Member Info for dai2belts

If the company is not sold there will be a healthy free cash flow, so I would guess a good share price and nice dividend
They are looking at $50M to build a production plant and maybe up to $30M for other costs such as infrastructure.
The payback time is about 12 months producing just 1 truck load a day, 350 000 mcf a year, thats $130M/y at $375mcf.
So after a year they could self fund another production plant, after 2 or 3 plants , they will be producing 1Bcf, influencing market supply..

Why will the handling of helium be a problem its not something new?
The $50B is only based on Rukwa, they have two other fields

Use the watchlist, add some shares and you will see even the safest ones go down before recovering, you can observe a share your interested in while doing your research.. Add IAG, thats traded a lot so goes up and down, its stuck around £2, just to watch..Not saying buy though, LLoyds bank is a slow steady riser, Rolls Royce a target for institutional shorters, it can be quite volatile then calm for weeks before making good gains.. not saying to buy though
I have one that often drops almost 20% over a few days, then recovers in a few more days

@UnicornHunter,
AZ has used "will", along with the 1st securitisation, but we are still waiting..

Update 1st June, pad construction well underway and drilling expected to start in the next 2 weeks..
Makes me think next update will say site prepared, and drill willing start on *day..

investing.com have live candlestick charts, no login required.
shows patterns forming too, although they dont seem reliable

I think so too..
So when they say "start drilling" I assumed thats the well all prepared and ready to start drilling towards total depth?

@kevinRound, so what was your reasoning for the share price dropping enough to sell and jump back in, against your thoughts of the price rising when news could come any moment..
Just interested, i know a few have been playing on the delay raising doubts, got me thinking anyway..
But I cant help but think we will get a helium show..

I think DM will have a big story to tell at
https://gasworldconferences.com/conference/helium-summit-2021/
And will be popular with interested parties from USA and China, and others
https://gasworldconferences.com/conference/helium-summit-2021/#speakers

Camp(2nd given location) and lots of photos, maybe some extra not on twitter, unsure??
Not sure about location based on route displayed to drill site Tai being 349km by road..but google does not like the bridge at Kipeta.. but still 1hr 40 over bridge?

Camp 2(latest clue)
https://www.google.com/maps/place/Helium+One+Campsite,+Rukwa/@-8.2172046,32.0515613,3a,75y,90t/data=!3m8!1e2!3m6!1sAF1QipPtZ1y7-bxQF4KbbaVyF9Kb3ztd7rG1fjKx3jk_!2e10!3e12!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipPtZ1y7-bxQF4KbbaVyF9Kb3ztd7rG1fjKx3jk_%3Dw159-h86-k-no!7i1216!8i656!4m14!1m5!8m4!1e2!2s113294038637741527056!3m1!1e1!3m7!1s0x19a8ed4178703f05:0xcc97382541d7aec6!8m2!3d-8.2172046!4d32.0515613!14m1!1BCgIgAQ!16s%2Fg%2F11rfnhhmzw

Route to Tai. long..
https://www.google.com/maps/dir/-8.367621747931697,+32.34151102090538/Helium+One+Campsite,+Rukwa,+Ilemba,+Tanzania/@-8.7606309,31.8541614,9z/data=!3m1!4b1!4m11!4m10!1m3!2m2!1d32.341511!2d-8.3676217!1m5!1m1!1s0x19a8ed4178703f05:0xcc97382541d7aec6!2m2!1d32.0515613!2d-8.2172046

Camp Via Kipeta bridge to Tai, leg 1, 1hr 20m
https://www.google.com/maps/dir/Helium+One+Campsite,+Rukwa,+Ilemba,+Tanzania/-8.3528717,32.2844712/@-8.3379403,32.0930057,36941m/data=!3m2!1e3!4b1!4m9!4m8!1m5!1m1!1s0x19a8ed4178703f05:0xcc97382541d7aec6!2m2!1d32.0515613!2d-8.2172046!1m0!3e0
leg 2, 18minutes
https://www.google.com/maps/dir/-8.3528717,32.2844712/-8.367621747931697,+32.34151102090538/@-8.3663429,32.2916275,9235m/data=!3m1!1e3!4m7!4m6!1m0!1m3!2m2!1d32.341511!2d-8.3676217!3e0

