Member Info for CrustyPete

Actual spread is 1.19 - 1.20p

If the TG were to have any shares in anything it would not be He1, it would be He1's Tanzanian entity.

That is evidently true Folio but what that does not say is that those commercial discoveries are in traditional basins - our discovery is totally different and poses unique challenges.

CDogg, not sure they need a tree shake this morning, there are seemingly plenty of sells to meet any buy orders. Though I think that will change later in the day. Many of those BLUE trades are sells - current "real" spread 1.146 - 1.157

I would not say that fill or kill is any "better" than a limit order; they each have their own purpose and merit but neither is guaranteed to succeed.

1.13 - 1.15p

At the price above I would have to agree Openheimer.

Ufufuo / High Yield, what was said at the AGM was that the treatment of Condensate was not determined by the PSA or GSA but under the Terms of the Petroleum Act, as condensate is treated the same as Oil would be...

So Toffers why oh why did you invest in He1 knowing all that? Have you now, only suddenly had an epiphany? NO!! You just want to muddy the waters for everyone else now that you are out.

Just leave and leave us all in peace - you are an ex shareholder with an axe to grind. Predictable, boring and pathetic.

Find something else to fill your time.

Kammy, you say "I'm interested in the magical 3rd RNS, which hopefully will provide size of resource, flow rates and confirm commercality." totally logical BUT I question whether they would issue such news before having it validated by an independent third party. On ereason, I think , that they never issued the details of the Itumbula drill in full was that firstly they were inconclusive and, secondly, they were not that great, and that third party verification was unnecseasry without the ability to announce it as commercial. Will they be able to announce it as commercial without independent verification? No, is the answer. Though they may well allude to it.

No, it certainly hasn't been recorded. It may be true but it hasn't been officially stated.

It is if we are drilling deeper, yes.

25p

Only £150k robmasters?! Small potatoes then eh? 😁

Is that adding to an original, earlier holding or is that a re-entry?

Oh and whilst all PSA's in Tanzania have been reviewed in the last 2-3 years there was no change to the terms of the 2022 Ruvuma PSA.

Highyield do you mean PSA or GSA. The price of the gas under the terms of the GSA was "commercially sensitive" but they did say that it is close to what you might expect - so, when I asked "so Kiliwani plus inflation" the Sultan nodded. Ufufuo said "so about 3.9$ per MCF" and again the Sultan nodded.

So if you add inflation (quite high @ circa 10%) to the figure quoted by SC below, you won't be far out in my view.

Being offered 1.211p for 3 million.

And here it is - the first "shake".... 😉

1.25 - 1.29 - I am actually 5% up on my average Buy price from yesterday!? I did not think I would see that so quickly....

Yes OM but we will likely see at least one and probably more shakes today, the first will come sometime soon.

1.12 - 1.15p - BLUE!!

Blimey. One swallow doesn't make a summer but that is looking a lot more positive.