Member Info for dai2belts

@KevR, looks like PRD have the 7p seller club too, strong rise to 7p first 15 minutes this morning, for the price to lose all gains..

looks like He1 depends on Noble,

Also that CPR downsized Tai significantly, 5.9 to 2.8bcf, so its value, and hence the value of the drill, yet the house broker has upped its target price...probably on the overall resource upgrade, but its only one drill...

Proactives article, stating the brokers target price does'nt make clear how they come to this 20p ?

Seems a bit of media ramping.....

Leo, I was visited by UNDP Tanzania Leaders to give me feedback on the work they are doing regarding minerals in the Morogoro and Singida regions. #UNDPTanzania They are doing great and good work through their European Union African Caribbean and Pacific Minerals Development Program project, which is about developing women and young miners in Tanzania in Construction and Industrial Minerals. Along with that visit, I had the opportunity to lead a session between the Energy and Minerals sector. We discussed the important issues of cooperation, especially the coordination of the issuance of Helium mining licenses and Oil and Natural Gas exploration licenses in the Eyasi Wembere Basin area. Also, we discussed the lack of electricity in areas that have been granted special mining licenses (Special Mining Licence) for Sotta Mining (Sengerema), Tembo Nickel (Kabanga), Faru Graphite (Mahenge), Zem (Shinyanga) and the areas of small miners. of minerals. The Ministry of Mines will continue to cooperate with all stakeholders to develop the mining sector.

Volume

April 2.1Bn

May 844M and counting, needs to run a few days into June before May total completes

https://www.londonstockexchange.com/stock/BZT/bezant-resources-plc/trade-recap

Weekly

https://invst.ly/105b6t

750k, how long will that last across 4 projects

- to settle £174,961 of accrued fees ("Conversion Shares") and the settling of £101,250 of consultancy fees

So 500k, £125k for each project ?

Worth downloading todays trades, some big orders around 7p, both sells and buys

https://www.londonstockexchange.com/stock/HE1/helium-one-global-ltd/trade-recap

My Guesses at what I checked

7 758,675 53,107.25 ?

6.96 225,000 15,660.00 ?

6.975 300,000 20,925.00 ?

7.18 578,877 41,563.37 Buy

7.1 280,381 19,907.05 buy

7.01 250,000 17,525.00 ?

7 220,000 15,400.00 ?

7.012 250,000 17,530.00 ?

7.07 200,000 14,140.00 ?

7.2 435,286 31,340.59 Buy

7.2 385,209 27,735.05 Buy

7.011 1,000,000 70,110.00 Sell

7.025 500,000 35,125.00 Sell

7.011 300,000 21,033.00 Sell

7.15 207,723 14,852.19 Buy

7.031 200,000 14,062.00 Sell

7.022 300,000 21,066.00 Sell

7 950,000 66,500.00 Sell

7.188 300,000 21,564.00 Buy

7.145 200,000 14,290.00 Buy

7.022 300,000 21,066.00 Sell

7.09 310,000 21,979.00 Buy

7 200,000 14,000.00 Sell

Electrical part next time ?

Electrical part next time ?

22-May-23 17:06:30 6.60 1,168,000 Unknown* 6.50 6.60 77.09k O

Here is Liberums 19p/54p target

https://www.proactiveinvestors.co.uk/companies/news/975565/helium-one-shares-have-100-upside-according-to-city-broker-liberum-975565.html

Here is Liberums 19p/54p target

https://www.proactiveinvestors.co.uk/companies/news/975565/helium-one-shares-have-100-upside-according-to-city-broker-liberum-975565.html

@KevR, I just found this, not posted on He1 yet, and hopefully nobody will notice for a day or two..

Liberum 20p, but does not say on what, risked or unrisked, 1 prospect or 2 or 3,

20p, on just Tai seems high for a single prospect

https://www.proactiveinvestors.co.uk/companies/news/1015669/helium-one-global-s-tai-plan-validated-by-cpr-suggests-broker-1015669.html

@SeaHawk, the second well, was that really drilled for any real purpose other than mates get out rates ?

Pirates count 20 paces to the right and probably give up digging at 70m ;)

@Horult, the spud, Mmmmm,

Might get a clue which way its going to go when rig is announced on site..

Have they said they will provide updates while drilling?

Logging while drilling ?

Interesting, just 1500M, but 30 days plus logging,

I would have estimated 2 weeks drilling, so a lot will be jumping early not to get caught by a bad result..

The Velociraptor 1 well is expected to reach the prognosed total depth of circa 1500 metres in circa 30 days following which the well will be logged and the results evaluated.

suggests there is going to be a delay before announcing results unless its a gusher

no mention of flow testing, so later I guess

Looks like a second well will be drilled for flow testing, if the logs suggest..?

Not sure why they did'nt design the 1st well for flow testing, probably cost vs risk..

Have they said the 1st well will be drilled, and abandoned or left for re-entry?

All permits are in place for Velociraptor 1 and the contingent appraisal drilling.

I think they have been with holding info, but Keith mentioned Liberum have put out a report but he has given no info ?

Page 6, where the CoS was upgraded, but not Tai ?

https://drive.google.com/file/d/1CgLPqGAJsQBTPXmH_l_K4mwIAPjbJ4h1/view

They have been acquiring interests in production assets. I need to have a listen to the last interview, and read up on that loan facility..

But 68p was the low while waiting for Montara, blipping up to 80p ahead on news, and once +90p

But when announced not all wells were back on-line, and production nearer 10,000boepd than the expect 14,000boepd ?

Its probably worth seeing if there is a tight daily trading range, especially if the down trend is over.

2000 shares at a penny, £20 commission covered, rest profit

Also it had lots of big blips previously

Lornas interview, bigging up the CPR company, DM style...so same script writer..

The CPR halved the size of Tai from what H&P had stated for the drill..?

So originally after 2D Tai was way bigger than 1st thought, later reduced to about 60% of that..

So tai has gone from 1.7Bcf, to 5.9Bcf, to finally 2.8Bcf,

COS was always 15% but a long way short of DM claiming its the best chance if Kasuku(5.2bcf) was realistically upgraded to 28% ?

Interestingly the whole resource has been upgraded from 138Bcf to 212Bcf, but no other sites were mentioned,

especially intriguing is Tai only added 1bcf(1.7-2.8)of the extra 74Bcf.. that suggests on average each of the other 20 sites were increased by 3.65BCF.

So Tai, is not the biggest or the best CoS ???

All my talking about it blipping, its multi-bagging off the low...

@KevR, it was a cash only payment..

Overall at the moment I am out of pocket, probably about 10%, 192+115=207p, paid about 226p with costs :(

Might reinvest it into JSE, thats got a lot more production to come online while CNE is all up in air,

will have to compare market caps ad production...

Then again what reinvest, I just have half my money back, and half the amount of shares...sounds like a refund on a part cancellation

Fingers crossed plenty reinvest and combined with the share buy back we get a nice blip

Just need Tro to shout the low

@KevR, thats my questions answered

Targeting Completion of Farmout by end of May

So two trading weeks, before people start to suggest delay and missing August deadline..

Still saying rig is in the yard being work on, upgraded... must be like new..

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02668048-6A1150995?access_token=83ff96335c2d45a094df02a206a39ff4

Noble, SLB (formerly Schlumberger) engaged to provide integrated services ..

Was expecting them to use Baker Hughes since they would be in the area, so I wonder if He1 will change

Last week of May, June last month of Q2.

Probably people getting nervous ,

Have Noble provided a completion date ?