Member Info for dai2belts

Actually makes sense ...

__Measured Resources__

Measured Resources represent the highest level of geological confidence. They are characterized by:

Data Quality: These resources are estimated with a high degree of accuracy due to closely spaced drill holes and comprehensive sampling.

Geological Knowledge: There is sufficient geological evidence to confirm continuity between points where data has been collected.

Economic Viability: Measured resources can be used in detailed feasibility studies to evaluate their economic viability for mining.

Investors view measured resources as highly reliable indicators of a project’s potential value because they are backed by extensive data collection and analysis.

__Indicated Resources__

Indicated Resources have a moderate level of geological confidence. Key characteristics include:

Data Quality: While there is enough information to estimate quantity and grade, the spacing between drill holes is greater than that found in measured resources.

Geological Knowledge: The continuity of the mineral deposit is reasonably assumed but not guaranteed.

Economic Assessment: Indicated resources can support preliminary economic assessments (PEAs) but carry more risk than measured resources due to less certainty.

For investors, indicated resources suggest potential but require careful evaluation before making investment decisions.

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__Inferred Resources__

Inferred Resources represent the lowest level of geological confidence. Their characteristics include:

Data Quality: Estimates are based on limited geological evidence and sampling information, which implies significant uncertainty about both quantity and grade.

Geological Knowledge: Inferred resources rely on assumptions about continuity that have not been verified through detailed exploration.

Economic Viability: These resources cannot be converted into ore reserves without further exploration to increase confidence levels.

Investors typically assign little value to inferred resources unless there is an ongoing drilling campaign expected to upgrade them to indicated or measured status.

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=Jorc%2C+measured+vs+indicated+vs+inferred

Lol, GRL should be nearing the top of the last, but sp must be at the bottom, maybe it will bag :)

16p, just 1/4 of the way there..

This helps to think about it....

I guess Hex are at the last dip maybe that was 13,5p ..the question is will they come for more money

Cora look to be at that dip too, and Cora have a 70m funding facility

And Grl

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=apply+lassonde+curve+to+helix+exploration

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=apply+lassonde+curve+to+goldstone+resources

There is that mining curve, High on exploration, low on feasibility studies, then starts t climb again...

I don't have enough experience to think past exploration...

Watching GRL though because its troubled, or has been so has the speculative potential to double current production, so must be near bottom at the moment.. Yesterday somebody bought £55k, to be able to get that position they must know their stuff

Its so hard to get it right, you just don't know for sure what the market will do..

I don't understand why people sell when the price will keep climbing if they hold, nor why people buy so late.. :)

Lol, what I say usually turns out Bol. .locks ...

Just reflecting on the gradual down trend, and approaching production.. and that down trend pattern being seen on others, approaching production, or in early stages He1, Matd, Jse, Txp

I try not to look at things that way, so treat each trade individually, not an average..that also reminds you an averaged out win might consist of a 50% success rate....

but once I have a limit invested I find it difficult to use more cash for even a day trade, missed some really good opportunities though.. like Gex 4p

So you did'nt buy any as the volume picked up,......

We make a right pair ;)

My excuse was I thought Kev might have bought, what's yours lol

I guess these 3 could generate $10m-15m, so with no debt, maybe a MC of $20-30m..

That could explain recent trading between 13p & 16p or £20m-£25m

£30m = 19p

AI, 70% correct....

Revenue Projections per Well

Darwin #1 Well: (my number $5.5m revenue)

The initial flow test results revealed that the well achieved sustained commercial flow rates of 2,750mcf/day.

The Darwin #1 well has already demonstrated commercial viability by producing approximately 2,750 Mcf/day at a helium concentration of 1.1%. This well serves as a benchmark for future revenue predictions.

Based on a flat helium price of $500 per Mcf, the expected annual revenue from the Darwin #1 well can be calculated as follows:

Annual Revenue=Daily Production x( 0.011, Ai missed this)xPrice per Mcf×Days in Year

Substituting the values:

Annual Revenue

=2,750Mcf/day ×500$/Mcf x0.011 ×365 = $5.5m

Linda #1 Well:

Helix plans to drill the Linda #1 well with an estimated cost of approximately $1.3 million to drill and complete. It is projected to generate around $4 million per year in pre-tax cash flow.

Weil #1 Well:

The Weil #1 well is expected to double the current production capacity at Rudyard. Similar to Linda #1, it is anticipated that this well could also generate around $4 million per year in pre-tax cash flow based on previous testing results indicating strong reservoirs with helium concentrations between 0.9% and 1.3%.

He1, is getting closer to production and the share price is hanging around penny, which is the lows..

Once revenues are known we will find out if MC £60m can be supported..

So what's Hex's predicted revenues ?

Wow 54 trades so far

Prem just filled two gaps, fingers crossed Horult had a big winner there :)

https://invst.ly/19quxg

You are probably right but a pump could come anytime, and its not unusual to hit the peak price a little while before results.. So fingers crossed..

5p will give the 2.5 pencers double so that could be tuff resistance

Unbelievable put the top risers into a live watch list just incase one went wild, after watching no change popped out to find prem added another 110%

9% on a Thursday , could it be FOMO Friday ?

0 , I got in early :)

4.09p just gone through

3x £10k buys this morning, and a £9k..

One thing for sure they are not all mine ;)

That statement although true is misleading, I will be an AIM CEO one day maybe

Mmmmmmmm, I guess catching the results on the day is more important than catching the call early

Future calls are planned for late summer 2025..............

Or

The next call for Strategic Projects under the European Union’s Critical Raw Materials Act (CRMA) is anticipated to take place in the first quarter of 2025.

Future calls are planned for late summer 2025..............

links here

https://www.lse.co.uk/ShareChat.html?ShareTicker=GOLD&share=GOLD.L&view=thread

=============================================

The penny share results of 1st call, which opened in May 2024 and closed in August 2024..

Announced 25th March..

EMH, up on the day 155%, ....having the lowest MC, and main project selected...

SAV, up 3%

MKA, up 14%

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Up 3%, SAV MC £98.21m, NPV $953m , (IRR) 77.3%

52 wk low 3.20p,Hi 4.9p(today), close mid 4.55p.

28th March, 4.8p :)

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Up 14% MKA MC £48.87m, NPV $503m, IRR 31%

52 wk low 4.2p(dip from 6p), high of 15.25(today), close mid 13.75p,

28th March, 12.45p

------------------

25th March

Up 155% EMH MC £45m NPV $1.94bn, IRR 36%

52 wk low of 5.50, high 24.60(May), close mid 21.5p

28th March, 12.5p :(

MC £27m

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https://www.lse.co.uk/ShareChat.html?ShareTicker=GOLD&share=GOLD.L&view=thread