Member Info for blissful

How can it be insider trading unless they have started drilling already and found quantities of helium which is not the case. This is a high risk play and no one knows the outcome so they are entitled to buy shares if they choose to do so.

Yes, interesting but Sarah Cope is the only one to hold any shares. Some director buying would add to their excitement and show confidence or are they expecting to be rewarded with a bonus on a success?

It would be good to see some director buying before the presentation on the 16th.

7% of what?

He said he had no intention of selling!

Another big sell, I think most of these large trades are. If they had been buys the sp would have been marked up.

Let's try and be patient, everything is coming together, the rig will be assembled soon, and spud will happen when it does. No need for constant reassurances via RNS. From the trades it looks as though a lot of people are gambling their pocket money and will jump off as soon as there is any rise. Hands up who has a target of 15p for jumping ship!

What is more important is the Lorna and the team do a thorough job to give the best chance of success for a helium discovery.

Legalwolf. Yes, you are correct, at about 1.28 into the interview Lorna Blaisse says, '...we are also sorting the crew for the operations and we are part way there...'

So all is on track for what is a massive logistical operation.

For those who missed the interview.

'Blaisse suggests that the company is confident in the prospect's success, noting a recent independent Competent Person's Report that indicates a potential resource of 2.8 BCF of helium, equivalent to $1.3 billion in the current market. She explains that success could mean drilling more wells, testing different play types, and ultimately bringing the project to commercialisation.'

Here's the link again:

https://www.youtube.com/watch?v=TRnwjLtNH_w&t=460s

From the interview at about 6.36. 'The helium shows that we saw in the Tai 1 well are also supported by helium seeps... and they sit immediately above the prospect... a great deal of confidence that we have a working helium system here.'

From 7.50. 'In this instance because of the experience and knowledge we've gained from stage one we're all about plans for success. And I think what that means to us is delivering a well that can be well tested and that ultimately delivers value for our shareholders. What we will do once we have logged the well and determined a discovery, we'll go in and run what we call casing... and we'll cement that in place. And that really secures the well from well bore instability standpoint and a safety standpoint. We are then able to suspend that well and come back later on and enter the well and perforate and complete a production well test. And this production well test will give us a whole host of information around reservoir performance, the volume of helium and the concentration. We'll get an indication of that in our logging and our downhole representative sample but the well test, that will be the key to unlocking the vast amounts of data on the structure.'

D-Geeman. Do you mean the latest interview, Fireside Chat, with Lorna Blaisse?

If so here's the link and it works fine for me.

https://liberum.wistia.com/medias/umaaaoetjs

PS Did you mean Twitter, I haven't come across Twatter before or was is Trotter with a lisp?

I'm sure Lorna said in an interview there will be plenty of news on the way. That doesn't sound like radio silence.

Apparently, there are 20% fewer casualties fatalities at 20mph than 30mph and something like 85% fewer fatalities.

In 1934 30mph was chosen in an arbitrary way without evidence or research on survivability.

At 30 mph there is a 20 percent chance they will be killed. at 20 mph there is a 2.5 percent chance they will be killed.

Personality if we all jogged or cycled instead there would less drag on the NHS and less tax to pay.

Wages and salaries (including Directors' fees) June 2022

$3,251,224

Do they need 9 directors?

It doesn't take long to buy, they are not playing Monopoly! Some bought token amounts in the placing earlier this year but as far as I can see Lorna Blaise has nil, nor has the operations director or the chief financial officer or technical director. David Minchin has more than any of them unless he has sold up!

I expect they will grant themselves options but we need to see them putting their wallets where their mouths are.

I mentioned yesterday that our board should have the confidence and set an example by buying shares. Good on Shaun Scott from NH. Our previous executive chairman had a decent holding but all the others have barely dipped their toes in and LB has no shares at all.

Moving up now. The FOMO crowd will start buying in soon if not already. Volume is very low still. I think a lot of us have been waiting for August, then September...

Each to their own but I am amazed at the amount of small trades that are worth a lot less then the cost of selling them.

We are not in a closed period yet, I think we will be once drilling starts so anyone can buy at the moment.

I think James Smith should certainly buy a few more now he is the new chairman.