Member Info for dai2belts

each cylinder 8.5m3 is approx 300cf, so 3.33 cylinders = 1mcf

Air products sell Technical Grade Helium 47L Cylinder £487 plus vat. Includes Cylinder, Premier Grade 47L £610+VAT
47l Cylinder= 8.50 m³
$1.39/£
Article 2020
The last year helium prices were posted by the Federal Government was in 2018. The estimated price for private industry’s Grade-A helium was about $7.57 per cubic meter ($210 per thousand cubic feet)(mcf)
Works out at PG $119/m3, TG $95/m3... TG/m3 ~12.5x 2018 price..
Probably a wild assumption, assuming no discount for bulk 12.5x210=$2625/mcf
Presentation was $40l($1500/MCF)

https://pubs.usgs.gov/periodicals/mcs2020/mcs2020-helium.pdf

I see from the presentation, thought they might have been very recent, from an exchange..

Could you tell me where you found the current helium prices, been looking but only found historical prices in articles.
thanks

Compact 3 page Admission Commentary Doc, worth a read, easy going..
http://www.helium-one.com/wp-content/uploads/2020/12/20-12-08-FinnCap.pdf

Full Admission Doc(198 pages)
http://www.helium-one.com/wp-content/uploads/2020/11/259989-Project-Apollo-CLN-reduced-memory-Final-13.11.20.pdf

Some updates on Twitter plus photos of the seismic trucks
https://twitter.com/Heliumone1/status/1371771280882556929
https://twitter.com/Heliumone1/status/1371719910431334406

Oh, decimal place error again
should be $70,000,000,000.00 not $70.00
Mind you a $70 funder would explain the wait for the captive bank..

Question for all LTH
The Captive Bank(Quadrivio) , and The Funder(Open Funding, SH) ..
I was under the impression syme had
1. chosen a single funder($70 Portfolio) for the Open funding route, the 1st issuance SH and future funding.
2.Created another funding route, the captive bank(Quadrivio) expected end of Q1 soonest.

So my question is since the captive bank gets first shout in all geographies, and may well begin funding before approval when does the mystery funder get a turn?

The Captive Bank will have an exclusivity/ first look condition in order to allow the latter Bank to originate clients and the Platform to achieve a lower cost of funding.
In order to "accelerate this funding route", further negotiations are in progress with the target Bank in order to begin working with the Supply@ME Platform earlier, in accordance with a pre-agreed interim period, "waiting the completion of the authorisation process".

The Open-Funding securitisation enables SYME to programme a series of securitisation issuances that, together with cornerstone investment from its Captive Bank operation, should provide access to a deeper, ongoing pool of capital, facilitating the provision of the inventory monetisation service across "several active geographies."

Given the funding capacity of the Quadrivio Group, a widening of discussions relating to their involvement in "all" securitisation issuances, via the Captive Bank

Q13
The first securitisation issuance, co-arranged and distributed by StormHarbour Securities LLP.
The Company intends to disclose to the market the identity of the Inventory Funder.
As stated before, SYME is now in the final stage of a typical securitisation transaction and the market "will be" informed by the end of the month

Thats my feeling too, a feeling backed up by that famous oil find while out shooting rabbits ;)
Also the Uni study has been kind of described as the new approach to helium discovery.
There was an article posted about the roads and access, the Tanzania officials pushing for development money for a road talked as if the helium was a given, well thats the impression the article gave me..
Do you have links to the small scale production, as they describe it as a frontier prospect which I assumed to mean a new unproven field..nothing produced in the past..
I think the main risk at Rukwa is the seal and pressure..
But truthfully I dont have a clue, I just read the main document when someone makes a comment.
Which quotes the 20% and 138bcf. I have seen suggestions that the figure could way more than 138bcf, and lower too.
There are the other two fields which have not been included, so there are other opportunities with funding.
http://www.helium-one.com/eyasi-balangida/

first spud May

From the report..
Eyasi and Balangida prospect maturation
HE1 currently has not revealed any prospects on these two licences that are at an earlier stage of investigation than Rukwa.

I have not noticed anything in the report, I believe the risks are based on just Rukwa.. I am clueless really, I just reference the report.
The other two sites,
What the report suggests is that the Eyasi field is very similar to Rukwa. They are undertaking further work at Eyasi at the moment, including updating the sample data. I guess they are hoping for a higher percentage of helium, inline with Rukwa. Maybe another risk analysis will be produced for Eyasi later..
I believe helium concentrations were upgraded for Balangida(~10%) by a joint study with Oxford University in 2016 at the same time as Rukwa..
https://www.londonstockexchange.com/news-article/HE1/eyasi-project-update/14833049

Not going to look now, but I think in a SH update, the reason for selecting the big funder was because they wanted to be involved in all future securitisations...
Probably misinterpreted an RNS or two..

Has anybody been looking into funder updates/history?
We know Quadrivio is backing the Captive Bank,
latest Q&A Suggests the Bank gets first shout on all securitizations..
And to quote -->· given the funding capacity of the Quadrivio Group, a widening of discussions relating to their involvement in "all" securitisation issuances, via the Captive Bank....

First securitisation issuance refers to Storm Harbour, where I thought a big funder was chosen over a group of funders, hence the delay..
Is this big funder second to the bank or the same?
Interested to see what people come up with...
There is nothing bad here just maybe a twist, maybe not..
Maybe I have confused things ..

But I also believe the funds raised were enough to cover up to and including the 3 wells, and further funding will be needed.
RNS released this week has details of a new joint broker.

Well if 3p/share makes it comparable to a Unicorn I want another comparison...
A 30p JonesRsoarus Rex

Nice to know I am not the only one doing typos, had me worried for a moment
"we have seen the shares trade 'now' lower than 3.8p"

Thats my understanding, take a look at the report I have linked for you,
Quoted from initial report
"Reasonable risk but very low cost for frontier exploration
This is frontier exploration but Helium One has a number of independent shots at goal,
there is plenty of encouragement from surface and geological data obtained to date,
and the actual exploration cost is very low in comparison to targeting similar - sized value in oil and gas exploration.
In aggregate the competent person reports see 10-14% chance of success for the 2021 target prospects, although each
prospect has multiple targets. However, HE1 sees around a 20% geological chance of success. Source and migration
have been derisked by surface seeps, the reservoir has been proved by previous wells and the trap is data limited by
2D seismic and gravity gradient data.
High relief structures are imaged by both geophysical data sets. The biggest risk surrounds seal but sealing units are known in the geology. "
"Each of the three prospects it will drill in early 2021 has three stacked targets, in essence providing nine shots on goal"

https://mcusercontent.com/110d0aa5f5d9bf9478796664e/files/58194820-d910-4c75-b085-a151b97344ee/Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf?utm_source=H%26P+Master+Contact+List+%28Sements+and+Tags%29&utm_campaign=78f95cbff0-EMAIL_CAMPAIGN_2019_05_20_02_05_COPY_01&utm_medium=email&utm_term=0_dd4f91613c-78f95cbff0-371771967

For those like with no knowledge, 10 Minute Video running through 4 stages of a water well project
Not exciting but not boring, and not to long, got colour pictures
Desk study & baseline report
Geophysical Survey
Drilling & testing
Reports
https://www.youtube.com/watch?v=3c0iPjM65JU