Member Info for TrekMadone

Spot on Dicko! It’s why I am staying in and sometimes having a contrarian view can yield the highest rewards or losses but that’s what these high stakes plays are. Pick one where as much as possible the odds look good!

There’s a fantastic opportunity here and then they move to Rudyard and add proven helium to reserves!

With results at both those current broker targets could be achieved as they will have to issue new higher ones. That’s how it goes!

Usual caveats

Trek

Hi Synapses,

That’s a good spot on SSPG, I have a few to trade there now and will be adding more. Not as an investment but I see a gain on their second half numbers which should see the SP run up to the finals in Dec.

I had JD in my sights as well (posted here earlier) but opted for SSPG. Really should have gone 50/50 but I think JD still has plenty of legs so will see how it goes.

HEX, just gotta wait. Can’t think of one expo play that has had exceptional results this year. Due one imo and HEX could be it!

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Trek

SSP motoring now since lunch.

+200p target. Footfall in airports are up. They dial in the numbers in second half. SP been at bottom of bath tub for ages.

Break 180 this time and could go way through 200p to 220-240 imo.

Usual caveats

Trek

Hi Lord,

I have a very good feeling about this one having read all there is in the public domain.

I have nearly 500k shares all bought with trading profits this year so I figure I have options with 2 drills and 7 horizons. My average is also low.

I also wouldnt be surprised to see a debt package / JV announced here on any success which could significantly rerate the stock. Bo has the contacts. Look at how easily he had the rig lined up!

The sensible thing though is to take profits rule 1 and 2 absolutely!

With hindsight I should have slice some at 25p but I figure they will go back above that again.

I am going for a big one here only because it’s profit but I wouldn’t recommend anyone else doing the same.

I have MSMN AT 0.034 and also VOY.PL but that’s a longer term RTO helium play. I looked at GEX and as I posted here, and good luck to holders but I didn’t like the OilCo deal and the 65% fully diluted share holder. There’s always gonna be selling issues there and I have been v surprised at the trading levels here with a much better capital structure!

I made a killing on some other plays this year and my insurers which provide me with income are all well ahead now. Also I have a big position in SEPL which is way up from 100p and I recently sold a load of DEC at a +40% gain, still have a few there for fun.

So yep defo follow those two rules. But if this was going way lower it would have done so buy now.

I think soon there will be risk money heading here.

You know the few hundred to a few k just on the drill. But tbh other than buying here early I haven’t called the trading patterns here very well at all……Yet!

Good luck!

Usual caveats

Trek

I get it, all these institutions putting millions into these basket case companies that MFAI have a share of. Crazy eh!

Trek

Not sold any and I hold a substantial amount.

I am defo an idiot but let’s see!

Trek

I think watching the price and the news isn’t a bad ploy.

For now I wonder how much of this rise is attributable to US buying. With the DOW looking peaky, rates and treasury yields falling there has to be a point when London yield simply cannot be ignored.

The politics here in UK is ‘stable’ for 4 years and Brexit is well in the price now. Last inflation data may just be a blip but point is rates have been cut and unlikely to rise.

Many here with sub 500p averages, self included, must be chuffed!

Just need the world to get along!

Usual caveats

Trek

Last orders under 20p!…

Sp moving up on low volume. Will be happier when we get some buying volume though!

When there is a seller(s) the MM has to reduce the SP to a level that will attract buyers and clear stock.

A min sp will be set by the seller and they would be looking for an average price higher than that.

Like I have said before it’s likely the MM’s are now long here. Being traded on SETSqx they manually step in with liquidity.

There is no reason for the SP decline other than the seller(s) that are grabbing the liquidity to derisk or just need funds.

The MM’s will very likely gap this up.

So it could go say from 20p straight to 23p meaning there is little opportunity to buy in between. So the stock they have grabbed at 20p or less some from panicking punters they will need to pay 23p for it!

Traders that sliced at +25p may also be looking for signs that the selling is done before re-entering for another go!

There will be plenty more shuffling ahead in anticipation of news!

Meanwhile on the ground. The drill is spinning and it’s burnt a heck of a lot less cash than we expected!

Usual caveats

Trek

Heading back to 1 year high, 560, after what we said was a little market tantrum over us rates.

I like many added on the pullback here and at MNG, DUKE, LGEN, SEPL and DEC.

All boring divi stocks at what I considered a good opportunity on the pullback. Now all up.

Question is should one now bag profits expecting ME sabre rattling to turn nasty or wait for divi’s or do 50/50?

That imo is the big question atm. More so than the under appreciated Phnx balance sheet and prospects!

