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Do you invest with your eyes shut, look at the trades. I see it as already done at 1.05. Your 0.5 is wish full thinking. And the market likes it or we would be way down from where we are now.

That the placing as already taken place at 1.05. All this movement over the last three days points to it being done and forward selling is taking place. Just my opinion of course I could be wrong but things do not look right with the price drop. Only thing I can think of for it to drop over the last three days. Nothing as changed except for a placing taking place.

Not sure lol my maths are not so good it seems. How's about 40 cents a cubic foot still a lot of money to HE1 if they can flow 1 to 2 million cubic feet a day.

Sorry about that my mistake. Helium is at the moment about $14 a cubic meter. Lots of money to be made for HE1 if the extended well test is a success. The well has flowed the equivalent of 0.5 mmscfd of 4.7% helium (without any artificial lift).

With pumps this could double or treble the flow rates, at $2 a cubic foot this is a lot of money for HE1.

In doing my research I came across an article saying there could be 93 billion cubic feet in the field, now even if they could recover only two 3rds or even half of that at todays prices that is about 250 billion dollars which is 196 billion quid like the heading says this could be HUGE.

Https://coinmarketcap.com/currencies/helium/

Good post there 5085 I like the sound of that, very interesting. Thank you for taking the time to post it.

They will not do a raise to build an helium plant they will get a loan and with all that money in the ground the Banks will be queuing up to lend them the money. Maybe the Tanzanian Government may step in and help who knows, but a raise to build the plant not going to happen.

Your right there PubCrawl, the potential is huge. People invest on AIM looking for a company with potential even before they Drill if it is an Oil and Gas company. HE1 have drilled with their own Rig, not many companies own their own Rig. HE1 brought Helium to surface at 4.7 % most companies would be over the moon with 0.5%. This could be a huge play for investors who are holding long term. Topped up myself this morning, put a cheeky fill or kill at 1.20 and had it filled very happy with that. What I also like about the well test is they will be using their own Rig, so the cost should not be that much. All I can say Is if people are going to have a punt on AIM what better company to start with than HE1.

Respect as to be earned.

If and when we get a placing the market will like it. The raise would be for an extended well test that could produce billions for HE1. It would not cost a lot because HE1 own the Rig they will not need to hire one. Ok the price may drop a little for a couple of days but then it will start to rise because of the potential that could arise from a successful test. Genuine holders know the potential of this company and no matter what 5hit you post it goes over their heads. You will all look like f-king stupid morons pi55ing in your pants if it comes good. Now why don't you all pi55 off and leave honest people to get on with their investments. By the way why don't you all go and get a job that requires hard graft that will teach you some manners and respect for other people.

So why worry, it will be raised to do the extended well test, without it there would be no test. The market will like the placing and the share price will hold or even go up higher. There are billions of pounds in the ground if the test is successful what's not to like. All companies do placings on AIM to help them go forward with their projects, if this well test is a success there will be lots of share holder a lot wealthier than they where that's for sure. You have to be in in to win it. The risk here is not the actual placing but the well results. Doing the well test should not cost a lot as HE1 own the Rig that they will be using.

Madjedi, whatever they do I should think it would b a Loan rather than a placing to get the plant up and running. Why dilute with a placing with billions of pounds in the ground.

It would be for testing the well without it there would be no test. If the test is a success then there would be billions of pounds worth of Helium to come out of the ground. I have been looking at the cost of an Helium plant that they would have to build looking at others it would cost around £25 million, with all that Helium and billions of pounds to come out of the ground i would assume they would get a loan to build that plant that would be easy to pay back over a few years. If you are sat on billions of pounds with no risk I would think the Banks would be queuing up to get their business.

Slacker246 posting all that 5rap and not invested

Mmmmm I wonder?????

I do now, they are external stakeholders who can effect the company in different ways by the polices they have. Luckily they are all for HE1 in Tanzania. It would be nice if they payrolled the plant that needs building for extracting the Helium. They would be making money on the plant and in taxes, they would be in a win win situation.

The Tanzania Government are stakeholders. Nothing on HE1 website to say they hold shares.

A great opportunity to meet with Government stakeholders and talk about future plans for our Rukwa project.

Like I said FrankyS1971, do your homework. Do not let a raise dissolution you. Like I said this company will be worth billions at todays prices if the flow test goes well. Partners will be queuing up if the test is a success.

This share price could be anything from 50p to £2 pounds if the flow tests are good. This company could be worth Billions on good results. This is no pipe dream look at the fundamentals do your homework. Look at the heading that is all that is required.

The estimated price for private industry’s Grade-A helium was about $7.57 per cubic meter about $2.50 a cubic foot multiply that by 99 billion that is a lot of money.