Member Info for dai2belts

Hey Void, maybe the worms are cutting edge technology, every 10 worms adds 0.5 degrees of tilt to the drill angle..
That greens, working with nature..
Been watching directors talk interview, that's his dodgy PR outlet - off-takers ;)
Do you think he is trying to get discount prices for his mates, we have a rig, but .....

@Sinequanon, its like the chicken and the egg, which to arrange first..
Surely the required essentials have been lined up for the planned date,
Maybe its just some drama, for our thriller 25 steps, mk3

@Josh, appreciate all your replies..

@Sinequanon, I have an awful memory, so have go back and read things over time after time...
But DM did a detailed presentation on Tai...Multiple targets, in multiple horizons, So it was not all about the Karoo..
And he suspected the clay being as was..."areas which are in the red sandstone which might be bentonite beds"
"we've got you know nice repeating reservoir seal structures especially throughout the karoo "

There were 2 primary targets, obvious as DM described, 1 being at the base of the lake beds,(below), the other in the Karoo..
There is a slide showing the faults with a scale, and 2 seismic sections that show both targets. Using the scale you can see the highlighted targets are quite a width... They appear comparable in size if DM highlighted the actual areas, not wild circles...

Anyway after following other companies drills for gas, you get to notice differences in steps taken, may be just not mentioned...but I dont have the knowledge to know if thoughts are valid...but waiting would have been part of a step,
And it sure is obvious we don't get given the full picture, but I think thats all about the share price during times of inactivity...
Anyway fingers crossed on the rig tests, after that its a question of whether our bits and bobs have next day delivery and if we have an honest delivery driver ...

@Turbot, Not as fed up as you will be if that rig is full of wood worm or termites, fingers crossed its been treated

@Josh. I was being sarcastic, like me, you have assumed it has been demobilized, DM has not said so, but he could have..
I doubt but may be its a purchase, on the condition it passes the MOT, A1 ready for a Tai discovery, and many more drills after..
I recently read an article where a company bought their rig, along with the required supporting packages for their drilling campaign, so its possible..
They did say they had options, which I assumed was different models of rigs, hired..

Well it was unlucky they moved 25 paces and pinched out..lol
Anyway I think they missed the sweet spot...we will see by how much in Q3...

I do wonder if that wait was longer than expected, and thats why we had the sell off..
AP could well be right with her hunch..

Good night :)

I will let you think about what does not get caught on ledges,

Tai-2 was just 25 foot steps from Tai-1, amazing luck they hit those shows then ;)

@Josh, You have a picture based on what you have been told, looking at the pieces placed in front of you...

A bit like we have a picture He1 have arranged some sort of endurance testing before deciding if the rig is tough enough for the job..
Its probably been stored away and requires some maintenance and certification by the owners,
If it had been damaged then I would have thought it was the responsibility of the previous users, but the just my assumptions..

@Josh,
The RNS for Tai-2 stated they were going to test ONE OF the untested shows. On the other hand Ians interview suggested they were collecting data which is what your pointing out and turns out to be the case.

But have you considered they were collecting the extra date while waiting?
There is an article, where the guys thought they hit the big time, then the drill bit snapped, that was at 50% the depth that rig was rated for.. Those things happen.
Plus the news flow was always there is better below lets not stop, may be that was an error, who knows..

Not everything gets stuck on ledges...

Now I have not said anything for or against......

@Heliumbull, I am sat here thinking the same, DM gives me mood swings, I am not fan of his PR...
My last post is a positive, or a negative depending on a set of events, like the right wine with the right food or in my case larger with a curry, Ale with cheese, and never milk chocolate with any larger or Ale..

I am no expert but there is something missing from that story, even from the RNS version of events..
Thats the impression I have after reading another companies set of events drilling for gas..
Remember they were at Tai for about a week after drilling that hole, could be Tai-2 was filling in time, after all they decided not to drill down to the point where they thought they had the big discovery, where the drilling pipes snapped

Some rig spec in that interview.
Drills 8.5" to 2500m
Mast rated to 100T

Mentioned Tai depth 1300m, so maybe a little deeper...

Mentions an international inspection team testing the rig, I doubt thats MIDAK themselves..
If they are hiring a rig from a reputable global company I would imagine its engineers working for or on their behalf testing the rig.
If its been laid up for some time it will need work to bring it back into service, and I would guess it will need operational/safety certifications before being released. So not sure its a rig that is currently or has recently been drilling unless it has been damaged..
lack of clarity as usual..

oh, remove the spaces
https://www. director stalkin terviews .com/why-helium-one-global-is-focusing-on-tia-video/4121066371

lol
https://www. director stalkin terviews .com/why-helium-one-global-is-focusing-on-tia-video/4121066371

It was DD, and it looks like his post my have been deleted too, I did'nt notice it reading back

Shark bait
https://abcnews.go.com/International/oil-rig-workers-rescue-dog-137-miles-off/story?id=62404935

@KeithOz, time will tell....

@InvestingGoals, thanks..everytime I read the definitions its like the 1st time, minds full of rubbish, no room for the important stuff...
I am waiting for the guy who can explain..
P90 30bcf for 3.0% Helium
P50 138bcf 4.2/4.7%(quoted differently in same doc)
P10 520bcf 4.9%
PX xxxxxbcf 8.0%

"In aggregate across all the prospects, the helium content is assumed to be 3% in the P90 case, 4.2% in the P50 case and 4.9% in the P10 case"

Probably complicated modeliing

@KeithOz, both the P50 & P10 resources are calculated using less than 5%, so 8% is going to loads of dosh...

I dont have a clue how they get from P50 to P10 values with less than 1% difference in He concentration

@Troajan, nice paragragh in there,
“With the highest chance of geological success and a robust closure at multiple stratigraphic levels, ....."
Typical DM, I bet multiple means two, he knows exactly how many are robust
Will probably end up with a water rig, and drill just the lake bed..... only joking..
~$9m in the bank & Just one drill, I am expecting a monster rig compared to last year