The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Ask yourself this question. When a Oil company spends millions of pounds drilling holes in ground they think contains Oil, what do they do? Simple they double down on thier hedges by adding in smart 2D/3D data. This allows them to narrow down the find. Now look at Helium one. Fact they have surface shows of Helium. Fact they have good ( up todate) 2D Data. Third they have over 21 prospects showing Helium. Fact they will drill the most likely targets. Fact they only have to report Helium in the logs to claim a Discovery. Add all these together and ask yourself a question? What odds would you give that they don't Discover Helium in 4 planned targets. We as investors all make informed decisions on the information at hand. Then we have to be patient and watch those decisions unfold. If we were completely blind with no facts then this is a high odds play. But what we are looking to discover is leaching out of the ground in high concentrations.
The real question follow on from the question of discovery ,which is this a Viable find capable of delivering a ROI. A question that matters not to this drilling program
I think if you break this down to very simple facts. Helium has been found on the surface ranging from trace amounts - 10%. 2D Quality Data, has defined pockets and domes, in and around those surface results. If you were to drill any hole in and around those deposits ,what are the chances the logs have Helium deposits in the recovered Mud. Secondly when they run a wire down the hole, any Helium shows will be noted. All of these possibilities will be highlighted in there first RNS . This will be seen and noted as a Discovery. And as the CEO pointed out the stock is 20p on speculation moving to £1 plus on a Discovery.
DYOR
Tiger
I found a link
https://www.investormeetcompany.com/investor/meeting/investor-presentation-49/presentation
Come and listen to my story about a man named Jed
A poor mountaineer, barely kept his family fed,
And then one day he was shootin on the run
And up through the ground come a bubblin Helium
Well we know for sure they have bubbilin Helium. Stands to reason if you put a hole in the ground you are still going to get Bubbilin Helium. When they announce to the World what we already know, the Stock price is going nowhere Right? Yeh like all other Helium Discoverys. The most prized Gas in the short supply. Any major news discovery, will draw the attention of Helium one to all investors around the globe
From the presentation the message is clear. Helium one has some great 2 D data which offers 21 targets. The chances of all of these being dry holes are practically NIL. They have every chance of discovering Helium. The question is will any of these plays be a viable once the data is in? Secondly any investor has to ask the question out of 4 upcoming holes, (drilled on the most likely targets to return a hit) what are the chances of 4 negative results?
DYOR
There cannot be any direct link with out prices, or we would see some movement in line with the US market
Helium One Global Ltd (HLOGF)
Other OTC - Other OTC Delayed Price. Currency in USD
0.39+0.09 (+30.00%) = £ 28p
As of 9:45AM EDT. Market open.
One Company went from 20 cents to $2 in the space of a few months. Could be Helium one very soon
https://www.prnewswire.co.uk/news-releases/the-world-s-richest-companies-are-fighting-over-a-rare-gas-800367019.html
Another huge play in the making
https://twitter.com/AfzalValli/status/1387773241188564992
Could this also be a future Helium play?
https://www.mosmanoilandgas.com/sites/default/files/MosmanAmadeusEnglishAugust2019.pdf
Hi Alph
Taking your answer 3.24x 70000 = £227K/D
This still amounts to £83 million before expenses
Can anyone in the group explain the following
2020 annual production guidance remains on track to average between 60 - 70 MMscf/d (gross) = 11400-13300 BOE/Day
a conservative £30/barrel= £300k per day revenues
Yet the company only reports £20 million revenues