Member Info for dai2belts

@watchmanwill

Thanks, that sounds a bit more like it,
it so easy to go off on a tangent researching when you are lacking the basic knowledge.
DM said the were going to use bridge plugs at the exploration wells to allow access later on.

I have been checking the free float on FT.com and it has not increased since April, well it did then it reduced.
I am unsure of the make up of the free float, but do know our shares make up part of that.
But when scir sold their shares the FF did not show any change, so I assume their shares are as ours, or maybe the PI's did not get a look in..
Just waiting for a knowledgeable poster to provide some clues

@Deepbluediver
What sort of construction will the pad consist of and what sort of set up will it eventually hold..? just for ideas..
Been googling but all seem to suggest multiple wells on the pad, allowing movement of fixed rigs on skids..

1% of the free float held by just 3 guys, and plenty holding tens and hundreds of 1000s, no wonder volumes are low..

Oh,
I know a few here have mentioned they are close too and above 1M shares, and have mentioned topping up since saying.

I know a couple here have mentioned they are close too and above 1M shares, and have mentioned topping up since saying.

I doubt it will be on google earth unless google are completing a survey of the area during camp construction or after it is completion..

I assume the spud does not reduce the drilling time, by adding to pre-drilled depth ??

Rough estimate
Drilling between 100-150m per day
I would guess about 6-7 days to the base of the first target.
Second target 10-13 days, inc TD
Using Tai's siesmic section the base of the resource in the karoo looks to be about 1200-1300m..
All rough, though and I may be wrong

It was a good bit of banter with inthevoid, entertaining while not much FA is going on..
But with what our resident geologist has confirmed(opinion only, but also that of He1) I can see why inthevoid is struggling to sleep, posting early hours and first thing..
Using the info that gave the 88p revised share price, and then adding the increase to $375/mcf i think we are looking closer to £1.44 for 18bcf,
Then if that Tai gas sample is 8% :),
and DM is keen to get that sample at exploration instead of waiting until appraisal..
So it could be big news, significantly increasing the value of the asset

@ST, the more SiesPro answers my questions the more I see and the more confused I get.
And I never quite get my question right, but get something really good in return,
I will have to get some beers in and start from his first post, but what is really bugging me is I think I can smell that helium here in wales, just like we get that Saharan dust

A TA said 30p end of the month, not sure which month,

@benoro
From H&P report , December 14th 2020
Helium One has 64mm options and warrants outstanding at an average exercise price of 16c/sh (70% premium to the current share price) in a range of 0-40c/sh.
We exclude the options and warrants that are significantly out of the money; this leaves 54mm at an average exercise price of 3.6c/sh. If all these options and warrants are exercised it would raise US$2mm and increase the share count by 11%.

Admission doc page 9
PLACING, AMALGAMATION AND ADMISSION STATISTICS*

Number of Loan Conversion Shares to be issued pursuant to the 29,008,239
Convertible Notes
Number of Options and Warrants on Admission 63,559,161
Percentage of fully diluted shares capital subject to options and warrants 11.3%

Admission doc section 16, page 40, share options and warrants
with Further details of the options are set out in paragraph 5 of Part VI

page 155, section 21, share based payments
page 159, section 26, dates extended
page 166 part vi, para 5

http://www.helium-one.com/wp-content/uploads/2020/11/259989-Project-Apollo-CLN-reduced-memory-Final-13.11.20.pdf

@Ezhik, I was reading your post about the likely share price movement that you wrote back in April, you seem spot on. So I guess experience over TA is the key, especially for young shares like this one..

out of interest, following on your conversation I looked at the issue price, those first investors are likely to 10 bag soon, 2.84p.

@SeisPro
I looked up Bentonite clay after it was mentioned, saturated it is a barrier to Nitrogen our carrier gas, its also used for carbon capture, lots of things really. I should have asked you, it took a while before I found the right search terms..

Originally SRK's analysis for Tai had targets in the Upper lake bed, Lower lake bed and Red Sandstone, so will be interesting to see what the drill shows..

I have another observation which I find interesting, because I dont understand the difference I see, especially when both areas are traps, so I would expect them to look the same.
The Dip line seismic section slide, with fault lines added, and the penciled in red,yellow, and blue lines highlighting the down thrown layers, before DM adds the blue shading over the targets.
Where the upper target is situated I notice the red, black and white lines are faded.
Where the lower target is, these lines are prominent.
So is there any significance to the clarity of these line and the traps?
I expect possibly not, so the trap locations are based on the shift in layers along the fault line which is very prominent on the left side?.
Depending on the answers, I have another question about that spot under the blue line which reminds me of that trap area below the red line, more than below the yellow line :)

I suppose posting links to cider ads is financial stuff

I never knew that, so I guess if i left it soak over night it may have rehydrated like marrowfat peas or even sprouted after a few days..All they seem to grow around here is rape seed..

@SeisPro DM mentions Dry/bright reflectance and light areas?
I think he is referring to the areas with the faded lines.
But to me bright could mean lines that stand out, or white areas(faded lines).
Then Dry, he might be saying bright but transcript says Dry, its probably bright, and he seems to suggests this could be seal related...
What do you think?
https://www.youtube.com/watch?v=A4zVkhSXlNw&t=2065s
34:29 subtle features areas of dry reflectance
35:40 got light areas in the red sandstones

Stealing from the trucks and pinching from the field.
I have a friend in germany where potatoes are farmed, after harvest the locals collect the smaller left over potatoes.
Here they are called salad potatoes and are sold at a premium.
My elderly neighbours told me those small salad potatoes used to be left in the fields as nobody wanted them