The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The Company has identified that the frequency of helium increases with depth and is preferentially carried in hot fluids out of the Basement and along fault conduits. As the helium rises through the well bore, the pressure decreases, and it is thought that the helium then comes out of solution and increases in concentration.
For a hot fluid to rise up the drill casing from 900m below the ground, cool down and the emit helium gas that rises to the surface, this must take a lot of pressure.
So if we have a lot of underground pressure and a self-generating flowing system of helium at 4.7%, what are we talking here, the most amazing green helium discovery EVER?
Following this latest drill Lorna had presented 3 fantastic videos
Nowhere in any of these is there even the slightest whiff of a negative, on the contrary, game changing, transformational, unique have all been thrown around.
So begs the question now what will the nit jobs pin their hopes on?
5085 - More rubbish! HE1 didn't have an independent lab on site, they had a MS analysis machine for initial results - HE1 are not an accredited laboratory facility, so samples have to go away for verification - the RNS was an indication, just like NHE's was - They are not an accredited lab either....Ya plum
The flow rates in isolation are pointless.
Helium flows at X
?
How large is the space, as in how long will it flow at X for?
No idea.
We is working on that part.
That is why your question was stupid Pete
Yesterday, through deductive reasoning I managed to work out these secondary lab tests were pointless, oh I had the nut jobs going at me instantly, but where are they today………….lol…………..evaporated themselves.
Don’t listen to the mugs here.
COPL – done and dusted there
ENET friendless in the market.
That’s just 2 of the big tips that have been thrown about here, there are more.
How about, dismiss the gambling urges and just leave your money in here, you never know one day you may end up making money from the stockmarket that will be better than continually losing.
Pete, we never know everything and often left to guess. Prior to today everything was about the lab tests, may take 3 years to get the results back, truth was they haven't even sent them. So what next for the nut jobs, no idea but they will find something. Me, well I'm happy to hold, now more confident now than ever. If you see better investments out there, move into them, I don't see anything that remotely touches the life-changing potential we could have here.
Pete my thoughts on this are.................... how do you measure or attempt to measure the unmeasurable?
If you have a traditional reservoir you can mathematically work out what it contains, how quickly it flows, and how much of the reservoir is extractable........... So fairly precise data for gauging MC/value
Here we have a flowing system, coming up from faults/cracks in the earth, so how do you measure that when you are the first to discover it, answer, in the traditional sense you can't and that is what Lorna alluded to in the interview.
2.00 “We ‘are’ flowing high concentrations of helium to the surface”
2.30 “We very much have ‘pure’ helium”.
3.30 “Helium coming out of solution and flowing to the surface”.
5.15 “Another unique outcome from this well was these high geothermal elements” (must be massively beneficial in remote locations)
6.30 “We will be sending some samples off to the lab but we are not waiting for these samples to move forward” (what a kick in the teeth for the nut jobs)
6.50 “We’ve already had independent verification”.
7.10 “We are also establishing what the hydrogen may mean for us in the basin”.
8.45 “It really is just a pure helium, nitrogen mix”.
9.50 “Good relationships with the government and mining commission”.
10.30 “We are the only helium company on AIM”.
10.45 “These results do offer transformational opportunity for the company”. (You could see her treading carefully here and with good reason)
Thank you Lorna, that’s a rap
We have found the holy grail
We have green helium, we have gold hydrogen
Yes it’s a discovery
Yes it flows to the surface
Yes it's 4.7% and 2.2%
Yes we will send samples to the lab, when we get round to it
Yes all this will be transformational for the company and our shareholders.
For now, load up and relax, and give us time to work out what we have here because this is not a traditional reservoir it is a flowing source.
Exactly Orhyblue
RNS's can leave so much ambiguity, even the positive ones, with this video there is none, we all see where we are going now. What a genius move and imagine those selling out to trade elsewhere this morning and there will have been plenty at that.
My advice – consider selling for a loss elsewhere and dive in here. I did, I saw no future at OBD so sold up, pushed in here because I had previously been looking at helium and how this would big time take off for someone.
The journey here has not even started, as Lorna says, transformational.
A better share on AIM
I don't think so
Just for Yana - the ISA spinning, did her brains in on POLY, ruskie lover - BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM
What I posted yesterday...................naturally jumped on at the time by the 'plums' here
Rightly or wrongly this is how I see it
Noble don’t have an independent lab on site HE1 do
Noble drilled, their samples went away for verification – returned after a delay
HE1 drilled, their sample were independently verified on site – then duplicates sent away
Why?
The only explanation I can think of is a JV/Buy out –