Member Info for dai2belts

(not he1)
But apparently its different for shale, but I could get the Doc, only a snippet...
"A shale with low concentrations of organic carbon (typically below about two per cent) probably won't have the capacity to produce oil or gas in useful quantities. It should also be noted that a high TOC value is not necessarily an indicator of shale gas potential."

(not he1)
@Keith, you probably know this stuff, but just in case..
Total Organic Content..Source Rock, Hydrocarbons...
https://nora.nerc.ac.uk/id/eprint/509720/1/OR14056.pdf

Relates to PRD RNS
19th RNS
"Geochemical source rock studies unexpectedly showed that the section between 800 and 1500 metres frequently had Total Organic Carbon content of between 0.85 and 1% raising the possibility of not only a thermogenic dry gas source but also a biogenic gas source."

Just a bit of info....
Rang a bell, since He1 changed theirs,,,never realized the significance, its huge...

Kibo are changing theirs, just did not get it done quick enough...just twisting the situation a little ;)

The Company is in very advanced discussion with a new nominated adviser with their appointment subject to completion of due diligence, until which time the Company will be without a nominated adviser. Pursuant to Rule 1 of the AIM Rules for Companies, the ordinary shares in the Company will be suspended from trading on AIM at 7.30am on Monday 12 December 2022.

If, following such suspension, the Company fails to appoint a replacement nominated adviser within one month of the date that its shares are suspended from trading on AIM, the admission of the Company's shares to trading on AIM will be cancelled at 7.00 a.m. on Thursday 12 January 2023.

https://www.lse.co.uk/rns/KIBO/nomad-update-and-suspension-7y3iy0a78alu4uj.html

@Keith, okay, on what you say :)
CoS= Source x Migration x trap x seal x Mike x DM

1x1x1x1x0.6x0.4=0.24 or 24%

Thats really good for this type of drill

keith, suggesting its 100%, sure your not ramping ?

Marshalls were there to drill 3 exploration wells, and 3 appraisals..
The purpose of the $10m raise..was to keep the rig on for appraisal drilling
So with a proven system they could have moved on to Kasuku, given the highest CoS of the original prospects, and roughly half the rated depth of that rig...
Or even could have made a second attempt to drill Tai to depth, missing the fault, lol

DM is legally unable to give the CoS , but H&P, a house broker were able to upgrade, even double the CoS, and publish those figures...?

Other companies also state their own CoS while making it clear its not from an independent..

lol, Tro we are similar, But I do have a real mobile phone, its a phone, not a computer, not a camera, or gaming machine..
I think they call them drug dealer phones these days, no gps....
Does do texts tho..

try some weak reading glasses coated with anti-glare, makes a big difference..
Those big flat screen TV's with a lot of blue background play havoc with my eyes..

Those long down trends, supported with forward looking news are the ones, QFI and Matd..
Matd, probably the result of the land issues, still there, been there since at least 2021
QFI, forever waiting for trials to start..
Both in the same situation too, but Matd has the exploration well this year, and QFI have attended conferences alongside MSC..

I suppose TRP and Boil if they get their drills going..
just remembered, I followed a few guys from He1 into ADV, while at the same time others into BOIL, both due to drill at East Timor..the guys in Boil had bigger upside I guess... ADV drilled a duster, and boil just extended the licence,...

I wonder if He1 will be doing that, simply extending licences ....lol......

Void, that calculator really highlights how quick your money can can grow..
Not sure how long oilers are going to be about, but high impact spuds, in early 50% is achievable...
Matd has just gone from all time low 1.55p to 2p before latest presentation, now its over 3p just days later, they have the same legal issues that stopped drilling in 2022...In 2022 they were made aware before the drilling season, doubled back then too... shows AIM traders are bonkers, probably bonkers wealthy too....but I they also have a frontier exploration drill for 2023, when the rig with a backlog of drills turns up...

Void, do you know its roughly the same advice Ezhik gave to me during Tai, added with the advice of a few others, my portfolio would be almost twice its value if I followed...luckily I only left my profits on the table..
I very nearly went all, that would have been game over, the time DM wrote "The drilling at Tai-2 will test one of several targets" when he should have clearly stated the intention was to test the lake bed show, so just one particular target.....

