Member Info for dai2belts

At DeepblueDiver
The New Dubai ,sky rocketing island prices.".

Need to pick one suitable for the race track, Tanzanian formula 1

https://www.privateislandsonline.com/region/tanzania

Rift systems already providing helium, this could be the 3rd.

Fund Raise Highlights

· Significiantly oversubscribed Placing and Subscription raising £10 million at 10p per share

· Funds will be used to continue the fast-track development programme of the Company's Rukwa project in Tanzania

· Proceeds will enable the Company to save significant time and costs by keeping drilling equipment in the field to carry out appraisal work immediately following intended exploration success

· Proceeds will also allow contracting of 3D seismic over any discovery, maximising resource to reserve conversion and allowing completion of the majority of the field appraisal programme before the end of 2021

· Company's directors intend to participate in the Subscription

"Whilst the three well exploration programme remains fully funded from the Company's existing cash resources, additional funds raised at this time will now enable the Company to contract the drill rig to allow appraisal drilling to take place immediately following the anticipated exploration success."

https://www.lse.co.uk/rns/HE1/placing-and-subscription-to-raise-16310-million-0yqbbubbkr72spc.html

Biggest game in Europe, England v .
Biggest Lion population in Africa, Tanzania
Possibly Englands Biggest win this year
Possibly Tanzania biggest discovery this year
The 3 lions
The 3 wells
And
Mr ST's helium canister
FOMO

Thanks again, your a lucky find :)

Any of your islands on that list :)

I was waiting for someone to say Tai-2, appraisal. Thats an exciting speculation...
Will have to see if the next photos have extra pipes in the background, I assume they would move the rig within the site to drill a new hole for appraisal or could they drill at angle from the same spot?

Just read part 3, really interesting, great story, those Texans wont try that again,

Thats easy for me :)

There will be lots of reasons to sell, hold or buy
Those who sold at 28p, will have been within 3p of Tai's unrisked 31p, I think that is good without risking the results.
At 28p if in at 7p made 400%, and have a larger stake ready for the 2nd drill if the price lowers enough, especially if Tai only provides a wealth of data.
If Tai comes in with 10% helium then I expect those out now will have to pay more to get back in..
If some doubled their money at say 25p and sold 1/2 now, they have their stake back and a free ride..
Some will hold to what they think is the last minute before making a decision, if we get a 10% show tomorrow I guess everyone will hold..
Some will being risking profits, other savings
Then again I guess some people are still boarding?

@SGF
I am thinking we might get a show announced then have to wait for the wire-line testing and flow sample.. Would be nice for the show to come Friday, and have all weekend for the news to circulate.
Fingers crossed..

The Show RNS
Helium shows identified in shallow strata from 70.5 metres
With over 1000 metres still to drill at Tai-1

Again just for fun as I dont know whats involved in drilling the remaining distance
So another 1000m, assuming open hole drilling, no casing, stable bore walls ??
From 400M at 39.4m/d ~15 days
From 535M at 53.3m/d ~9 days

Not sure that 1000M is to TD or crest of target..

Its all estimates so who knows for sure..
just for fun....
12th-19th (7 days to drill 55m and case/cement)
1st july--Interview, Afternoon DM talks about first target at 400M, (its about 135/140M thick).. So could think the drill is between 400-540M down..
Being optimistic, assuming its 535M and interview was recorded 30th then drilling again 1st
19th 5pm-30th 5pm= 11 days
11 days to Drill and Case 345+135=480m/11days(345= 400 less 1st 55m)
allowing 2 days to set pipe & curing time(guess work)
So 9 days drilling time gave an average of
480/9=53m/d

if it was just 400m, the ave speed for estimated 9 days drilling
355/9=39.4/d just like SiesPros estimate

@Glib, glad I watched that video you posted showing how they mapped together the stratigraphic sections to form a subsurface map, adds some more context
map page 3,
page 4 Seal
The two historic (dry)petroleum exploration wells in the Rukwa Basin
demonstrate stratigraphy with effective seal capacity. Additionally, bentonitic tuff beds described in the Lake Bed Formation and Red Sandstone Group have
the potential for high-quality seals. Seals are present within and at the top of the Karoo section as evidenced by the Ivuna-1 well. Observed seismic amplitude anomalies are conformable to structural highs may be related to gas effect in the rock, in which case effective seal is demonstrated although well data is required to confirm

Doc SeisPro was referring to

https://mcusercontent.com/110d0aa5f5d9bf9478796664e/files/45bd96b2-5e30-8aa0-0478-4b6c975c216f/Helium_One_June_2021_update.pdf?utm_source=H%26P+Master+Contact+List+%28Sements+and+Tags%29&utm_campaign=32a5189c94-EMAIL_CAMPAIGN_2019_05_20_02_05_COPY_01&utm_medium=email&utm_term=0_dd4f91613c-32a5189c94-577593370

Just need the highest % show ever recorded on friday to get the excitement bubbling up over the weekend :)

@SeisPro
Nicely timed post, you must have a 6th sense
Was thinking all the suspense and no post from SiesPro...
720, I was thinking cased below first target by 1st July so gas from that zone does not skew gas in mud samples approaching second target.. so about 540M, plus another 300-350 end of today..
But I dont have a clue at what sort of intervals they complete casing, is there a standard practice, min or max lengths?
Been looking but not had any success, just found curing times..

But 720 means I can chill until next week :)

Thanks DBD
So can I think of it as the predicted profit after all costs and taxes?

In early has paid off for many, its got me thinking about adv

The suspense

I just ask questions, if I was a shorter I would be hated here :)
Its all new to me and have had to do some work just to be able to understand some replies, and be able to reply.
In the early days DBD would read the board and fill in the gaps for us all, and be willing to rewrite until I got the gist
luckily I have not been abused for any rubbish i have posted :)