Trek

And eqt gonna have a little run there as expecting cash. Buy now sell into the we have cash RNS imo! Naughty!

Then wsbn, what a basket case. When will the aimers ever learn. A raise there if he can take the ps one more time or just curtains! Oh they will probably head over to Ecr. More growbags full of gold there! Another mining con!

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Trek

An interesting infographic on the impact AI is having on energy consumption.

https://www.visualcapitalist.com/charted-big-tech-uses-more-electricity-than-entire-countries/

Posted as was discussed here before.

Trek

Well I wouldn’t be surprised if the MM’s were now opening long positions here under 20p.

It’s all conjecture on my part but it looks like the profit takers have been in early. The norm of late on resource plays has been to take profits between spud and run in to TD.

With so few shares and difficult liquidity they may not have been prepared to wait and compete with any PI profit taking so grabbed their bag while they can.

We have seen consistent delayed trades and only two end of day UT trades. That indicates buys have been matched from the seller(s) pool.

I am of the opinion that the Sp catalyst here could actually be as ‘simple’ as helium concentrations being materially above the commercial level of 0.3%.

A readings say speculatively of +3% which has been seen in this geo could have a material impact on the commercial metrics.

If we get such an RNS then it’s possible the SP will gap up. Win win for the MM selling 20p shares back substantially higher.

From the MM risk management pov, any rig issues should be quickly fixable especially given the reduction in HH rig counts of late. Spares are a plenty and most moving parts are made to be swapped out in situ.

As for the geo, it’s been pointed out in the RNS that this is really an appraisal well.

As much as an end to the selling which should happen soon a premium Helium show of +3% could really catch all out!

Usual caveats

Trek

Char placing shares listed. You could have got in below 6.5p after the announcement.

Sp now 6.8p. Will there be another chance or was that it?

50/50 buy….

Longer term SP should now go north imo….

Hex clever profit takers started early whilst there was liquidity as nowadays folk sell in run up to TD. I am still 100% in.

I get the feeling this one could really catch folk out to the upside on gas concentrations way above the commercial 0.3% Helium . As an appraisal well it’s the % and flow rates are the risk. Given a well 200m away has flowed that really just leaves the %.

Any rig issues can be fixed in a blink. There’s spill galore esp with US rig count down so much!

Usual caveats

Trek

ESG gas flaring & LNG in news

https://www.thisdaylive.com/index.php/2024/08/12/seplat-energy-says-company-on-track-to-end-routine-gas-flaring-next-year/

Trek

And all under budget!! 2 wells 7 targets. 25m mcap only 124m shares!

Peer comparisons are at a much high SP even historically back at this juncture.

But also we are operator, 100% owned, which is not the case for all explorers. Directors shares are locked in to these drills which is a huge vote of confidence.

Drilling started yesterday and obviously today’s RNS was prepared days in advance. Hence it contains very useful information on CLINK which is actually an appraisal well as gas has been found 200m away but it hasn’t been appraised.

Rudyard is also an appraisal well as Helium has been found but hasn’t been sufficiently appraised.

Yet the market, and understandably so, values us as a wildcat exploration well.

The SP continues to provide opportunities as some HNW/insti’s take profits early. Probably because they have grabbed the liquidity which may not be there later.

But at the end of the day the drill will decide.

As far as share price and chance of success goes for huge upside against even 50% of the broker targets on a commercial find of only +0.3% helium, this is about as good as it gets!

Apart from the 7 targets we also have a massive opportunity in hitting higher grades which could have an exponential benefit to the SP!

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Trek

Trr have a bid Tro, I held and managed to sell a few days before!

Trek

O/T but an interesting infographic nonetheless. Shows how competitive the AI space is.

https://www.visualcapitalist.com/ranked-top-companies-by-generative-ai-patents/

Trek

This is holding up extremely well. I have been waiting for it to go below 1p to add more.

The placing shares were listed on first August and there really hasn’t been a huge amount of volume which indicates to me they are holding rather than flipping.

Under 4m mcap and under 400m shares and a 50% NAV discount indicates to me risk is to the upside at this sp.

One IPO with two investments from a pf of around 14 looking very likely could release a bonanza cash pile for us!

Gotta be in it to win hence looking a pretty good tuck away for wait and see!

Usual caveats

Trek

Got yourselves a tick ladies or gentlemen or whatever!

But winner goes to nom, data backed intuition. Well done!

V impressed!

5 ticks! Don't spent em all at once!!

Trek

Which country uses the most energy per capita?

Ok who thinks USA are in top 10??

Thank about it…..

https://www.visualcapitalist.com/charted-the-countries-using-the-most-energy-per-capita/

I had it wrong!

Trek