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Do we need an RNS to tell us the rig has arrived, unless there is other news I can't see the need?

Daily Mail:

Helium One, which is looking for helium in Tanzania, will drill a proof-of-concept well by the end of the third quarter of this year. If successful, and if Helium One goes on to prove up what it thinks it's got at its Rukwa project, the company could become one of the world's major suppliers. Expect action in the share price as drilling gets underway.

https://www.dailymail.co.uk/money/investing/article-12307541/SMALL-CAP-IDEA-Lassonde-Curve-predict-future-behaviour-mining-stocks.html

Https://www.youtube.com/watch?v=xyO9JceK4C0

'...the Company will order remaining well control equipment, await the arrival of drill pipe and source an experienced crew. The Company has already mobilised drill bits, wellheads and casing to site at Rukwa.'

Half-of-2. 'Long lead items such as drill bits, bottom hole assemblies, casing and drill pipe that the Company had already purchased for the Drillmec HH102 rig are compatible with the Epiroc Predator 220 rig, and this will keep additional cost spend to a minimum. Some of this equipment has already been mobilised to site in anticipation of the forthcoming operations.'

10 days a drill! I wonder how many drills they will be able to do... there's no time limit on the rig.

It's not so much as accuracy from Zak but a possibility, so he's not saying it will go to 14p-15p by month end but it's a possibility according to the chart as he sees it. It's interesting and sometimes he is spot on, sometimes not, other factors can come into play. No one expected this to double so quickly but then no one expected the company to buy a rig!

What does this mean for drilling? They can do a series of drills instead of the 'one trick pony' so many oilers have to play with. I think once the crew are together they will announce a drilling campaign, they have so many prospects it's eye-watering. This is likely to cause a fair amount of top slicing which is a good thing as it prevents heady spikes until the helium flows.

'...as high as 14por 15p by the end of this month.'

At about 7mins 23 secs

https://www.youtube.com/watch?v=agPEkflUVug&t=497s

It could b

Ah, Nathan's pal here with more financial advice without checking the facts or he would have seen that the company have the money to start exploiting Heron without a raise. Jog along please LesMouches, or should I say fly away!

Nathan91. June 2023. Progressive Equity research value this at 26.7p (that is after Veliciraptor duster which would have added another 32p)

Perhaps you are beginning to see why this is such an undervalued share. Go on, do yourself a favour, buy in and get rid of your misery.

Do you mean the stock market leader board - and rising!

Nathan. I got in at a very low price but I'm not selling as I know the potential. We have just been given the green light to exploit block XX, can't you read? Please don't reply as you either need to buy in, do some proper research or jog along.

Nathan. You forgot the important stuff. The delay in getting through the governmental red tape has now been overcome and MATD can now capitalise on the Heron discovery. Go to the company website if you really interested and get yourself gemmed up instead of looking at the negatives. Then wait for the next news as the company begins to exploit the asset and turn it into cash $$$, lovely readdies! We have the discovery so buy in while they are still cheap.

• Two discoveries made in Block XX in 2019, Heron 1 and Gazelle 1

• Heron 1 flowed 821 bopd on test, the third best test rate ever recorded in

Mongolia

Heron discovery

• Heron 1: 821 bopd 44° API to surface

• 194 MMbo1

resource in place, 33 MMbo2

to >60

MMbo2

recoverable depending on recovery factor

• Low-cost appraisal/development

• Near-field exploration targets to be exploited during

exploitation phase with high chance of success, low

cost drilling, significant resource potential

I love days like this! Two of my other ones, HE1 and PRD are flying as well. I think this needs to rerate above 10p so we are really only getting back to where we should be. I am hoping Mike Buck will give an update/interview shortly.

9p on offer! Still a long way to go.

Playing catch up? Maybe this is a delayed reaction to the Heron news as that should have seen it go up nearer to 10p. Gave me time to add more though so I can't complain.

Must be something afoot, up 22% at the moment.

I bought into PRD at roughly 5p so more than doubled. Perfect timing, at the moment this is on the up and I can see many will top slice before or during the drill. But it's worth keeping some - helium is worth 50X more than natural gas so even a small discovery is going to be worth a fortune.

I sold some PRD with the last news and added here! Since then they have drifted quite badly and there seems to be a wait until testing over there while we have been good news here.