Member Info for dai2belts

Phil and Grant will be happy with their shares and wont need to get heavy..
We already have our first uplift with a price of $375/mcf the P50 138bcf the in-situ value is now $50B, an extra $12B on the original value.
So fingers crossed for a strike,
A few extra percentage points on the helium concentration and that P50 value is going to look well under estimated..

@Inthevoid
To excited to chill, paper works in, rigs arrived, and its the weekend, and radio is playing all good feeling stuff..
Should'nt have added the "?", makes it read different, a challenging question, rather than adding..

A friday good feeling ramp...
In the Goldilocks zone we have Tai
It sticks out like a sore thumb
Not He1's best, so I assume there is better to come.
Its larger than 1st thought, at 10km^2
Its broad and robust
Vertically stacked,
an obvious 1st drill
A super exciting must drill
So we are told, :)

Sure DM described Tai as Robust, which I took to mean ideal strata for drilling?

Think the MMs are feeling good today, already added a penny on yesterdays close, I hope they get la id sunday night..

He probably got that from st_johnsmyer,
Both wrong
I am expecting a Show and Discovery by then, and may be a 8-10% sample.. :)
Well a show at least..

I noticed canaccorde were not list in the L2 table today
We have had a couple of good rises following HLOGF when it was trading on otc pink, not always though .
But we also had a very good RNS today, a good tweet and more publicity with a written article published twice, plus the video Troajan linked..

just hope he1 are smart and dont get ripped off when they do find some bananas

Yep, I watched that video, getting a few trucks to their destination in Tanzania..

Traffic cops might impound the transporter and rig on the way to site.
Then the official required to sign the release paper is away enjoying the UK weather
Oil leak around the drive to the wheel station, and they dont have any bananas.
The transporter breaks down because the driver has been selling fuel between stops
Drilling app not compatible with operators version of android

From H&P report when the sp was 7.2p, 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%.

Warrants issued to raise funds, there a probably terms and conditions, when they can be executed. That may include a share price, sets of warrants executed at different share price targets, should be in the admission document..
"Helium One Global Ltd (AIM:HE1) ("Helium One" or "the Company") announces that it has received notices to exercise warrants over a total of 3,891,115 Ordinary Shares (the "Warrant Shares"), for which funds of £308,278.27 have been received by the Company."

Might be some price action tomorrow depending on how these shares are, or have been sold, if sold..
3,891,115 Ordinary Shares (the "Warrant Shares"), it is expected that Admission will become effective at 8.00 a.m. on 13 May 2021

And we take it all for granted, it amazes me when you think they discovered what we cant see, feel or touch and found applications

cheated
Sir Joseph Norman Lockyer KCB FRS was an English scientist and astronomer. Along with the French scientist Pierre Janssen, he is credited with discovering the gas helium

This example has 3 targets
https://www.arescotx.com/photos-videos/multi-formation-vertical-well-drilling-animation/

Cheers DBD
I watch the videos, but dont see the bigger picture until someone like you adds or someone asks a good question :)
Just wondering now if Tai is +10x that initial 1.7bcf, going on 10km^2, or even x20..
I thinks its going to be a big big surprise if its sealed..

Shares outstanding seems to have increased but not the float according to FT.
all games, down yesterday, up today, no news..

A bit missing, Tai is approx 10km^2...
And $375/mcf..
just did the new sp in my head :)

Thanks DBD.
You have the grey matter working now, so I assume they could drill to the first target and do what they do, then if it covers an area overlapping the lower target they could seal and insert a sleeve/tube through the upper target..so sealing the walls of the bore... If that makes sense as I have watched videos where they sleeve/line the bore hole and later perforate a section to release the gas..
I like the decimal place error, giving 111bcf, image the sp..
The admission doc has 3 targets for Tai, but DM only highlighted two.
H&P have used a combined P50 bcf for Mbuni, Kasuku and Itumbula of 18bcf for the sp calculation..
H&P also suggests the largest closures are 10km^2 when discussing wells per closure, and the 3 largest P50 bcf values, are approx 16, 21 &22 bcf, plus DM mentioned the drill sample could indicate the bcf value is more, double, because of air dilution in the previous samples..all speculation though.