Seems a bum deal considering its been much higher, I wonder why they accepted..
He1 pumped this morning, always a few big buys at top price gets it going, but buying big above 1.5p at this stage seems crazy as your getting in top of trading range, above a level thats failed to hold, and risking poor news
It all makes you wonder about that 2.2%, or 22000ppm reported at Tai-1..
Now Noble, He1 and Hex reporting multiples of atmospheric helium which is 0.0005ppm..
I had found an article related the geothermal well drilling where they used helium as an indicator.. They would drill down and establish helium in soil levels, set that as the reference background, and monitor for changes exceeding that level... which is close to Tai-1 as they reported the measurement equipment was not calibrated, I assumed because the hit before setting BG ???
"....therefore, there is no correlation between the reported scale of the anomaly and the grade of helium present within the formation.
There is no correlation between the intensity of a helium gas-show and the grade of helium within the formation. Nor is there a way to determine from a gas-show if the helium anomaly is associated with free-gas or a gas-saturated-brine. "
It has low volume and is being bashed everyday at the moment, what crazy with these new O Oil & Gas types, is how they can list before they have all the permits in place.. He1 was the same