Member Info for Toffers

On that RNS! GLA.

Been so busy sorting out more NHS blunders that I've just tuned back in and see on my account that one that sounds like alert for it's ticker is moving up a fraction. At least there's a tiny bit of blue after months of nothing!

Is anyone actually making any money anywhere? it seems like the markets have given up on hope, I've never seen it this bad in 20 years+

"Based on the latest public information, yes, Defence Holdings (ALRT) appears closer to winning a Ministry of Defence contract than at any previous point, ............"

"If your question is "Is ALRT about to land a defence contract?", the evidence currently points to "possibly yes". The strongest signal is the publication of the UK Government transparency notice naming Defence Holdings in connection with a proposed MoD award. However, until the MoD completes the approval and procurement process and a formal award is confirmed, it should be viewed as a high-probability opportunity rather than a secured contract."

They cannot hold anything that is price sensitive back, to suggest so rooferman is absolutely ridiculous, as it would be in breach of AIM and FCA regulations.

Morning all, it's become a trading share now for the time being, so top up on lows and wait for the usual gangsters to then find a way to create a rise! But on the consolidation, I expect a JV partner, and this is me guessing, has said they'll come on board, but only if the shares are consolidated as I suspect they will want some shares in lieu of payment, so there will have to be consolidation to enable us to take on board a JV partner or a bigger slice of funding to bring the other wells on board quickly. Just my thoughts, but it would seem logical to me.

Still holding, but amusing myself elsewhere whilst we wait for further news :)

A few positive indicators:

RC Fornax has already secured contract extensions from an existing Tier-1 defence customer, suggesting at least one major client is continuing to use its services.

The company has said it is in advanced discussions on major agreements with defence primes and has been adding new defence-sector clients.

In its recent interim results, it reported progress toward a major framework agreement with a top-seven Ministry of Defence contractor and stated that another prime-contractor framework was on track.

Management has repeatedly highlighted increased customer engagement following the UK's defence spending plans and strategic review.

courtesy of the chat!

Gone through at 8.06am, someone is confident :)

Maybe_tomorrow that made me giggle :):)

Paulb, don't be absurd

Onwards and Upwards. Let's see what they produce next, as this will be the crucial bit! At least we now know it's certainly not a duster!

Just seen, HL sent me an alert notification at 7am for the RNS which I didn't see, but London Stock Exchange have the RNS timed at 7.45am! How bizarre!

I agree with that reaction, I think they are going to try and stimulate the hell out of it, what have they to lose? the question in my mind is, would be worth them calling in reinforcements to assist???

The positives;

Helium appears present.

Gas composition looks similar to the historical discovery.

Reservoir communication exists.

Testing continues.

No obvious disaster.

But yet to be proven;

Commercial flow rates.

Sustained production.

Recoverable reserves.

Economics.

Therefore, moderately positive, because it reduces the risk that Sagebrush is a dud, but it does not yet prove commerciality. The next RNS after the fracture stimulation is likely to be the big one that matters most, because that's when investors will be looking for actual production performance rather than engineering progress and so we remain on tenterhooks for that next one which could follow on pretty quickly.

For someone who is bullish on Sagebrush, the best line is probably the confirmation that the gas looks very similar to the 1994 helium-bearing gas. For a sceptic, the key observation is that the company is still talking about reservoir evaluation and stimulation rather than reporting commercial flow rates.

Have concluded that the results obtained to date support progression to the next phase of reservoir fracture stimulation. The planned programme is designed to establish communication with undamaged reservoir beyond the immediate wellbore area and provide a more representative assessment of the Leadville Formation's production potential. The Company believes this next phase of testing represents an important step towards evaluating the reservoir's commercial potential.

The Board is encouraged by the technical progress achieved to date. The extended production test has successfully generated valuable reservoir and pressure data which is helping to refine the Company's understanding of the Leadville Formation and guide future development planning. The next phase of fracture stimulation and testing represents an important step towards evaluating the commercial potential of the reservoir.

