London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Always good to have directors interests aligned with ours too. https://gb.wallmine.com/lse/prem/officer/1907255/neil-herbert https://uk.linkedin.com/in/jeff-clarke-4b75156 Both have decent holdings. Nice to see some oil and gas experience in there too from Jeff Clarke. I like the profile of this company and I do think, if lucky, we should all get our rewards. There are clearly lots of unknowns. Ie how the helium flows, ie rates of collection, how the geology influences flow rates over time, purity vs cleaning / separation costs, some of which hopefully they either know already or someone has answers… Back in profit, nearly… come on HE1. Ps - tight *rse Minchin needs to buy a few more. I’ve got nearly as many as him! GS
There’s been so many new posters on our board, they mostly post, very constructive information. I agree totally with Wyndrum, if you’re on the ride, who cares about the current SP, it’s not going to slide.
Good news awaits us, til then, just chill, it’s going to be massive IMHO.
Very True Noob; as a novice investor 18 months ago the posting was first class and I learnt a lot. Still so much to learn though so hoping we can get back to analyzing the specifics along the way. If noting else the RNS yesterday reiterates the potential, its hard to model what this might mean in terms of discovery and production but it is abundantly clear to me that the money I have at the moment is safe (as much as you can use that word), its more at risk from dilution IMO but then I am not looking to make the money invested work for me elsewhere, this defines asymmetric investment from my perspective.
I'm very long on this, I like it, happy with the progress; please don't worry about my investment its my money and my responsibility. The rest of this stupid posting by some dubious characters, it's just noise and some of it is just farcical. Looking forward to seeing this develop over the next 12 to 18 months and looking forward to informative dialogue in due course. Have a great day and GLTA (well nearly all).
This is a froum of FREE speech - AD JUST FOR YOU if you don't understand that it's basically he PRO's 7 CON's or as I like to call it both sides of the coin.
You do know how they block people here so they can't com back online ISP address's (Various) one via your connection provider, your computer/ device ID chips (even if you hide them) - So JUST a tip, DON't be stupid throwing silly words around, because the only way you can get back online is to buy a new device/ computer and get a new mobile/ land line number. TEST it out if you don't believe me.
Like you, I've been a long-term holder here since spring last year. I got caught out by the results and my only gripe is that the Tai-2 felt like an opportunity for "those in the know" to off-load during the week before the RNS was announced that they were completing the drilling campaign. How those in the know got to hear about the outcome of Tai-2 before us mere PI's we can only speculate. Was it their broker, someone within HE1 or Mitchells? As annoying as it is, it goes with the territory of PI investing - we are seen as cannon fodder but if we don't like it, don't invest.
I also don't believe DM was ramping (just very enthusiastic) as I know from 2 unconnected sources that HE1 were very confident they had the discovery - just waiting to get the results from the wireline which we all know why that failed. The fact that the hole was a washout is irritating and I took a large loss, but I've held my shares since then as I have confidence in the project.
They are focused on an oil and gas rig to drill two or three deep wells, hopefully targeting traps below the thick upper Karoo claystone seal. Depth of these reservoirs around 1000 metere. One of those will be at the TAI structure. That failed (was not a discovery) because technical bore hole reasons, not for geologic reason. If the find a conventional reservoir with a good seal and has right porosity, permeability and pressure to produce commercially, then they know exactly what kind of plant to buy and how to transport helium to Dar Es Saalam
The drilling of a few holes into these shallow structures in the lake bed within a few hundred meters of surface is a a bit of a side trip, very interesting but they would have better define and test them and figure out how long and at what volume they would flow and what kind of strategy they should use to use to produce them commercially. I am all for this, it is cheap, it is interesting, it could possibly lead to production quickly. But they also have to keep laser focused on best path to commercial discovery and production and sales.
This sleeping giant is awake again, solid support and a great RNS. Widespread helium charge and migration across all three basins. Sounds like they could drill anywhere and be unlucky not to hit gas, with the right drill of course but maybe they will concentrate on shallow depths now.
Yes indeed.. substantial reasons to expect continued upward trend for the next few months as news is drip fed out. 2D seismic results, then detailed drilling plans, then drilling, plus deals with potential partners (ref mou mentioned in today’s proactive interview). The fact that 2022 was mentioned as ‘The Discovery’ year at the end of the interview does give investors plenty to get excited about. I still trust DM to deliver, so I’m holding tight after averaging down considerably last year. Good luck fellow gas hunters. GS
The share price is edging higher and the seismic survey data is looking superb, they have identified multiple additional surface helium anomalies at Rukwa, Eyasi and Balangida
This is fantastic news. Not sure why apart from a few idiots daft enough to try and short here why a select few have now joined this chat Board and want to try and talk it down. Just basic logic would dictate that the SP was oversold down to 7.5p people started adding mainly around the 8p with many in the 9 to 10.5p range, so unless these investors now want out to sell at a loss or for practically money back this isn't going to go back down. I think the Zac Mir initial call of 14p then move to 20p and onwards is probably about right.
Plus, frankly i'm pleased the spread is wider. It helps put off short term traders who are just in and out for small margins. Hopefully we build an even stronger longer term investment base.
BUT, lets get some perspective here, the licensed area that contains Helium for extraction is 4,500km2 - That my friends is a F'cking BIG area to be blunt.
Just for perspective the Isle of Man is 572km2. The isle of Wight is 380km2 - so we are talking an area 12 times the size of the Isle of Wight that contains Helium for extraction. WOW
Now, I can't know how commercially attractive this is but based on todays data and a desire for the big players to expand further towards greener projects i would say that HE1 is seriously hot property now. I would be VERY surprised if a move isn't made soon and further it would not surprise me if a position is being built and a TR1 drops - its a total no brainer.