Member Info for Bonzo73

Hereforhemo

A really interesting post....

What are your thoughts on where this might take the share price? Fully appreciate nobody can predict but what is your best guess based on the options you have presented. No obligation to share of course.

@rogerjolly

Thanks for reshaping.

Any thoughts out there on how this might be scaled up. Is 30 Wells Conservative? A first stage plan? Without further factual information it would be wrong to speculate but interested to know whether that would be considered a large number of wells in this industry.

In the March 7th RNS Forward Operational update, there was mention of drilling additional wells in addition to completing the EWT. Options including drilling a new well at Ikambuka or deepening the basement at Tai-3. Cost covered in the same raise as for the EWT.

Has there been a further update on this that I may have missed?

Has there been an ipdate

I'm certainly no expert but LB in her interview said it's a very common practice in the industry. It's also frequently used in the oil industry.

@MCNol

Thanks for your comment. How do we know the placing shares haven't cleared yet? Several other posters have suggested they have.

@JH10 I concur entirely. Appreciate there is still risk but I too am focused on the bigger picture. I was also personally impressed at how LB presented the opportunity today.

@easfster

Thanks for your comment. Where did you get these figures from please? Have they been published somewhere?

@rogerjolly

Makes complete sense and I appreciate your response. As I'm sure many other LTHs will.

Feeling confident they are sat on a considerable prize...it may just take some time to unlock it. Best of luck .

@Rogerjolly..

Thanks for that....is that definitely the flow rate she has alluded to in the RNS and today. I have to confess I had understood it to be less than that....but I may well be wrong...

Lorna also made it very clear today that the cost of building production wells is far less than exploration wells and they are one of the only Helium companies to own their own drilling equipment so clearly that will be factored into their Feasibility study.

Can anyone share examples of Helium Explorer companies who have successfully sold assets, secured off-take agreements.....any views on what HE1 could be worth if 30 Wells were to be operational?

I'm not sure I've seen any info on the size of the reservoirs etc....appreciate this may all be shared as part of the Feasibility Agreement.

Just trying to get a sense of the size of opportunity/future possible share price.

Oops. Posted before finishing. I am also on the Telegram group which is a brilliantly informative community but it's sometimes easy to lose sight of the key milestones.

I'm also feeling hopeful and confident that we will soon see an end to these lows as more news is shared over the coming weeks. GLALTH

All, Thanks for all your helpful and insightful posts. I am also on the

Do people believe there will be a recovery in this share any time soon? Had hoped for news by now....when is next news expected?

Thanks Dai.

I agree that the choke aspect makes the flow rate.less cleat. Maybe all will become clear in the next RNS...

Thanks Dai.

They've used a different unit of measure in the latest RNS. Ca. 6000 scf/d.....is that better? Equivalent of 0.6mmcf/d?

I was looking at flow rates for the GGE helium well....interestingly in one of the earlier tests they didn't obtain a decent flow test which impacted the share price heavily. They went onto drill another well and the flow was 1 mmcf/d...which was the basis for the share price going through the roof and the project being deemed commercial.

Would be helpful to get clarity on what the flow rate is actually telling us...and whether it's better or worse than what we were led to believe in March. And that was with 1% helium.

Thanks Dai.

They've used a different unit of measure in the latest RNS. Ca. 6000 scf/d.....is that better? Equivalent of 0.6mmcf/d?

I was looking at flow rates for the GGE helium well....interestingly in one of the earlier tests they didn't obtain a decent flow test which impacted the share price heavily. They went onto drill another well and the flow was 1 mmcf/d...which was the basis for the share price going through the roof and the project being deemed commercial.

Would be helpful to get clarity on what the flow rate is actually telling us...and whether it's better or worse than what we were led to believe in March.

Looking at possible reasons for today's drop, the confirmed flow rate seems to be one of the key concerns. The flow rate was not measured in the Feb RNS. Does anyone with any geological knowledge know how the Helium One flow rate stacks up versus other commercial ventures?

So are you suggesting SP will rise above 1.40 again?

Anyone left with any confidence this will rise again? Hadn't anticipated this reaction to the RNS to be fair.

Were the technicals comparable with these other companies? Ie. Helium levels, flow rates? Did they need artificial lift?