Member Info for dai2belts

He1 is my only AIM share at present, other than a bad tip CCZ thats in my bottom draw, -50%.
Should put that here, a good chance to get my money back..
IMO He1 has a huge carrot, a good number of trades every day, active BB, and the last few days the volume seems to be increasing...

I struggle to multitask..

MATD dropped after a fund raise too, from 8pish to 3.5p(fund raise price) unlike yours at a much smaller discount 7p... something to remember..
I hope DM keeps to his words, but then again a fund raise would mean more drills, more gas and a higher NAV, greater chance of discovery...

@lattorre, I am speculating that the lower strike price is because the potential is lower this time round.. Say they Drill Tai and Mbuni we are looking at 13.Bcf(P50) unrisked share price ~68p..
Initially the unrisked price was £1.05(~18bcf), later upgraded to £1.32.(~21bcf).
But at 4.2% Helium, I am hoping for more..

I think they put just enough out to keep you teasing us ;)

If those are natural ponds that dry up and refill most season, then sampling may have been at an opportune moment, could have been anytime, historical data maybe..

But He1 were doing water sampling in 2017, before our doc was published so those marks maybe from then..
"- Planning of a second phase Rukwa soil gas and groundwater geochemistry survey is in progress for field work to start in the third quarter of 2017"

2016 they were doing soil sampling, but would they scrap out holes detectable by satellite?


Have you questioned that the 3 original prospects were chosen at best with the available data which was not quite good enough, especially after reviewing the 2D infill after which we seem to have moved on. , Ye but maybe Tai was always there, just needed the data.
At that time Tai was considered too small to be worth while.. Mbuni was the largest, but we never had any seismic drawings, no information for it.. If you look at phase 1 proposed 2D infill map, there is just one seismic line through that location, and the contour lines converge to a point(possible data error/artefact)...that questions why Mbuni was chosen, but I know very little, so its all waffle...

@latorre 22p or 13p, I obviously dont know but could this be awarded in relation to possible future share price..?
Deep drilling will cost more, and DM said adequately funded so I dont think we are going to have 3-4 prospects like last time, so overall a smaller combined discovery,,, well unless we have 10% helium because that P50 estimate is based on 4.2%,

Was 22p, now 13p, suggests to me two driils, and maybe a number shallows..

I dont see any related RNS but todays news states "2D seismic programme completed on 25 December" So possibly He1 already know the Deep Targets, and estimated resource size..

If a new target would they need an independent report to give size, as that will affect the un/risked valuation attached to share price ?

@skittish, it took me a while to realise your white dots were the water holes...well at least the one under the purple dot, it looks to be drying up, evident by what looks like a banking, so maybe a pond fed by a underground spring..sampling point..

Just in case, that suspension was not He1...There has not even been a hint of one imo

I only know about the OTC Pink trading issue because I have the time to read the posts and go and have a look, and was unfortunate(green) to let myself get caught in the suspension..
Just adding to your post which I agree with

@Dixy, todays high was 11.74
try some dummy trades you will be surprised how tight the spread can be compared to whats shown..A few times I have picked up shares at almost the displayed bid price, and sold at very near ask..
A tip I picked up from QuantumStar..

@Patshare, The results being issued should allow the shares to be traded publicly on OTC Pink again, and removes any speculation of being suspended due to some irregularities, been in a share that was suspended for not issuing results within time allowed.
Second rise and fall back on a no big news RNS..
I missed this mornings, certainly looks like plenty of trading taking place, those buying yesterday at 10.5 being able to sell 11.5 today, £1000 profit in 24hrs on 100k shares.. I never learn to take opportunities, too much a holder..

@Noob I am looking at matd, and PRD, no position..more learning, reading analyst notes, at the moment takes me forever.. might see an opportunity later but missed the boat.
MATD have assets, sp was a lot higher as production is said to be 2022, then they raised cash at a massive discount to the price at that time.. still no news of drilling the production well...or rig contract....So I see the carrot on a stick..
If I see Porky on the BB I might buy....

@GMY38
Your waiting until end of 2022?
I would be interested in strategy, I assume you are waiting for the discovery and a move towards production, otherwise we will still have no assets..

@kevin, what shares are you watching?

This probably generalized
Helium One permits were initially granted in 2015, 2016 and 2017 as Prospecting Licences for helium, classified as an Industrial Mineral under Tanzanian legislation. Prospecting Licences were renewed with the Ministry of Mines during 2020. Licences are valid for three years and can be renewed for a further two-year period.
So best get it right this year.
Not sure but did Tai get some sort of paper last year, maybe approval or exploration??
I guess on discovery the licences will need to be changed for production/exploitation..

@Noob, do you keep track of those shares the do 50% once a year,
Did you notice FTSE stocks dropping when embassy's were being emptied then hitting highs when we got an invasion date..
Although I do still get spiked, always wonder who buys on new highs especially before the start of france being over run again :)

@Noob, I have manually bought at my price or better while my trade plan is still active, and then cancelled the plan..
Seeing the time between Dixys post and the trade appearing, made me wonder if the trade missed the morning ~11p range and then caught it at the end of the day.. But I could not get a price for 100,000 at around 16:25,

@DBD, yep, thats a really really rough estimate for EV, rubbish really :(
Back to reading...

Dixy's is almost the biggest trade of the day too...
Whats peoples experience of setting up electronic trade plans for He1, my experience is they often fail to execute, and I end up manually trading?

The Broker note by PG, 2022 Estimate..
I used PBTA as a rough estimate for EBITDA, and used the EV/EBITDA ratio . (probably a load of orchids, )
The Ratio is 0.9, so EV is close to EBITDA..

The interesting part, kind of goes against the target price..
You can also use EPS and PE ratio to calculated the share price, and then workout mkt cap,..

Did you look up place and date I gave you?

@Buzz, analyst quote un-risked 31p share price for Tai, at 4.2% helium..
50% FCF..