I had noticed we have helium before and this could be a game changer as just a tiny % can be commercial. Helium is is very short supply.
'In 2022, this has risen to US$310 per thousand cubic feet. However, prices can vary sharply in the private market, with our sources calling the average contract price for 2022 at approx US$500 mcf, with some sales for rocket launches at Space X and the US Dept of defence at around $1200 mcf.'
https://theoregongroup.com/investment-insights/lift-off-for-global-helium-market/#:~:text=In%202022%2C%20this%20has%20risen,defence%20at%20around%20%241200%20mcf.
Good opportunity for anyone getting a nod and a wink yesterday to make a few % and then dump.
Did anyone register with Turner Pope for today's webinar and get, '...confirming your registration and a link to join the webinar on Wednesday 25th October.'
They obviously don't check everything they write.
Which wet season are you referring to BigPlan?
November is the start of the short rainy season when showers are mostly short and confined to the evening. Towards the end of March the long rainy season starts with prolonged heavy rainfall when travel is not advised. I think all the groundwork has been done for the second drill so I don't see a problem moving the rig.
I must admit I had to top up with another 50k earlier and I have 100% faith in our board and as soon as we are back up and running we will be into the basement target.
For anyone who missed the great tweet
https://twitter.com/Heliumone1/status/1718906898664022205
“…We are pleased with the current results of Tai-3 with encouraging #helium shows encountered in the Lake Beds and the Karoo…”
#HE1 CEO Lorna Blaisse
https://twitter.com/Heliumone1/status/1718906898664022205
Wonderful news, wonderful tweet, smiling facial expressions say it all. “…We are pleased with the current results of Tai-3 with encouraging #helium shows encountered in the Lake Beds and the Karoo…”
Pay no attention to armchair moaners who think they know more than the experts drilling this well.
https://twitter.com/Heliumone1/status/1718906898664022205
Yes, they know what has been discovered so far and look exceedingly happy. The delay will give those sitting on the fence time to buy at a slightly price. Someone moaning about rain, the team don't seem to have a brolly between them and if you check the weather down there it is good and all is being prepared for drill #2.
WELCOME TO TAI Excellent tweet echoing the RNS
“…We are pleased with the current results of Tai-3 with encouraging #helium shows encountered in the Lake Beds and the Karoo…”
OH, JOY
We have discovered helium and now need to prove it is commercial, what more can we ask for? Once people realise this instead of dithering and moaning the company is not holding their hands, the sp will go up dramatically. This was a good news RNS, a delay was encountered but the helium is not going away and there is another target to reach.
He's a ditherer. This will turn blue very soon. LB added two words, 'encouraging' and 'pleased', what more could anyone ask for at the moment.
We have helium and full wireline logs will be run at TD. Yes, full, another positive.
Yes, a lot of new negative posters. Best to ignore or use filter button as these are trolls trying to get back into their caves before the light hits them. The word, 'pleased', is the tell tale sign coupled with the word, 'encouraging'. Others will claim there is no second drill, this is their own fantasy.
'We are pleased with the current results of Tai-3 with encouraging helium shows encountered in the Lake Beds and the Karoo.'
Some of the post here are unbelievable or perhaps some are trying to keep the sp down.
'We are pleased with the current results of Tai-3 with encouraging helium shows encountered in the Lake Beds and the Karoo'.
Pleased! That's a magical word in these circumstances but still needs further endorsement.
'Once drilling recommences, the Basement target should be reached quickly and this will be followed by a comprehensive wireline programme to fully evaluate the helium shows encountered whilst drilling'.