Member Info for dai2belts

Cameron a Schlumberger company...

https://www.slb.com/-/media/files/cam-drlg-dp/catalog/drilling-products-overview-catalog.ashx

Nas-k, all BOP parts...
I dont see a shear ram in that list, but I dont know if thats because its working or not needed :)
This video is worth a watch(posted earlier)
https://www.youtube.com/watch?v=8D2UTEfGyP8

Time to count sheep, night

@Nas-k, One of the parts, what else is listed...
There seems to be Cameron refurbishers and second hand dealers about..
https://pickettoil.com/store/mechanical-rig-surplus/blowout-preventers-bop/cameron-blowout-preventer/

@Nas-k, how did you find out it was a Cameron BOP ?
Predator 250 Rig spec, just lists BOP Housing
https://www.epiroc.com/content/dam/atlas-copco/mining-and-rock-excavation-technique/drilling-solutions/documents/Epiroc%20Predator%20250.pdf

@Nas-k, I wonder if the predator rig uses Cameron bops ?

@DD13, you still awake ?

@AP, A good find by the telegram poster, and yourself
Best post for a while, learnt plenty checking it out :)

September, 3 months to fix up that rig, get the bits and bobs, and if josh is right start drilling drill 2 holes...

Just out of interest I dont think the VBR is a jointing tool but is able to conform to the shape of a joint, and more when sealing the bore..

"A variable bore ram (VBR) enables a ram-type BOP to close and seal on more than one size pipe. This is in contrast to the standard pipe ram which is designed to seal on only one size pipe. In the standard pipe ram, the elastomeric packing material is supported against extrusion by rigid steel plates which are shaped to fit closely around the pipe. In VBRs the elastomer is contained by a series of segmented inserts which cooperate to conform to any of several pipe sizes as well as tool joints, kellies and other parts of the drill string whose size lies within the range of the VBR."

https://onepetro.org/OTCONF/proceedings-abstract/81OTC/All-81OTC/OTC-4008-MS/47672

As part of the rig inspection it was said they would be testing pumps, so I guess they will be testing safety devices too, which is the BOP. So I guess the VBR failed and needs replacing... but I am no expert..
This video covers primary(drilling fluid(pumps)) & secondary(BOP) barriers,
https://www.youtube.com/watch?v=726vY7bcFl8

Saying that it is part of the rig setup, can you drill without BOP or one not in working order???
Wish they told us more

Maybe, I guess they want to be ordering long lead items regardless of the rig passing its tests..
While the parts are coming they can be getting the rig ready..
Have they been advertising for any other parts, could be thats the last item..

@AP, still look for parts then
I think that VBR is a pipe ram.
variable-bore rams (VBRs) enable you to seal a standard BOP on several different pipe diameters
https://www.youtube.com/watch?v=8D2UTEfGyP8

@Latorre, the more up side the more will want a punt, some happy to get in earlier for smaller but likely good rises..

@AP,
Have you seen the link, just seems odd to advertise for one role when a crew is required
Those drilling pipes require jointing all the way down to 1300m

@Latorre, "Opportunities like this" unfortunately I have heard that a few times, but maybe this time will be different..
It does happen ;)

Thats a Rampers phrase lol

@Latorre, Canaccord had 20p fully risked, and 36p on a discovery taking into account further funding would be required..

I wonder if any anyone who posts here has seen liberums write up..
I would like to know how they get 54p..
Maybe they have used more than $250/mcf or two discoveries.....
Two discoveries leans towards the refined data at Tai, Karoo and lake bed plays,,
Too little info this year, just bits to tease...

@latorre, your not much of a ramper ;)

The price target incorporates the broker’s belief that Helium One has a 35% chance of geological success, it said, but was not afraid to suggest 54p would be attainable if success was certain. :)

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

Some of the previous warrant RNSs stated how much He1 recieved, (price.x.shares), I assumed its just been left out this time..

@latorre, have you got a link to that brokers note, so we can see their reasoning

@Harpmandoodle, sorry, did'nt see your post ...

Should say warrants can provide on going funding as the company progresses, by setting dates and prices as conditions to be met before they can be exercised..
Warrants can also be part of a loan, but not in this instance

@Paperhands,
These warrants are probably financial notes issued as part of the IPO.
In this case...
They are an agreement for He1 to issue shares whatever the market price for 2.84p..
The holder will likely have a period when they can exercise these warrants , start and expiration date
They can be left to expire, especially if the share price never reaches the price on the warrant..
So its a way of raising funds as He1 get 2.84p from the holder for every share issued, but in this case the holder can make x3 if they sell
They have been warrants issued at various prices, the higher prices providing funding as the company meets it objectives
Something like that
Sometimes warrants are issued for free to investors who provide early funding as a bonus, to be exercised if the company does well..sort of .