Perils of retrieving seismic mics, that collected Max sample and what helium is doing
https://www.youtube.com/watch?v=_BhAyhppOvw&t=11s

@dbd, calm,
well its seems the trolls are arriving and non posters complaining at regular posters, and even rubbishing peoples questions or just not bothering until there is something worth moaning about..

I am just waiting for that subtle difference in gas to be reported by the guy tending the possum
I am not sure I would like to be the guy interpreting those logs, but I bet its done by computer these days,
all the attempts Seispro as made at educating me as only proven geology is not my strong point, ;)

@*, have you read SeisPros post about updates through drilling, then compared the updates (show etc) from DME & RH, and then listened to what He1 will be reporting during exploration then appraisals..worth doing..

really crude calculation, assuming 5 factors, all given a likely probability of success, 70%(0.7)
COS (chance of success) = Source * Migration * Reservoir*Trap*Seal
0.7x0.7x0.7x0.7x0.7=0.16807 or 16.8%
But obviously the factors will have varying values, and the seal is probably the biggest risk
kasuku has been upgraded to 28%, but we dont know how HP recalculated

This is worth a read, 28% for a wildcat drill appears to be as good as it gets, according to the info in the link..
https://www.linkedin.com/pulse/how-do-geologists-risk-oil-gas-prospects-alan-foum

So post exploration activities have already been funded, planned and scheduled.
He1 have taken advantage of the 2D infill highlighting Tai is an excellent sized(Bcf) prospect, and features all the horizons likely to be encountered offering valuable info,
The pad is being prepared as we speak, and derampers are shouting about delays ..

@Joshwaa, you never know, and it should provide some entertainment tonight looking through sat images, worth posting imo

@Joshwaa, the link does work if you copy the whole line (https://www.google.co.uk/maps/@-8.2196622,32.0502866,1371m/data=!3m1!1e3)
The objects in the field can be seen in other fields, and all the photo could not be at that location, but thats not to say its the wrong camp location, just need to find some up to date sat images of the location

2016, Dar es Salaam. Some independent analysts say the recently discovered 54Bcf helium gas in Lake Rukwa could be worth $3.5 billion,
“With this latest find valued at $3.5 billion, Tanzania has much to gain, considering its nominal GDP stands at $46.8 billion. "

2021,
P50 138Bcf, at $375mcf, the in-situ value of that gas is closer to $50billion, more than the 2016 GDP...

Tanzania has much to gain considering the fiscal terms for helium extraction are 3% royalty, a 16% free carry available for the Government and the corporate tax rate of 30%.

https://www.thecitizen.co.tz/tanzania/news/helium-could-earn-tanzania-3-5bn--2560720

I can see holdings related to people with significant control have up to 2 months to report changes about the 25%, 50% or 75%. levels
This compares 3 reporting requirements for PSC/RLE, DTR 5, AIM 17, side by side table
AIM: checklist on shareholding disclosure obligations
https://uk.practicallaw.thomsonreuters.com/Document/I264788f4676111e79bef99c0ee06c731/View/FullText.html?ppcid=87cbca76a611494d841501ce00afffdc&originationContext=assetPage&transitionType=KnowHowItem&comp=pluk&contextData=%28sc.Default%29

@SpeculativePunt,
Could be a good clue in there, thanks

@reallyden
DM has'nt mentioned much about the construction of the wells, but the drilling mud will be monitored for helium in real time so when a show is noticed it will be reported.
I believe Tai's total depth is about 1200m, and no estimated has been given to how long it will take to reach TD, that I recall.
The crest of the top target at Tai looks to be about 500m looking at the seismic sections.
Guys here have suggested drilling speeds of 100m per day, maybe faster..