Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That's a good article.
Rounds things up nicely.
We are literally days away from Noble confirming their farmout partner.
Once that happens HE1's share price will start to motor.
Goodbye 5.5p /7p hello £5. (ibid Trek)
Five weeks have passed since Helium One's AGM reaffirmed they were "engaging" with several rig contractors and now that Noble have announced they are well advanced in identifying a (singular) drill rig I expect news very soon - my guess within the next two weeks. If Helium One and Noble are to share the rig the only thing that may cause a delay is Noble's farm-out.
Cromw3ll
I hold more shares in this company than all of the directors combined, excluding the chairman.
That is a bit worrying.
I am assume that David Minchin has an employment contact with a shares option, but I agree with you that the number of He1 shares he owns is "hardly confidence inspiring".
Ian Stalker is the reason I was attracted to this company. His track record is very good.
But the main reason I bought in to this company was Helium - and that the price of Helium is going to go up and up - until there are too many producers.
This is an aim listed mining company, which historically have a( between) one to ten/ one to five chance of hitting the jackpot.
I think He1 have better odds than that and that is why I am invested.
With Tai-1 the second drill was just a token, possibly to fulfil the contract.
I think they had come to the conclusion that the rig wasn't up to the job.
This time they are going back with a proper rig.
David Minchin just said a 1 plus 1 drill, nothing about depth, as far as I remember.
His internet connection kept on dropping out so some of what he said was lost.
I am assuming it is the same sort of arrangement that they had with Mitchell drilling at Tai-1, have one drill and if that doesn't produce results shift the drill and have another go.
Well I appreciated David Minchin apologising for the presentation taking place at the same time as the Wales Iran game. Apology accepted.
Lorna Blaisse gave a lot of detail re Tai 1 and how the surveys and additional data gathered in the interim will inform the next drill.
It seems there will be 1 plus 1 drill.
Cash position - David Minchin said he was not able to disclose, as in a "closed position" due to up coming AGM/ registering of accounts.
What he said about off take was interesting and how Nasa will be paying $920 per mcf to secure their supply for the next five years, so plenty of suitors if and when Helium One are successful.
That's two presentations on at the same time as World Cup matches. Tomorrow Wales v Iran and on the 6th a round of 16 game.
David Minchin probably more of a rugby guy.