Member Info for Weathergeek

Not a fan of Micro Strategy Star Bright? haha ;)

Will leave BTC convo's for another board. Focus on NCYT undervaluation here!

Search Justin White on youtube. He's done quite a few on this one. Been following since 25p and didn't enter till recently. One that got away.

At least double this and its still conservative... Buy hold.

Cash is hard one for me. Sometimes its better not to have it. It certainly doesn't get valued correctly for me. What a business does with it is more important.

1. Nothing, sit on it. It's then actually devaluing.
2. Acquisitions, buy up competition and become more dominant.
3. Invest in R&D and product development.
4. Pay a shareholder dividend.
5. Buy BTC

Could carry on with ideas but all of these have very different outcomes to the future of the business and therefore cash is never valued correctly in listed companies. What they do with it can change valuations.

We have around 100m so put it in the equation wherever you want. To many variables for me.

Not at PE of 1.6
That's a P/R. Price over revenue.

If we take the 100m guidance. Say 45% EBITA. £45m earnings.
PE of 10 would have a £450m market cap.
PE of 20 which is more industry standard £900m. More than 3 times current SP.
PE sits just over 4 for this year.
Insanely cheap.
GLA

https://www.marketwatch.com/story/tesla-stock-drops-after-reports-of-nhtsa-investigation-into-autopilot-system-after-crashes-2021-08-16?mod=home-page

In UFO as a silver play, like the gold ones... waiting waiting waiting..

Any good listed shipping companies?

Well over that now with BELL doing so well. Glad to see we have stabilised in the early to mid 20's. Onwards and upwards..

I think the new thing is just to talk about it, no action actually happens, people just think they have as they talked about it. Standard GOV practice..

Either way, MHC have come out looking rosey.

Helium news due 8 weeks from July21st..
Still printing all the buys as sells.
Got 5m now and not one has been shown as a buy.
Dead BB too by the looks of it.
Will it be a good HE1 RNS that brings the herds? I think so.

62% forecast drop. More to fall?

Green and climate back on news more. Less covid. Greens on another bull run?

https://www.lse.co.uk/ShareChart.asp?sharechart=QFI&share=Quadrise-Fuels

Bottom hit? Volume jump

Bit more digging and looking very nice here for re rate potential. Also come across EML, production this year with Potash and going under radar.

Helium update after more research...

HE1@ 12% Mt Kitty
HE1@ 6% Magee-1

100% Ownership in EP-145 Through recent placing

Cash generation from Falcon, Stanley and USA assets.
Acquisition of Nadsoilco LLC speeds up production and gives more control of USA assets.
Broker note expects over £2m cash end of 2021.
Looks like fundraises not needed for a while.

Interest in EP-155 - Georgina Energy plan IPO to raise for their interest. (I bet way over MSMN current market cap)

From RNS buying 100% of EP-145

Until relatively recently most of the Helium resources were supplied by the US, however, Australia is currently one of the leading producers of Helium, producing 3% of the world's supply and holds significant potential resources to expand production.

The Bayu-Undan gasfield located offshore in the Timor Sea is a source of Helium to the LNG plant in Darwin. The Helium accounts for 0.1-0.3% of raw feed gas and after processing comprises A grade liquid Helium.

Two wells have drilled into the older Proterozoic stratigraphy of the Amadeus Basin and both have encountered naturally occurring helium gas. The first well, Magee-1, drilled in 1992 flowed gas containing 6.2% Helium from the Heavitree Quartzite which directly overlies fractured grantic basement. A second well, Mt Kitty-1 drilled in 2014, encountered gas within fractured basement, containing up to 12% Helium. These extremely high concentrations are amongst the highest in the world to date.

Helium production has been primarily associated with natural gas production these high concentrations observed in the Amadeus Basin may be sufficient to enable helium extraction independent of natural gas (Waltenberg, 2015).

I'm buying more today. Wonder if it will still print as sells.

Netflix - My Octopus teacher

https://www.youtube.com/watch?v=3s0LTDhqe5A

Awaiting these results..

EP-145 Airborne Survey Completed



Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, has completed the airborne gravity and gradiometry data acquisition over permit EP-145 located in the Amadeus Basin in Central Australia.



The survey is a significant step in the exploration programme for EP-145 as it is the first time data will be acquired for the whole permit and will provide valuable information across the entire 818 sq km permit area. Current subsurface seismic data is limited to the NW and central part of the permit and existing regional gravity data is too sparse to provide sufficient detail of the complex salt related structures which have been identified as hydrocarbon and helium leads within the permit. The survey uses the high resolution Falcon Airborne Gravity Gradiometry System which has the ability to image salt and subsalt geometry across a range of depths. The technique measures the density contrast of the different rock layers with a higher level of resolution and sensitivity than standard gravity tools, improving confidence in the interpretation of high density and gravity features including salt related structures. The Falcon system has been used to successfully interpret drill targets across a variety of geological settings around the world including the Canning Basin Western Australia. The survey was completed by Xcalibur Airborne Geophysics (who recently acquired CGG Aviation (Australia) Pty. Ltd.).



Mosman has contracted Geognostics Australia Pty Ltd. to interpret the geophysical data who will integrate it into the regional basin model, which is estimated to take approximately 8 weeks and cost c A$82,000. Geognostics are global experts in producing SEEBASE® - a depth-to-basement grid and structural model that defines the geodynamic evolution of basin systems through time. They have considerable expertise in the Northern Territory, having recently completed an integrated geological interpretation over the entire state (AGES conference, 2021, www.geognostics.com/nt-seebase)

Lock in period certainly helping push the price up nice after float.

£131m Market cap. Wonder what the nav will be when we hit £1. Probably 3/4 that and hype and fomo push to £1. Take some profits if it gets there.