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Paulb, could you explain then why the directors decided to throw some more money in and buy more shares recently?

Based on this tweet (see below), I think it will be Friday at the earliest!

Andrew Scott

@AndrewScottTV

·

May 12

"#QHE The crew putting in the hours as they work through the Leadville testing program #Helium"

No it's not me personally, it's just from the Chat! No offence meant.

Yes — the core idea is correct.

Your original sentence:

“The flow rates will be published and the Helium concentration will come back from the Labs to be included.”

is understandable and broadly accurate in context.

A few small improvements:

“helium” and “labs” normally wouldn’t be capitalized.

“come back from the labs” sounds conversational rather than technical.

A cleaner version would be:

“The flow rates will be published, and the helium concentration results will come back from the labs for inclusion in the final assessment.”

Or more naturally:

“The flow rates will be published, and the helium concentration will be confirmed by laboratory analysis.”

Substantively, though, yes — that is how these testing programmes generally work.

Supported by details of a possible JV we hope! GLA.

What investors would REALLY look for

The market will mainly search for:

A) Flow rate

Can it sustain commercial production?

B) Recoverable helium

How much helium can actually be produced economically?

C) Resource classification upgrade

This often drives re-rating.

D) Economic viability language

Phrases like:

“commercially viable”

“economic development case”

“supports field development”

would matter enormously.

What the report probably will NOT say

It probably won’t say:

“guaranteed commercial success”

“world-class field”

“major producer”

Engineering reports avoid definitive hype.

The most bullish realistic outcome

Something like:

“Extended testing demonstrates sustained gas flow and helium concentrations supportive of commercial development, with sufficient recoverable resources to justify further field development planning.”

That kind of wording would likely be interpreted very positively by the market.

Come on, who fired it?

Remember last time we had a real troll central fest going on, the share price zoomed a bit, well may be we're about to go there again :)

Looks like it's troll central on other forums today as well. Staying off until we have a sign, anything, down to you Board, this is getting tedious from troll central.

And now for the real version;

Quantum Helium secured around £5 million from institutional and sophisticated investors seeking exposure to the US helium sector. The funding should allow the company to properly finance the Sagebrush testing programme and bring in experienced technical support. Institutional investors would also likely have conducted significant due diligence on the project before investing, although that does not guarantee commercial success.

Please can you put out a tweet to stop this nonsense from the non invested? a photo from site, anything, a picture of Sproules offices, an emoji, anything, because this lot who are working this forum to either try and purloin shares or to get in lower are becoming massive irritants to those who have sat here invested and will remain so. Thanks.

Anyone get the impression the comedy tag team Brewster/Wallace/PaulB are back under different handles. Who do you think you're fooling guys?! I think we get the measure of you.

Someone on here said the company have already been in talks about a JV operation.

Positive signs

The helium grade is strong

~2.76% helium is genuinely good by industry standards.

Many helium projects try to commercialize at lower concentrations.

Historic testing looked encouraging

The company said the well encountered ~94 feet of gas pay and was “still building pressure” during earlier testing.

That matters because pressure support often correlates with better deliverability.

They already have a drilled/cased well

This lowers cost and execution risk compared with a fresh wildcat exploration well.

Existing infrastructure

Oil production and facilities already exist in the area, which can materially improve economics.

They’re now targeting the key interval

The Lower Leadville perforation is described as the “primary helium-bearing interval.”

source: the Chat

Nozzle, 1994 was over 30 years ago. So much has changed in the world of geology since then at the methods and chemicals used to get stuff like this flowing at peak volume. 1994 is so so out of date!

If you're truly invested, you don't rubbish your investment by talking it down. We all know it makes sense!

Does that 11,111 which I've seen a number of times on here and elsewhere, is that code by a trading gang for the sp about to rise?

Nice 32 million buy there, and so cheap!

Hope it wasn't Paul!

Paul's in the sin bin it seems! :)

I think investors need to start manifesting - need a few chants, repeat after me, "this will come good, this will come good", come on folks, let's get in to the mindset.