Didn't BT say he wasn't going to drip feed news. He should have just RNS's the 2nd drill has started. Too much info! He must know right now any news that isn't positive will send the SP down
Elsewhere in the resource sector, Helium One Global rallied 27 per cent to 15.6p as it got into a Robert the Bruce vibe. With the rapid spudding of the Tai-2 well the explorer is not jumping to Plan B, it's repeating Plan A. The company began drilling Tai-2 just over a week since the non-result of Tai-1 disappointed the firm's retail investor base that has bought up the shares strongly in the months following its AIM market float in December. ai-2 aims to test the same targets that provided evidence of a helium system in Tai-1 but could not be evaluated properly due to poor hole conditions. It is located only 20 metres from Tai-1 and is being drilled from the same drill pad, which saves costs and allows a quick turnaround.
they've decided this is the best and quickest way to call the basin a discovery. Then after that, who knows but can see some interest on the prospects.