Member Info for Cocobeans

I’m out. Declared that already

Where’s the drill pad 😂😂

What Ian Stalker thinks of all of this….?

Or maybe just maybe he knew what was coming and rather than see his money down the drain, he wanted the option to sell

The way this is going , don’t be surprised to get an abandoned RNS, if that’s the case, I can’t see how they come back from this

Anyone cutting Lorna any slack or we all realise she is out of her depth

Oddly nothing from any other HE1 team member and the Twitter feed on social responsibility and BS lies on the second drill has stopped

Rain coming in , will make things a lot more difficult going forward.

I repeat Lorna was part of the first drill , she learnt how to play the game, this time let’s not forget she hedged her bets by screwing the sentiment with a not required placing- securing her wages for 24 months PLUS GIFTING herself over £500k of options LOL

And people say AIM isn’t rigged

Take your money off the table and either buy if this gets sorted or save yourself the headache of the next RNS imo

It KNOWING of all these issues! They way they worded the rns previously thinking people wouldn’t work out that it’s not even commercial numbers they are trying to ramp

Then saying months before they can even get it confirmed when before the drill Lorna say 2 weeks after drill

Now they can’t get the drill bit out, with no indication on how long that’s going to take

The excitement of owing their own rig now becomes a liability as it’s failed on this drill multiple times, who wants to borrow a sun optimal drill with no crew?

Drill 2 100% isn’t happening and they no have blown all that money!

Lorna is worse that Mitchin! At least Mitchin got us all excited, Lorna just reads scripts

Can’t wait to listen to the 3 mins proactive update today LOL

Joke CEO, clueless company, complete and utterly screwed all shareholders without many wanting to accept that they are being screwed, which is why it was all so clever unless you actually knew!

I hope they get this drill bit out for you guys but if you still blindly follow this company , your either being paid to or your a little naive

Anyone change their mind on how much of a joke this company is

Anyone change their mind on how much of a joke this company is?

Nothing on second drill

Nothing on additional cost

Just wait a few months for any real news as the site samples aren’t enough

The grades aren’t looking commercial and Lorna keeps reading her script

Proactive must be loving these interviews! Nice and easy and no challenge

If they have integrity issues, they won’t risk the well after samples as it’s likely to collapse this well and then run into losing the drill equipment

Total nonsense with the fake Lorna smile!

Joke company and yes this is a de-ramp as it’s turnt into a complete damp squib!

I’m completely out now and I know I’ll get abuse and see you later comments but honestly don’t loose money if you cannot afford it here

It stinks and they have burnt all the second drill cash

Hope next year you get the commercial discover but that’s a long way away! This was never said before - it was said 2 weeks! And we would know for sure.

Go listen to Lorna and see just slightly changes the goal posts every time she speaks

She has no idea and is not a CEO

Good luck all! But keep your eyes wide open here.

Now I’m out I won’t post again unless there is some big news!

Don’t say I didn’t warn you all about it.

If I’m wrong, happy to say I was wrong but i haven’t been wrong so far on the second drill

Amazes me how people are cutting so much slack on this! Needless to say, the RNS and the details aren’t not being heavily discussed here

Nobody questioning the fact they didn’t actually reach THEIR suggested TD as per Lorna interview

That it took a week to drill 3m

The issues of well stability happened last time and is this time too!

No second drill, flaky ‘background references’

No the integrity of the well became an issue so they didn’t go to the depth that they originally wanted to and have now dressed this up. They haven’t managed to get into the TD, which was deeper than they thought and therefore haven’t reached their actual TD. They simply stopped before it was too late and the well collapsed!

Yes they only drilled another 3m and yes we should all be sketical on what’s gone on here

But regardless, nobody cares anymore 😂

Let’s ramp this to the moon so we can all get out!

Totally agree!

BUT if we don’t…

Tai is looking ok , not great news that they couldn’t drill further but for the integrity of the well, it’s best not to cave it in!

BUT, I’m looking outside of that, the shambles that was the placing killed us and broke all the trust as it was leaked and they used a cash box, so fount a way to get around the fact they had no head room

To do all of that and lie regarding a second drill to line your own pockets to me is a step too far!

