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If theres no immediate forward plan announced tomorrow im walking away from this with whatever I can salvage. Enough is enough now.
Strung along with the kenya rig until the last minute, switch to exalo, rainy season drill and huge fundraise. Now exalo pull the plug. He1 wages paid once again. Investors shafted.
You cant tell me this wasnt known in advance
I wish i'd never got involved with helium one
15-20p my prediction.
We have contracts, mobilization and site preparation all happening this month. Look back to 2021 and we had a near 12p rise.
Exciting times for all those holding
I dont think you can compare concentrations and resevoirs across basins.
Tai is though to be fill to spill at concentrations recorded at surface up to 10% locally. Porosity has been deemed to be excellent from quemscan.
All will be revealed when drilled
After all the will we wont we, are we can we
We have £10million in the bank. Contracts signed with Baker Hughes and Exalo and everything heading to site in the new year.
We are in a similar position to april 2021 where the SP flew from 7p to 20p. We have 30% dilution from then but far more positive indicators this drill will be a success, a stronger management team and 100%+ increase in helium prices so I think we will see last years prices of 25p+ before drilling and 80p+ on success.
12 weeks and counting guys.. lets go! If news doesnt land on the 3rd Jan (due to invictus wireline hiccup) then im loading up on more shares for news the following week.
I applaud the positive sentiment but mystic meg you are not
The rig is a day or 2 away from bring released by Invictus energy as they are now wirelining their sidetrack
Contracts are imminent - they wouldnt release so close to christmas knowing the news would sit idle for 2 weeks. Likelyhood is they need official release by invictus
Logistics may throw up some delays but no significant delays expected by those that know.
30% share dilution would put us around 20p pre drill. Thats doesnt include the huge rises in helium prices or the chance of discovery being much, much, much higher this time around
This will exceed all expectations come january.
Buy your tickets now at this insanely cheap price
Yeah great work Persian, a company with $9 million last christmas embarking on an $8 million drill program 14 months later might need an equity raise.
Are we in the presence of the new age nostradamus.
You lot have lost the plot
Nonsense, theres nothinf stopping them raising cash privately in return for shares.
Q1 is stated as the drill date .. queue the scaremongerers.
Hold your shares, dont listen to the piffle
There are a few undiscovered resources coming to light, all dependent on didcovery of commercial free gas. The supply will be drip fed to market but there are enough industrial buyers desperate for long term security of supply to keep prices good for us
I dont think you can manufacture or engineer something to replace helium. Unless you have some uranium and a spare couple of billion years
Come on ART dont try to drag down a world class project like this. The drill is planned and the MOU will be finalized into a full contract before we know it.
All holders will be in for a real treat this year. Switch off and leave He1 to finalize plans, enjoy christmas and the build up.
Even you ART, take a stake.. ita not about the fractions of thr penny your trying to gain an advantage on.
Hopefully the derampers and traders will be visited by apparitions of david, colin and mike and learn to change the errors of their ways before its too late.
Poor muscles ' gold chains and can of fosters have enshakled him ( think jacob Marley)
Just saw a post over on telegram about potential share price predictions based on the 2021 Hannam Report.
After reading the report Hannam & Partners predicted that all of out prospects gave us a roughly 25p pre drill risked price at $250 per mcf and an unrisked price of around £1.30 after discovery
Now as we know the wholesale price of helium is much higher than it was 18 months ago
Looking at the report, At $400 per Mcf ( current prices) our predicted share price are 40p pre drill and £2.30 post discovery.
If you look at the Nasa deal at $900 per Mcf you can can basically double those figures again.
The last year has been tough but in the background the prospect here and potential has doubled or quadrupled in value along with the potential share prices.
I see us smashing through the 2020 pre drill share price this time around, we have a better drill, better plan, better team, better understanding of the subsurface and the price of our "product" has increased 2x to 4x times.
The next few months could be very interesting. Sorry I sold half of my holding thinking they'd never get here but I have to say they have pulled it off and the upside is multiples higher now
Yes exactly
It means they will drill one well with the contracted option to drill the second if they feel necessary.
If they drill the first well and they make a discovery in all of the target zones, they have the option to save money and cancel the second well
We need a placing before committing to signing a big scale, big name drill program that we have lined up with the MOU.
100 million shares at 10p knowing full well we will catapult to 20p+ in the coming weeks once the final drill abd baker hughes contracts are signed. Works for investors, works for us and works for He1.
We will have enough for the drill program, contingency, operational costs, seismic on other license areas of Eyasi & Balangida.
The sooner the placing is done the better and the show can get on the road with the gains we saw over the last couple of days being sustained for weeks with nothing to hinder it up to the drill
Thanks for outlining the caution here, im sure your posts are for the good of all of us naive investors and not to attempt to cool the market.
1. Invictus have a 12-18 day delay... so what - we have waited 18 months.. we are experts at it. Main thing is we are lined up for that rig and even with delays its still Q1, even of it slipped further I dont care as we have Exalo and Baker Hughes on our project.
2. IPO to 30p yes and we will do that again with a better mapped closure, expert drillers, known stratigraphy and multiple helium shows. Phase 1 drill failed to make a discovery and thats what sent us back to 5p, not fickle investor sentiment . Phase 2 drilling will hopefully bring major success and after that its £1+
Persian and other blatant derampers. You have missed the boat. Its as simple as that. We have 2 world class companies running our discovery drilling campaign
Im losing faith again, what is going on guys.
Im prepared is going to be a Q2/3 drill next year now
If we all make peace with that then anything else will be a bonus
Theres nothing left to say but there will be plenty when we hear about the drill program, targets, offtakes and see the share price hitting new highs
You're right, this is dead in the water.
Until they release an RNS saying its all on for january and we will all be scrambling to buy more.
Yeah perhaps we should have raised funds and paid for exalo back in march.
Wireline is estimated 4-6 days from friday just gone. Extended drilling and wirelining possibly another week after that.
They have stated a couple of weeks to move the rig and a week or so to drill and wireline.
All in all baker hughes should be free to mobilize late december/early jan putting our spud date sometime late jan / early feb