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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
Well said Paul
GLTA (well nearly all)
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.
GLTA (well nearly all)
ITV
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).
Khalid the floor in your logic, is that had there been a dramatic rise with no supporting news then at least there would be the chance of a Pump& Dump scam
However as the rise has been supported by a bullish RNS it therefore does not follow that the SP will fall to the levels (that seem quite arbitary) you keep posting.
Why 8p? why not 7p or 6p or 5p?
Either there is helium there that can be commercially exploited or there isn't. If there is, then in the short term 10p is cheap and so probably is 30p. If not then the shares are all but worthless.
This is a binary tock, so make your mind up.
Its all or nothing
Where are you admin? Khalid needs banning asap.
Alternatively, strap him to a large Helium balloon and let go!!
Hi Noob.
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.
I think this year will be very rewarding.
GLA
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.
Agreed
After the sp bombed last time, I think it will be a little at a time and hopefully all positive.
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
@Goldstinger
Nice find, So added supply pressures in the market to add to the mix, upside potential here could be stratospheric.
@Dixywrecked
Not sure about a 50p open tomorrow but we could certainly get there
Mind you, nobody would be complaining if you were right. Well apart from anyone short. Take Care
Nice post Porky9. Couldn’t agree more.
Also https://www.gasworld.com/kornbluth-latest-amur-fire-tightens-helium-supply-for-2022/2022514.article
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.
GLA
i don't really care what you say im holding.
*Thinks* Zac or Khaled - well I know who’s view I’ll be taking. You have to laugh just buy back in sonny.
IMHO DYOR GLA
noob
he1 is back
Get In....
Zac Mir - Traders Cafe - Bulletin Board Heroes
https://tinyurl.com/4m5txrhj
14p initial whilst we hold above 8p
Moving towards 20p towards the end of the month or so....
All positive, screaming Buy at this level
GLA