The Company notes that Sagebrush-1 was originally drilled approximately 30 years ago. Whilst technical and operational challenges can occur when re-entering and testing wells of this age, the successful resolution of these issues has allowed the programme to advance into what the Company considers to be an important phase of reservoir evaluation.

Howard McLaughlin, Chief Executive Officer of Quantum Helium, commented: "The extended production test continues to generate valuable technical information and has significantly improved our understanding of the Leadville reservoir. The data collected to date supports a progression to a larger fracture stimulation programme designed to improve communication with the broader Leadville reservoir and provide a more meaningful assessment of the formation's production potential."

Importantly, the programme has generated exactly the type of reservoir data we set out to obtain. Every stage of testing has improved our understanding of the Leadville Formation and helped define the most effective path forward. The information gathered so far is helping us optimise the programme as we work towards evaluating the commercial potential of the Leadville Formation.

The planned fracture stimulation work is designed to enhance connectivity with the formation and should provide a much more meaningful assessment of reservoir performance. We are encouraged by the results obtained so far and believe the programme is advancing into a particularly important phase.

Preliminary gas analysis has also been encouraging, with the raw gas encountered during the current programme showing close similarities to the gas analysis obtained from Sagebrush-1 in 1994, which previously indicated helium content of 2.76%. Whilst further analysis remains ongoing, this represents another encouraging outcome from the programme to date.

We look forward to updating shareholders as operations continue and additional data becomes available."

Quantum Helium Limited (AIM: QHE) is pleased to provide a further operational update on the ongoing extended production test at the Sagebrush-1 well in Colorado, USA.

Highlights

• Extended production test continuing at Sagebrush-1

• Initial acid injection programme successfully completed on the upper Leadville zone

• Technical analysis supports progression to the next phase of reservoir stimulation

• Planned fracture stimulation designed to enhance reservoir connectivity

• Preliminary analysis confirms raw gas produced has close similarities to gas analysis conducted in 1994

• Further operational updates expected in due course

Operational Update

Operations continue to advance at Sagebrush-1 as the Company progresses the extended production test designed to evaluate the commercial potential of the helium-bearing Leadville Formation.

Over recent weeks, the Company has undertaken a number of testing, monitoring and acidization activities designed to evaluate reservoir performance and optimise the forward testing programme. As is common during complex testing programmes involving historic wells, certain operational adjustments were required as the programme progressed with testing of the lower Leadville horizon appearing to have been impacted by the performance of downhole testing equipment, requiring additional operational work before testing could continue. These matters have now largely been addressed and the Company has successfully advanced into the next phase of reservoir evaluation.

Following completion of this work, the Company successfully carried out an initial acid injection programme on the upper Leadville dolomite interval at approximately 7,250 feet depth. During the treatment, the formation accepted fluids at increased injection rates and pressures relative to earlier operations, providing encouraging indications regarding communication with the reservoir. The pre-stimulation programme was designed to improve near-wellbore reservoir connectivity and reduce historical formation damage.

Initial engineering analysis indicates the treatment successfully extended beyond the immediate wellbore area and established communication with the targeted reservoir interval, providing valuable insight into reservoir characteristics, response to acidization and the effectiveness of pre-stimulation techniques within the Leadville Formation.

Preliminary gas analysis has confirmed the raw gas has close similarities to the gas analysis conducted in 1994 (which had previously indicated helium content of 2.76%).

Pressure build-up monitoring undertaken following the initial pre-stimulation programme has continued to provide valuable insight into reservoir characteristics and behaviour. The information gathered has helped inform the design of the next phase of operations and further refine the Company's understanding of the Leadville reservoir.

Based on this work, Quantum and its technical team have concluded that the r

Posted

Morning all! Another day closer. Remember, those institutional investors approached the company for their shares! and the directors put more skin in the game as the EWT got under way!