Is absolutely no way they are drilling again this year! I told everyone that. They took investors money and lied about their intentions, hence you haven’t seen any drill pad or LlI- are people getting it yet? If TAI is successful, they won’t know until next year as they will need to do appraisal drilling and if it isn’t then they haven’t burnt all the cash and cannot drill

They misled the market as they said at this point they would be rigging up to next drill!

NOW they are waiting 2 weeks and then deciding! They are a joke!

2 weeks before they decide , then demob and mob to new site ! They don’t even have a drill pad!

That’s bang into wet season

They screwed and diluted us for a drill that was never happening and killed the total momentum, they then haven’t even communicated or interviewed on the second drill

They didn’t even tell us they fixed the rig

Oh and they didn’t even get 100 metres as they have stability issues, therefore they might not be able to re-enter this for an appraisal drill!

All the while they aligned themselves with NHE

Regardless of what they now say, can you really trust this lot?

The timetable regarding a second well at Itumbula will be determined following the results of the wireline operations at Tai-3.

Who would have thought it!!!!

Surely a tweet is required here to tell us something

Unbelievable that we aren’t aware if the drill is turning or not, especially as it impacts the second drill

If im wrong, ill hold my hands up.

if you look at their presentation p13

they havent even completed the civils!

https://www.helium-one.com/wp-content/uploads/2023/09/230830_Helium-One_Marketing-Roadshow_Sept23_FINAL_for-website.pdf

the drill and testing is 4 weeks process, without any delays and the drilling team are 3 weeks over at Tai and will need downtime in between

even the most positive must be saying it isnt looking likely

i said the day they raised for this second drill, it would never happen, lets see if i was right and if i was and tai is not a success then we should all be outing the bod as they played high stake poker with our money

I will almost guarantee that HE1 will announce something on same day as NHE

Its clearly obvious that Lorna has aligned with NHE on everything, for whatever reason but they delayed our spud with the excuse over LLI which we never got any info on, we had 2 downtimes to align with NHE testing and now we are both testing together

i hope that this "plan" works out for HE1 but this is now a one drill campaign as the weather isnt improving in RUKWA and they are too far behind to drill a second well now, even from a safety perspective (although i maintain that was never their intention to drill it, which is why the market had never allowed the price to build anything into it, they have blown the cash on this drill and civils (which cost less than £300k) that wont be used this year

roll the dice for next week now. hit, nobody will care about the second drill, miss and everyone will kick off and realise they have been taken for fools and this was a gamble lorna played with

high stakes poker is how i would describe this strategy and this is what happens when you have a nomad sitting next to the company broker in london and not even going to site!!

No i havent- have you see a cured drill pad?

have to been told where the team are going to sleep

is the trucks all ready to move the tonnes of equipement

do we have all the LLI and materials

do the crew need a break now that this drill has taken so long

will the rig need maintenance?

how are they going to cement in the rain?

how much these delays costing and do we have the money to actually now drill the second well as i couldnt see much contingency

i welcome you to point me to the companies answers

Hit surface shows

we are having to drill deeper, even though "we have seen something, we just dont know what it is"

this is being heavily managed to try and get a pump or something from NHE

Are the people that questioned me, still going to believe they are going to do a second drill when they are delaying this and drilling deeper

the weather is closing in as we are basically in November, Lorna has not once mentioned teh 2nd drill in any great detail, the fundraise that killed all sentiment, was purely for tai contingency and salaries

Dont worry though as Lorna (who was part of the 1st failed drill) is a Saint!

This all is a show being played by NHe and HE1

HE1 has issues, delays before drill with no information, then delays in drill to fully align with NHE

Skittish been right all along, the company has been so focused on being side to side with NHE

I don’t understand why but ultimately these delays mean no second drill ( which was never going to happen)

Funny how they now report some He showing now NHE has and they have more delays and issues!

Said all along this whole thing absolutely stinks and Ian walking away stinks

I think greater forces are at play here and I just can’t work out if we are all getting ducked or it’s a good thing!!!

It’s all a massive head scratch

We all knew He shows will be reported BUT WHY on the day of NHE?

Anyone else finding this all off?

Https://www.timeanddate.com/weather/@150442/ext

Has the second drill pad cured?

Is the delay in TD to allow the story to be created?

I suspect we will find out this week

GL to all LTH , hope TAI smashes it for you all!