reckon HE1 will do a Noble style restructure?

Yes the hotly stacked rig of ours should be full time resourced and leased out for the months HE1 is not using it - could charge what they want would be great profits for the project that could be used as cashflow instead of further dilution - but it doesnt look like Lorna (or the BoD) has this business mindset - unfortunately.

Put their own big hitter project head in place of Lorna, offer Lorna Chief Exploratory Officer for Tanzania Helium and that be a wrap.

Ok yeah so if project has a market average value of 50m - 100m even 150m whatever it doesnt really matter cos if they investigate and drum up more probable results giving around 1 billion value (but need more money to do the rest of the work like production, more drilling/ wells, etc etc - dont want to end up with 10-20 billion stocks kinda thing) and they have 5 billion stocks for example, then some big company they probably all be connected, comes in offers 400m to buy the project and deal with the rest themselves - that wouldnt be unheard of right? What do you reckon?

I reckon they will go up a couple more billion stocks over the months ahead - maybe until it is bought out at a premium to last 6 month average market value and that be it. the good news it will be likely higher than todays price so the reality is best to just hold until kicked out by whatever they sell it for.

I agree - why would they be so idiotic to constantly keep the long term funders well informed of whats coming and why and when along with huge discount - only one reason really. They are extremely keen on dilution that is for sure. The evidence suggests that this is very clear. They do nothing to try reduce shareholder dilution, in fact they seem to be screaming out asking for more and more dilution. Not very smart is it.

Doesnt seem to be a priority for this bunch simply by observing their lack of PR and lack of skin in the game themselves. I fear they are going to give the entire project away rock bottom price (but sold at a 'premium' to average stock price last 6 months) and that be it, they keep their jobs and put on their CV: I built up a project and sold it for £400m and for that she gets a point credited, but shareholders - OUCH..