Member Info for dai2belts

Somebody claiming the dip is panic and a big buyer is loading up......

More like the whole thing has been worked to forward sell high before next raise....

Give up Deep, although results beat expectation, if people dont realise that flow rates must pay opex and capex, ..

That makes me laugh, ...

true to form cleverly crafted update to create hype, must have been done with NOMADs input, key crucial $mcf/d missing..... Expect dilution soon as somebody must be selling into this.... no other reason for such a well crafted update...

But we still missed out,lol....... when I play these types , they turn honest ;)

I am in total disbelief.......price is evening holding...

why....??

Pump exceeded expectations, flow & helium

Helium exceeded peak concentratiion

Exceeded P90 figures , assumption must be P90 is commercial although looks like it is not

Said its time for third part financing, people assume its JV time

omitted $mcf/d

Magmanus, take that info and convert to mcf/d,

Deep100, its coffee time, say no more, you troll lol

Not great, 0.227mcf/d At $1000mcf is just $227/d, $82k/y , how many years to pay back ......

I asked both Chatgpt and Google AI to convert 1 step at the time... both same result.. here are ther steps and values to cvheck manually

Step 1 — Convert Water Rate to Standard Cubic Metres per Day

You provided:

15,000 bpd

Conversion factor:

1 barrel = 0.158987 m³

15,000×0.158987=2,384.8 Sm³/day

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Calculate Total Gas Produced per Day......this why the price is up, people assuming P90 given by He1 in RNS is commercial...... this is a misleading useless comparison, but they did not say commercial..

Water rate = 2,384.8 Sm³/day

GWR = 0.05 Sm³/Sm³ ave

GWR = 0.04 Sm³/Sm³ P90

Total gas (Sm³/day)=Water rate (Sm³/day)×GWR (Sm³/Sm³)

ave case 2,384.8×0.05=119.24 Sm³/day total gas

p90........ 2,384.8×0.04=95.39 Sm³/day total gas

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

Helium per day

Helium = 5.4% → 0.054

119.24×0.054=6.44 Sm³/day helium ave

95.39×0.033=3.15 Sm³/day helium. p90

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

Helium to Mcf/day

1 Sm³=35.3147 standard cubic feet (scf)

6.44×35.3147÷1000=0.227 Mcf/day helium

3.15×35.3147÷1000=0.111 Mcf/day helium

I was too slow to jump in, because I did home work first....

I am not saying any more, but I asked AI to convert in steps

Convert Water Rate to Standard Cubic Metres per Day

Calculate Total Gas Produced per Day

Calculate Helium Produced per Day

Convert Helium to Mcf/day

same result

Thats what I have been given 4 times now by AI... Market reaction says different but MCF is the important number as thats how it is priced, and its omitted..

did you work it out yourselk or use AI ?

4 times I have present the info the AI, differently, but obviously using the data.... 0.227mcf/d

It cant be right the price is up..

Anybody converted to Mcf/day ?

BB reads likes its commercial

I asked chat to convert, I did believe the results 0.227Mcf/day, so asked google and it confirmed it

Total Gas Production (4.21 mcf): This represents the entire gas volume (Helium + Nitrogen + any other gases) produced daily.

Helium Production (0.227 mcf): This is only the 5.4% portion of that total gas.

Two things,

mentioned this before, the RNS feed fails again on a hot share

helium is sold in MCF, yet that value is missing from update, who gived a f-=`2 about anything else

they flow 250,000 barrels water in 20 days, thats 12.500bpd, yet they can flow 16000bpd, ave 15,000bpd, but no MCF

Https://www.londonstockexchange.com/news-article/HE1/southern-rukwa-project-update/17461809

No news pumps just before expected news, often time to de-risk especially when turning a large loss around,...

But sometimes fortune shines...

Probably plenty of traders putting £10k down as they know the liquidy is there to exit , just need a group working together to pump before results to get the FOMO going, and Monday is week 4 of a 2-3 week phase, so its the time .....I would'nt be holding after fridays pump..

I will be checking for that update 1st thing, so far every pre-news pump preceeded poor results, but I am not sure they were so big....

But I guess if someone is loading up like that they will be selling into volume, and Lorna knows how to sell the results before giving numbers...

I think Nigel is talking about selling when you sniff a placing , then buying back in later.. selling at a premium buying back at a discount if you get it spot on...

I remember QED actually warning that a placing may come early, but FOMO was ruling, and those who got out doubling their money missed out as the price doubled again. But those who bought at the top never recovered

Yesterday was Friday 13th, anybody loading up may become supersitious....

Worth watching Monday, Lorna might go all super rampy if a raise is needed, especially if there are overun costs.... All rampy and no numbers, just the thing for speculative FOMO..

He1, we missed out there, up 70% in two days

I hope No1 held his CLN tickets , and sold out yesterday.......

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Just looked at the chart. wow thats some move on no news.... its up ~170% from CLN lows, if those guys held on to the cheap tickets, thats big profit

Up 70% on the consistent trading range thoughout flow testing period, last updated 19th Jan, giving a 2-3 weeks testing phase and its the 16th Feb Monday a full 4 weeks on.

So was that an anticipation pump or somebody getting out before poor news ?

Up 110% from start of Rukwa operations...... Seems it pays to closely follow a company, and not drift away or get distracted

https://invst.ly/1fh611

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8th Dec they announced they had removed the completion string, so if you assume that was a week into the project , they have completed 10 full weeks, Monday start of 11th, thats a huge spend...... If Monday, 9 weeks from string removal to complete flow testing, with no mention of further dilling nor frac fluids to clean up ?......... there was waiting on the pump.... Fund raise due at least for G&A, and maybe overrun costs, which makes that pump scarey......