Member Info for Craignews

SM69 - 1 Oil barrel is 5.6 cubic feet, not in the thousands

Great thread, too bad this good information may get lost in all the nonsense we may again see today.

So, the helium wells across the Galactica and Pegasus prospects of Las Animas is in the Four Corners region of Colorado. The Four Corners region spans 150,580 sq miles and is defined by plateaus and mesas located in the large basins surrounded by highlands).

This area is a place of voluminous, helium-source rocks that underlie the Colorado Plateau, the region is over 1.6 billion years old. The anonymously shallow granite source rocks are blanketed by one to three thousand feet of helium sealing tight salt layers deposited over millions of years.

There is no place in the world with a similar set of geological criteria. It is no wonder HE1 didn't want to lose such a prospect.

So, the helium wells across the Galactica and Pegasus prospects of Las Animas is in the Four Corners region of Colorado. The Four Corners region spans 150,580 sq miles and is defined by plateaus and mesas located in the large basins surrounded by highlands).

BOOM!!!!

Wow! 2 million sold, hardly volume to shift the SP, just like the earlier 4 million buy didn't either

No Rob, you were slated for being a miserable plum :-)

Shivest - Thing is, the drop isn't based on sells, buys outstripped sells yesterday by about 3 million quid, again today buys are 300 grand more than sells - It's just being milked so there is plenty of stock for when stage 2 EWT results are out to sell on at large profit

Well!! That was a long morning treeshake, looks like that's done with now - off back upwards we go :-)

It will trigger the stop losses, hence the low bid on open, then climb back up like a shot - Feel sorry for those with stop losses below 1.5p that will lose shares, then see them shoot back up quickly

Newbo, a raise comes based on a 10 day share price average, so would have needed to be 10 days after today - they may not have had 10 days to lose to snap the deal up.

JSYBoy - That may be the case, if you could actually add up, they've added 10% to the shares in issue, at 37% discount, so real price is about where we are at 1.74 - now add the news of 7.6, shake the pot a bit, and we will come out above 3p by close - Oh! and we still have the basement results to come, which will likely be even higher than 7.6 - Load up while you can

Who cares less about the raise? 7.6 helium, plus further asset added to the portfolio, therfeore increasing value

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, announces that the Company has entered into a conditional binding heads of agreement (the "Agreement") pursuant to which Helium One has agreed to acquire a 50% legal and beneficial interest (the "Interest") in ASX listed Blue Star Helium's (ASX: BNL) ("Blue Star") Galactica-Pegasus project in Colorado, USA ("the Galactica Project"), as well as a similar interest in the leases associated with 246 km2 (61,000 gross acres) of acreage in the proven helium fairway of Las Animas County, southern Colorado (the "Acquisition").

The Company has now moved to the Basement to continue the EWT at that interval, including opening up the well fully to obtain a maximum flow rate. The Company looks forward to providing further updates in due course.

Amazing how all the doom merchants don't mention what the raise was for... To purchase 50% of another helium play with confirmed helium, therefore increasing the companies value...Duh!!

Open 2.5p anyone?

London - You mean when?

So convincing that the poster can’t even spell properly

No it isn't, the mid is on 1.725 - 1.7 to 1.75

It's live at 1.60 to 1.65

It did 3.5p on the initial 4.7% results RNS, 1500% in 3 days - You'll be looking at 8p plus on this one in 2 weeks

At least in HE1 you have a strong chance of a 4 bag in the next 2 weeks, maybe even a 10 bag, and that one is about to produce something