Member Info for dai2belts

I seen Symes updates, using Vechain tech and NFTs for IM, what happened to their own scalable platform that they were also going to white label.... Its like they were selling a solution that they never had, just biding time for other fintecs to provide the solution... They put the idea out there, waited and jumped on board...

Makes me wonder is MW is waiting for an opportunity with NHE, after reading the MIDAK posts

There will be a lot of guys to pull and peg when those tents are erected,
I guess he knows the ropes by now.
Do tents have guy ropes these days?

@Troajan, what was he mid price when they went through?

@DD13, is that you selling in 100 lots, it wont work if all at the same time ;) lol

Probably MW selling to invest in the licence this September ;)
With all the work ahead for phase 2 , makes you wonder when he is looking extra commitments

https://www.linkedin.com/pulse/midak-engineering-continues-expand-moving-next-phase-michael-williams?trk=public_profile_article_view

Just seen the womens football highlights, off side or not move over for Lorna Dave , let the women show you how its done ;)

@No1, I think we some academics who have read the manual, and are all thumbs hands on..
Like they say there are plasterers, and there are plasterers ;)

Void that Cider makes me wicked,,

IG, if He1 teamed up with the Chinese, and DM said we can't get a rig. they would build us one..
And if Dm said we cant get a crew, they would say we have 1.4 billion people, we have lots of crews for you.
And if you want an off-taker, you dont have to make that up again, we have off-takers
And we have lots of bubbles too, if you need

I think the race is on..
Could come up with some conspiracies about NHE links to Chinese influencers within the Tanzanian Gov...
But it would all be denied, just like I do with regards to my English relatives...

You married guys having to keep the wife happy in the bedroom, no time for your mates, I don't know...
Lucky for me I have Shandy, Stella and my Bud, they make good for a party

@IG, He1 have historical 2D data, its probably from the same source as NHE's.. Completed aerial surveying too, but not 3D, thats to pricey for DM ;)
NHE have chosen the services of BGP for their 3D, a Chinese company which is part of a bigger state backed company, CNPC and the Chinese state probably loves helium
and being generous

lol, just fishing for ideas
last years Risked/unrisked sp was based on 4 prospects out of 21(maybe 19)
Now it looks like we are just drilling one of 4, and its only the old analyst that seems to mention the original 3

Take a look at page 2, consider the last year its been just about Tai, and it looks like this phase is just about Tai and a lake bed target within Tai.. Liberum have mentioned a 35% CoS, so that takes Tai risked price to 9.25, and a 1bcf lake bed to 1.5p. So ~11p plus cash and extras.. 14p assuming others as per table..
But if as per table then 5p plus extra's..8p, thats where we are now without a rig..

The unrisked prices remain the same unless the bcf is higher, or the $/mcf is increased for the calculation.

Anyway for some reason the new lake bed closure seems to have taken the place of that karoo play in my mind, not sure why but if thats our 2022 discovery, and its only 1 bcf then I have already paid more than unrisked price...So will be locked in for 2023 but in that case there will be more..

Liberums CoS 35%, their 19p risked and 54p on certain success suggests 10bcf, so that is based on ?
But I assume that 54p is based on reaching production as there is a risk assigned achieving that

https://www.helium-one.com/wp-content/uploads/2021/09/21-09-08-Hannam-note.pdf

No1, more than 10p.. reason?, I was thinking 1p

No1, thats what I am wondering, is the company only worth what it has in the hand..

I think wall street talking about He1 cash burn is to get people using their site, we know money will be short after drilling Tai, even DM mentioned raises for further drills that may add value to the company..
If there is a drill DM will probably get the FOMO going again, point out to investors all the pi's going crazy for He1 shares, and highlight its a good time to invest at a 20% discount knowing there is an insatiable demand, almost guaranteed profit.
If he raises after another duster, thats really going to dilute..

No1, here is a good question...
A company has 4 holes to drill, hole values on completion 10p, then £1 each, so £3.10 in total.. 10 shares in issue..no debt, no cost to drill. But only 25% CoS as the ground is so hard, but might be lucky and complete all 4..

It drills 1 hole in the 1st year, its worth the full 10p, whats the likely share price?

No1, Do you have the link? I am not the really the best person to ask, not that knowledgeable..
But If they need money they will raise it one way or another. There are plenty of companies that offer loans for shares, they know how to play them into our hands at a profit. Just out of interest take a look at Death Spiral Financing..

QFI have an interesting set of RNS related to funding, thats a company that has a green fuel, for many years its been so close to making it commercial, big trials.. so has needed lots of funding..it still going..

Do you read the BB daily?

@Foraye, are you invested or thinking about it..

@Gogs, I would have thought they would have been keen to update us on the estimated sizes of the new resources discovered by this years 2D...

I can think of a few reasons why He1 would not want to announce plans yet, especially since 2022 could be just a single drill.. As long there are other discoveries in the pipe line we can sleep easy