Member Info for deep100

Https://x.com/helixexp/status/1849337215731519783?s=46&t=Yio2q8EEy0KoP9edq2LYPg

Rns update

Production casing has been run to 8,130ft and cemented. The Company will run cased-hole wireline prior to perforating target zones for testing, with samples of any gas recovered sent to an external laboratory for gas composition analysis.

The Company will test multiple formations from the bottom of the hole upwards. If initial results of a perforation are positive the Company will report gas composition to the market and perform an extended well test on the interval before moving on to the next horizon.

Moving at pace this lot - refreshing how they want to update the market regularly

If anyone wants to get up to speed with Hex this article sums it up perfectly.

https://smallcappix.com/blogdetail?id=34

No worries KR - bad day at the office - vented my anger here .

Legal should know better - he was invested in Hex from the start - knew the finances .

Remember when he posted 20 times a day on He1 about placing when he wasn’t even invested ? Was even called out on here by a couple of people for it .

You have openly admitted that you haven’t followed it closely & are looking for a quick trade so I understand.

GLA

Dai

Yes it has limited viewing but it is not private .

Legal

This forum is very public & is viewed by many who choose not to contribute on it.

Legal & KR

They have more than enough money to complete these 2 drills & have frequently stated they will not dilute this share & will look elsewhere for funding if & when that situation arises .

Talk of placings is way off the mark & the pair of you are obviously trying to drive the price down so you can pounce & get back in because you know it could be something special.

Very mischievous

Joe

I hope you are right but the ML could take 3 months ! Is there any point in keeping it hot stacked if we have no plans to use it ? What are the costs involved in keeping it hot stacked ?

Noble not using our rig says it all really . They must of enquired about it & obviously the costs are too high . LB makes a big deal of saying our rig is hot stacked - ready to go . Well no one else wants it so let’s see if WE can make use of it . It would be nice to re enter Tai C but have we got the 3 1/2 “ drilling equipment we need to do that ? They have had long enough time to get it !

Swissy

They are all good points that you have raised - i think there was still £3-4 m still left in the kitty so hopefully that will be enough. They say rigs are cheap in Montana .

yes you are correct about the compensation part of the offer . what we haven’t been told is how we can sell our new ip shares . will e*****i sell them for us ? are they still seeking a 2nd listing on the lse ? what taxes are applicable if we have to sell them ourselves on the nye ?

lots of questions unanswered & not much time to make our decisions. poor show

Tempted to it a few quid into He1 today just incase Noble hires our rig .

Not sure how the market would react to that though- it would mean no further drilling at Itumbula or Tai in Q4 this year .

Swissy

The fact that they are using a different drill for Rudyard makes me think that the timelines are achievable & even if there is trouble at Ingomar , that Rudyard will start this fall

Noble helium’s shares have been suspended pending an announcement. Rig announcement & placing ? I wonder who it will be ? 🤔

What are everyone’s views on He1 - where will the bottom be ?

IF there is to be a placing it’s likely to be at 0.25p again. They are clearly not bothered about the current sp & are doing nothing to stem the downward trend .

Is that because they have a JV in the bag & don’t need to raise ?

Is it worth putting a few quid in now ?

I know more than most that they are damaged goods & should not be touched but is there 💷 to be made at this time ?

Yes Horult

The patience part I was referring to Hex - the delays part was He1 !

I’m still in but have been very lucky .

I have a habit of doing a lot of dummy sells & yesterday I sold by mistake - sausage fingers error - at 21.70 .

Although still a healthy profit I wanted to be in & was distraught in the afternoon as the sp rose .

Fate has dealt me a lucky hand as I managed to get back in this morning at 21.40p - got a few more for free !

Excellent update - I can wait a few more weeks - after He1 I have learnt delays can always happen & patience will be rewarded

Ez

The delays I referred to are from the ORIGINAL plan - both Ingomar & Rudyard are a month behind. Hopefully the hole hasn’t collapsed too badly & it can be saved .

Good update but still carries a lot of risk

Agree with you there - unfortunately some delays are inevitable & let’s hope the hole is intact. Otherwise a good solid update

Will feel a lot happier once they announce the rig on site !