Member Info for Xenor

Hebridean9, the price drifts down because people like you sell out on the news. So other people should hold before you decide to? Yeah right, the problem is they are all sat there thinking the same as you whilst praying the price falls to new lows. There's a reason people like Suhail show up on Twitter after news posting crap 24/7 and then suddenly disappear as the price starts rising off a low. People with agendas.

You will probably be right about the spikes on news. As I have said before the news flow doesn't matter because it is sold into. The only thing that will take this to sustainable new highs is when IIs and funds decide to invest and they could arrive at any time rather than on specific news. What the news does is give them a reason to invest. Successful JR and finance should help with that, but I suspect some will wait until we have a better set of results or a forecast for profit. IIs don't jump in on a ramp or news spike.

Successful JR or not there will be plenty of upside potential here just from the rest of the business.

Kaeren I am one of the admins of the telegram group. Not the owner however. I can confirm that I have not kicked anyone. Although that has its downsides as we have lost several good posters over trolling and deramping that can't be dealt with. Those types have since disappeared, guess they got their buy ins at 12p.

The changes to the forum are awful. I agree completely on the ordering of the posts. In a forum I expect the latest posts to be at the bottom, not the top. And only showing the latest five without having to click a link, why?

I also find that I have to constantly change the display back to threaded mode as well as it keeps forcing the message view on me. After they first changed it, clicking that would ask you to login, except the login page it takes you to is broken. You have to login via the main login page. The website layout is ancient as well, looks like something from the early 2000s.

I don't think I would miss these forums if they died, most of the boards are full of people with agendas trying to get other people to buy or sell shares for their trades. Telegram is a much better platform for discussing shares.

I am sat here relaxed after the presentation a couple of weeks ago. Just got to sit and let this one grow. Funding, JR, new contracts and a positive business update all expected in the coming months. Share price appears to be consolidating around 17p as it did recently around 15p, ready for the next step up.

I think a sale of IM would be a mistake. Yes we might get 50m cash but I don't see that doing much for our investment other than a sharp spike on the day of the RNS that will be sold into heavily by the traders. We'll end up back at the share price we started the day on within a couple of weeks. And then what, less debt on the books. I admit that is a positive as well, but the debt as is will be very manageable once we hit these 400-500m revenue figures JW has mentioned for a couple of years from now.

For the alternatives, I do see it being very expensive to develop ourselves. Hundreds of millions. Likely funded through the National Infrastructure Bank. Presumably this loan would be against the Island Magee part of the business only, and not the wider HARL group. So less risk if we were to take it on. It would have to fund and pay for itself, and likely take quite a few years before it becomes profitable. But once it does, we'll be a very profitable business.

The other alternative is the farm out. Retain 25-30% and let some bigger fish develop the caverns for us. Less debt overall for the company, and allows us to see profits earlier.

I'm not sure which of those I prefer, just definitely not a sale. Maybe the numbers need to be made public as Kaeren suggests. Then have a shareholder vote on it. Unless we trust JW to make the correct decision.

As for the article, not a load of rubbish. Just one person's opinion, and a well written article.

Stop panicking. Some traders were all over this first thing this morning. They got their 10% and ran. 18p is the current "resistance point" where these people decide to jump out. Soon they will be doodling charts with lines at 20p to suit their agendas for the next ramp.

Nothing has changed today. JR went well.

Broomtree I'm not too concerned about the share price. Reality is this JR was all over the trader channels on Telegram and people were jumping on it for a quick buck. As soon as they realised that the outcome may not be known for up to 8-12 weeks (it could happen sooner as that's the average) the traders were selling and down we went. They were selling regardless so no big loss.

I listened to the JR today for quite a bit of it and I agree with the posters above. Very positive and I think we're in a very strong position after today's session.

"Ofgen will announce the energy prucung, for UK households, from July onwards. This is likely to be 30% lower than the April pricing"

I'll believe it when I see it. They will find any excuse to keep the prices high, just as petrol stations are doing following the drop in oil price. They wouldn't want their record profits to suffer. Expect them to pass on a little bit - perhaps 10% to make people feel like they're getting a good deal and not complain.

Mine broke as well.

I took some this morning (small amount) at just under 11p. Best time to enter a stock is when everyone is panicking and talking ****e on these boards. Been watching it for months and thought I had missed the boat after it had doubled from 0.12. Patience will reward here.

I thought Friends of the Earth were backing them? They have plenty of resources.

I'd be surprised if it has anything to do with H&W. It's an old ship with a poor track record. If I take my car in for a service and the engine catches fire a week later that doesn't mean the mechanics at the garage broke it.

There's no reason we couldn't become as big as Bab**** eventually. But I don't see it within the next 10 years. Maybe even not in the next 20. How long do you plan to hold this for to see £8?

I agree Lottie, profitability is important here. I don't see the big re-rate everyone is talking about until evidence of profitability is confirmed but it won't instantly jump 500% so I expect a slow build up over the next couple of years as the good newsflow rolls in. A solid 2023 hitting or exceeding revenue targets should restore confidence that the 2024 targets are realistic.

Yes, I agree FSS is not the holy grail. My point was that the FSS contract alone is worth more than the 29m market cap. So in theory the share price should not be plummeting if the JR is unsuccessful because currently IM has no value priced in. One could even argue that FSS has no value priced in either. The company should be breaking even on non-FSS contracts before we start construction of FSS if the time line of 2024 break even is to be believed. Whichever way you look at it, HARL is monumentally undervalued.

"If it goes with the tree huggers, I guess the SP will see 13-14p."

That would be so typical of AIM. Nothing of IM is priced in... Until bad news.

How much of our 29m market cap do you attribute to IM vs the FSS contract and the rest of the company? I would have thought the FSS contract alone is worth more than 29m.

We definitely need to move to main market, but I figure JW will wait until we're breaking even or making a profit. It's probably a year or two off.

JW mentioned as far back as November that he was working on multiple large contracts due to materialise in the next couple of quarters.

I wonder if the 15m warrants at 6.2p will still apply for Astra when the debt deal finally goes through. One would hope they have renegotiated that part or gotten rid of them.