@RD,
Do you have your next company lined up ?
Don't forget to share ;)

@RD
Try this calculator,
Present value, >>your investment
Interest rate, >>your target gain
Compounding set to None.
Periods,>> each of your trades,

So set yourself an average gain, say 50% which is achievable on high impact drills like this..
Should help balance setting a target to achieve goals, and keep a hold on greed, and risk
And if this spike early, before we even get started, might be first trade to achieve your goal, without the the risk

Check the history EOG DELT ECO PRD..see what was on offer, easier said than done...

https://www.mathsisfun.com/money/compound-interest-calculator.html

Best of luck

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Where do we think Boil will settle, likely new low, obviously we dont know, chances of 1p ?

@Rd14, The BB are full of different posters with different ideas, some out for themselves, that could be to bring the share price down, or up.. Those who believe, entice others with their positive thoughts, genuine, the price crashes and they are the bad guys.. It does matter to me what game is played, the guy thats taken the most from me is the CEO, but ultimately I am to blame, my own doing for playing...
But saying that I hope he does'nt change his ways, and once we get moving does what he does ;)
You could be a fake, plenty of very charming fakes on these boards... who knows
Don't worry about it...

So now you have that money invested, whats your plan, since you have all your money invested you need one..
This could go lower than your purchase price if there is a raise at these prices, briefly though as long as its to fund the drilling. If it does, great I want some, to get my average down to yours...
If to fund multiple drills, great news in my opinion, better for you, as you get to lose less on a duster..
And another chance...

Now, your invested, you really need to look at other shares, to see how the price moved at the different stages, placing, rig mobilsation, spud(start of drilling), up to results especially on drills less than 1 month, assume less than that month DM suggests..
If you hold for the result and its a duster, and just a single drill, you will have messed up your plan..
If you hold past the point people started getting out you may lose a fair part of your profit...
If the result is good, I dont know, not been there..

Take a look/graph EOG, 1 month drill, finished ahead of schedule, because it was a failure, duster,
It has production, so the price did'nt crash.. I lost half my money invested
PRD is running now, first placing at 5.5p, reached 12p before second £1.25m placing at 10p per share, so could have sold 11.25/11.5p, that would have been the time to get out with maximum profit.. I held too long, sold about 9.5p..50% profit, could have been 80%
DELT, a long drill, funding, price as dropped from the peak, before spud..

With the delay you have in buying, you want to be selling when the price is moving up, after making your target.
Dont be greedy, lol

lol, DM is a character,
DM style.....
Uh ye well, H&P did'nt actually upgrade Tai but if its comparing on a like for like basis the highest prospect in the report was 28%,(not in the entire portfolio) but I believe that was an in house upgrade, so if its higher than that its about as high as you get for an unproven prospect..

https://media-exp1.licdn.com/dms/image/C5612AQFNXq7LklyRfg/article-inline_image-shrink_1000_1488/0/1530815172815?e=1675900800&v=beta&t=_612hw7tv6zIg2SbSZ-1WNBWjB8T-4hqopboUY4-S0s

Questions
in q1 what do you think the chances of a commercial success on this drill are asks Adrian Calder
22:44
uh so we uh obviously have internal numbers for chance of success uh we don't discuss them in uh public because
uh as you know though I mean so it's uh it's a it's a it's a it's a formulaic
approach which works best to compare like for for like within the same Basin
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......
....

24:21
do you expect to find commercial success or do not expect to find Commercial Success at time
24:27
uh well of course I expect to find Commercial Success brilliant

https://www.helium-one.com/analyst-research/
Scroll down the page. most recent at top, click the links bottom of each update for the reports

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I think as we gain more experience we will get there, its learning to take at the right time, instead of holding, and taking those opportunities like IOG

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guys, DM showed that nice red gravel track, probably because posters have mentioned the dirt roads,,,

Their home page shows......
https://www.helium-one.com/wp-content/uploads/2020/09/exploration.jpg

If you want the CoS, just read the H&P notes, its given there...
Initially sounds not so good, but its very good for this type of drill..

could be the song for 2023 :(

https://www.youtube.com/watch?v=dxNMgoiNLFs

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Ta, light day for me today, knackered, especially the eyes..
If you sell Orr, let me know,
Do you have an account with investing dot com..
Every now and then a huge watch list opens, a tease to get you to sign up, high lights unusual volume, 52 weeks lows, I suspect live prices too....

@Ezhik, Just looking at a long post you crafted for me on He1, its spot on so far... ;)

Thanks

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@Tro, Orr, what your take on where it is, expected next news...
Always shattered by the weekend, its hard work, being busy doing next to nothing

https://www.youtube.com/watch?v=l7vRSu_wsNc