Member Info for dai2belts

9K3:FRA
(EUR)0.264Today's Change0.038 / 16.81%Shares traded104.50k
9K3:DEU
(EUR)0.264Today's Change0.024 / 10.00%Shares traded199.72k
9K3:MUN
(EUR)0.243Today's Change0.006 / 2.53%Shares traded10.00k

Missed out a bit..
Only joking, I still have all mine until I decide on the news flow
At the moment I am thinking the exploration results will very likely have a show, as the smallest is good enough and likely the right rocks for seal and trap will be reported.. The gas sample we have already been told is not guaranteed, its an attempt to take a sample. Then the appraisals will tell all..

I hope they were buys..how big
210K looks a buy
100K looks a sell, de-risking I guess..

Its really annoying when I have to pay commission twice

@Ezhik, thats great, starting to see the bigger picture..
Trying to build a picture of news flow, so I have more chance of realising the news, say when cementing the well is for the right reasons not a failure..

So no twitter updates if the report is due end of month..
Should'nt we get a notification or update mentioning the June report, I guess thats He1's choice?

So possibly another 2 weeks of suspense, if they decide to choose silence until big news...
And any big II trades could signal the illegal use of information available only to insiders..

My interpretation is positive news will still be announced during the closed period...??

Heading:- Why Companies TEND to Stop Making Statements During a Close Period-
Companies TYPICALLY refrain from releasing price-sensitive statements or news during the close period. Companies MAY CHOOSE to withhold making statements during the close period to prevent the company’s shares from being affected ahead of the release of the expected financial results.

https://www.investopedia.com/terms/c/closeperiod.asp

Thanks DeepblueDiver, much appreciated.
I usually checkout interesting posts, thats why I ask so many questions, and through experience have learnt the majority can be wrong, and even the expert..
So my next questions.. :)
He1 drill the exploration hole and bridge plug it so it can be accessed at a later date. Then returning to site, drill an appraisal well. So we have a 4" bore hole and a 7' bore hole and commercial volumes underneath both wells..
Whats most likely to happen to those two wells, would they be developed any further, simply used as 4" and 7" holes?
Obviously there are options, just looking for ideas..

Thanks Glib,
that was a clear explanation, well worth watching
Also found side wall core sampling, not whats being done here, but clever, 2 minute Video below
https://www.slb.com/reservoir-characterization/surface-and-downhole-logging/wireline-openhole-logging/sidewall-coring

I have checked what DM said, just to ensure he did not say the core samples were being analysed and results returned during appraisals. He definitely said that the exploration well will be a ~4" hole, appraisal will be a 7" hole and they will take 6 3/4" core samples..
I have not found any clear info on taking a traditional style core sample from a pre-drilled hole that is being widened, just side wall samples.
Maybe the cores will be from the exploration well, that is what google research suggests with my very limited knowledge..

My question to whoever knows.
Since the drilling rig is directional maybe the appraisal well will be a separate hole??

So thats one solid core piece showing the true structure of rock needing to be done as hole is drilled..

Recently its been suggested the mineral rig will drill about 60m/day, so could be up to 20 days to reach TD, 1200m..??
Only relaying info

Core samples DM said they would be taken during appraisals?
But that brings questions..
Is the core sample like a compacted log formed from fragments, and chucks like reforming pork bits into a joint , or a whole rock sample more like a premium cut of steak?
Just if its a whole piece I cant see how it will done later?

Significant expertise in corporate finance
Passionate interest in environmentalism, sustainability and green technology.
At a multicommodity private equity group focussing on development projects in Africa, was responsible for the investment of approximately US$450 million in various projects from the exploration to feasibility stages.
He has previously worked in various geological and managerial roles for Rio Tinto, the British Geological Survey, Cleveland Potash Limited, ScandiVanadium Ltd.

Renergen Limited , Free State of South Africa acquired its Gas Fields from Molopo Energy Limited in April 2013, taking the Gas Fields from a STRANDED gas asset into production with funding from the US government and an Initial Public Offering on the Australian Securities Exchange.
Renergen discovered a SANDSTONE reservoir within the production right area, giving the Group access to one of the world’s most concentrated helium sources. The gas reservoir contains helium concentrations of up to 12%, giving Renergen the potential to become one of the major global helium suppliers. South Africa will be one of eight countries in the
world to export this extremely rare gas.

The Island Pemba(Tanzania) flying fox bat is one of the largest bat species in the world, with a wingspan stretching 5.5 feet (1.6 meters) across, usually roasted..

The New York Times Natural Foods Cookbook by Jean Hewitt
Should satisfy the drillers
Fruit bat soup
Ingredients
scallions, soy sauce, fresh ginger, onions, fruit bats

Well, even if the price does not move on drilling there will be plenty of other events to fill that glass..
3 to 4 exploration wells, so 9-11 shots a goal
Then the appraisals of good reservoir seal structures

https://arstechnica.com/science/2021/05/scientists-give-bats-a-helium-voice-mess-with-their-echolocation/

DeepBlueDivers Helium Video Library
https://www.lse.co.uk/ShareChat.asp?ShareTicker=HE1&share=Placeholder&thread=BEE8B095-F05B-47F3-B171-39E06C3A0D8E

Bunsa said to watch for the trolls, and recently regular posters are getting into the DELAY post, and now the likely hood of 19p being a spiral downwards on bad news coming.. So far the chartists have failed to impress, Joshwaa making sense though..imo
At the moment there is no evidence of a delay, 1 June update was drilling in 2 weeks, that's next week, just a couple of extra days is the end of next week..
There are probably more people viewing this BB per day than trades at the moment , its all off putting , you have me made me feel uncomfortable..
Not surprised 1 of our new posters sold,,

Bananas

– investor Presentation-
https://www.youtube.com/watch?v=A4zVkhSXlNw (6th May 2021)

See DeepblueDivers video library..
https://www.lse.co.uk/ShareChat.asp?ShareTicker=HE1&share=Placeholder&thread=BEE8B095-F05B-47F3-B171-39E06C3A0D8E