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@latorre
Hello dear friend, don’t worry, l’ll be keeping
an eye on Del-Boy-Dia and his off-subject posting:) lol
Have a great holiday, though, you forgot to
post my plane ticket, never mind, be seeing you soon:) lol
If you happen to come across DM & Co, catching the rays,
please tell them that He1 shares, are now available on eBay:) lol
Enjoy
Catch you on the upturn.
Onwards and upwards.
ITV SFG keeping quiet or maybe away,
though, always good form to say heel lol :)
https://youtu.be/Pjg_nvGII1s
Maybe, but how do we know if the audit is the rate determining step? Maybe all other pieces of the puzzle through to spud are worked out and the whole plan is greenlighted with timelines.
@Legalwolf, could be buying it as its for sale, would save this rig availability issue.
Then again maybe MIDAK are buying it with He1 contracting it at rate that covers the purchase, especially if its believed it wlll be needed for multiple discoveries..
There were two predators in Texas, at 1/2 the price, described as field ready..
Since the Rig has been on the market for many years, and others were available at 1/2 the price I expect some bargaining has been done..
But it would be nice to know everything else is lining up too..
They said they were funded and Tai is the target, so whats inevitably needed could be done in advance, that would help add some confidence, even if its paper work..
Guys I wouldnt be expecting news until mid to late september.
Correct that the rig audit is likely ongoing or completed already but as mentioned the other pieces of the jigsaw have to come together before its mobilized.
We likely wont hear a peep until its either all systems go and rig mobilized (remember its 1 month transit time) or if there are any issues its delay til Q2 2023.
Place your bets... at least there will be another drill for sure. 7.3p is a snip and my husband has just come into some money so I plan to double our holding over the next couple of weeks. Easily 3x this price in either a few weeks or worst case scenario a few months
Have to remember folks that it's NOT just about the Rig. The previous RNS made clear that there are other components that also have to come together, not least, the integrated well services. Even if the Rig passes the audit, they are not going to contract it unless they have the other components in place as well. That's all going to take more than a week from recommencing the audit imo?
dai2belts, thanks. I don't keep up as much as I should do probably with this stock . So your summary is appreciated also.
Mike have you seen the last update, RNS ?
Thats all we know really, but leaves you guessing...
They have ticked off 80% of the audit tasks/checks, and paused, in the meantime addressing issues such as repairs(no details).
They indicated they expected to restart mid August, so may or may not have restarted..
But have not given when they expect to finish the audit, or any details of whats left to do...
But a month from then to mobilize the rig. paper work I guess
No mention of paper work related to drilling Tai
But being as Latorre is back in 3 weeks, thats when I expect that rig will be packing its bags for fishing trip to lake Rukwa
Windrush
Many thanks. That does clarify a lot. To the uninitiated though it seems surprising that it takes 9 months us to organise a drilling rig.
@latorre, Have a good time,
Happy,
Its pretty simple:
DM says we will have a drill this year (but with a couple of caveats regarding supplies arriving in time) which has caused uncertainty. This uncertainty has been compounded by the seemingly long time it has taken to get to even this stage from lasts year's failed "discovery".
The SP is slowing slipping downwards as the market increasingly suspects this year will be missed.
And a further complication is the small cash on hand that HE1 has.
A cash raise or new injection of funds has to come and the longer it goes on without the "discovery" happening the more likely that the cash rise will need to be had at these lower prices meaning dilution (if thats the way it went) would be pretty substantial.
So lots of uncertainty but underpinned by good potential is pulling the SP in both directions but as I said, the uncertainty is currently winning this tug of war.
You pays your money and all that....
I have to admit that I am somewhat confused with all the posts on this BB reviewing options etc.
Hence I would be grateful if anyone could summarise where we are, and HE1's expectations between now and Xmas 22
@dia2belts
My experience in mining companies is very limited, this is only the fourth mining company I've invested in, previously holding Sound Energy, Sirius minerals and curently been holding PCR for the last few months. Bouth Sound and Sitius tanked, getting out at the right time.
The rewards attracted me to the mining sector but obviously the risk is higher.
I've also been with Helium one since Attis oil.
He1 ticks more boxes than other companies for myself, but obviously there is a risk. The next news will be the big one for He1, hopefully will be out soon.
I'm currently at the airport boarding gate, looking forward to a long awaited holiday, so hopefully be celebrating before my return in 3 weeks time.
Onwards and upwards.
Void, been digging found out Marty is the lead engineer on the pumps..
Web cams, amazing..
https://www.youtube.com/watch?v=2D6C227I-go
While on EIA visits this was recorded
https://www.youtube.com/watch?v=C2A6YPowfwk&t=7s
@Troajan If Germany want Qatars LNG, then Qatar are pushing for a 20 year deal, and no routing to other destinations.
Not daft are they, and the Africa nations are intending to utilize their fossil resources while timely transitioning to green energy...
https://www.aljazeera.com/news/2022/8/12/spain-portugal-hail-berlin-call-for-europe-gas-link
Latorre, Now obviously I dont know your experience, but even though I have been here from the start I have little experience of reading drill results RNSs, depending on how they are worded, makes them hard to interpret as a good result or bad..
Luckily He1 used grammerly on our RNS, although they did'nt mention how that well was left, able to re-enter or permanently sealed
This one caused lots confusion, so its worth reading in that respect, if you have my level of knowledge..
Just like ours thats an open hole well, on land, has gas shows, all low percentages, and the open section washed out and was caked with drilling mud, but it was completed, and will be revisited.. Tai-3 maybe completed, after a similar result, and require further work..
So if that one is difficult to judge as a good or bad result it worth looking at for the experience, and if your clued up on this stuff I would benefit from some discussion on the subject. ;)
I dont see it as off topic,
@dia2belts
Sorry but its irrelivent as they are two different companies chasing two totally different resources.
Onwards and upwards.
More drills following Tai,
@latorre, It said HP not He1, but they sound the same, so Void take ;)
You can learn a lot from other shares, even if you dont hold them..
Have a read of this RNS, it reads just like Tai, but there was supposedly more drills to come to support the price..
Without looking through the history, let me know whether its a buy,hold or sell.
https://www.lse.co.uk/rns/PRD/mou-1-update-24h4jsyz9fxq27q.html
@inthevoid
Well said my friend.
I suppose when your sat on the fence the grass always looks greener on the other side until the sun decides to shine.
Dia Bach I'm surprised, and you should know better than posting Not He1 posts on this board.
Onwards and upwards.
I was this thinking Captain Pugwash's first name was Hannam, and his crew the partners..
Horatio Pugwash
No inflation here, 18% would be Lovely jubbly, trotters time for the dog..
Dai
HP was printed on the stolen
bag of money, not ‘HE’ therefore,
no piracy with (HE1). Cor blimey,
got it now, as dear old Alf would say.
Too late now, moment passed.
Still enjoy your hybrid posts:)
ITV - opportunity to get in quick with Mustard, it’s fracking HOT
Not He1
Have you looked at the unrisked price for the proposed gas/truck sales solution?
Also look at the late reported cancelled trades
https://www.lse.co.uk/ShareTrades.asp?shareprice=PRD&share=Predator-Oil&trade-date=2022-08-19
Yes a little bit, I bought 100,000 more today. I have high hopes and think it will be the one to bring my portfolio back in the black. Tomorrow is a significant day.
No1, have you been reading up on our latest venture ?
Haha, yeh I hope so
I’m having a really bad day on the stock market today
I need something good to happen.