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Exiting times
We have been waiting patiently for so long
Now it’s fun times ahead
✅ We own the rig
✅ Options for revenue with Rig owned
✅ Fully Funded for drill
✅ Crew being sourced as we speak
✅ HUGE news-rich period pre spudding of Tai-C in September or maybe earlier? 🤷♂️
✅ Lorna can surely surprise us with early news
☝️ Helium one ☝️
Https://twitter.com/heliumone1/status/1684482445897355265?s=12&t=nPmzobGPB12KRBv-CWDn7w
Brokers update 10th July
Helium One (BUY, TP 20p) – Rig secured in Tanzania
In a positive update, HE1 confirmed the acquisition of an Epiroc Predator 220 drilling rig - an oil and gas type rig capable of drilling to depths in excess of 2,000m. The rig is now in Tanzania and is currently being transported to the Rukwa site. Importantly, a 2022 inspection report confirms that the rig is in good condition and a more recent inspection by HE1 prior to acquisition, has confirmed it remains in working order. Management has also confirmed that long lead items such as drill bits, bottom hole assemblies, casing and drill pipe that the company had already purchased for the Drillmec HH102 rig are compatible with the Epiroc Predator 220 rig, and this will keep additional cost spend to a minimum, and some of this equipment has already been mobilised to site in anticipation of the forthcoming operations. HE1 has now terminated its association with SOFORI after having previously served a notice of rectification. Having now secured a rig in Tanzania, HE1 is targeting to commence drilling Operations in September. Once the civils work is complete, the rig will be mobilised to the Tai-C wellsite. In the meantime, the Company will order remaining well control equipment, await the arrival of drill pipe and source an experienced crew. The company has also executed a contract with leading energy technology company, Baker Hughes, who will provide wireline services as well as cementing and drilling chemicals and fluids for the Tai-C well.
Our take: Following last week’s frustration with regards to delays with HE1’s previous drilling contractor SOFORI, investors will be impressed with the speed of which management has secured an alternative drilling rig ahead of its Q3 targeted spud date in Tanzania. Core focus will now centre on this high impact drilling campaign, which has the potential to rerate HE1’s valuation in a success case. The company has conducted extensive work and completed additional analysis since the Phase I programme, including 220km of additional 2D seismic above its Tai prospect. Correlating data has allowed for mapping of the subsurface structures to identify faulting, and thereby identify migration pathways, closures and potential gas accumulations. QEMSCAN analysis on cuttings from Phase I have also provided information on reservoir distribution, mineralogy, seal potential and indicates a good-to-excellent quality reservoir and a thick claystone unit at the top of the Karoo Group. From this work, Tai remains HE1’s most compelling, and lowest risk priority, and the intention remaining to spud in Q3. BUY
Https://twitter.com/zakstraderscafe/status/1684188734915502080?s=21
Https://twitter.com/heliumone1/status/1681991327896961025?s=21
I do understand and hope that news can change anything and everything in a flash
But we can’t deny the fact that since hitting 17p it’s just fallen all the way to 10p and now going under 10p
9.50p is a (chart wise) support / don’t want it to break the channel
Anyway it feels like we back at pre launch levels
I also was very fascinated by this
And then stumbled across something which may be the answer
First of all let’s clarify that not everyone has hundreds and thousands to invest in
So no matter how small a trade it can mean something to someone irrespective of if it’s worth it
Gains so small etc etc
Now I found out that someone was saying they use this different broker that doesn’t charge for trading is small numbers
When that broker has enough shares collectively by these individuals with small orders
They process it through as a big order
But the numbers will show as everyone’s individual orders
Hope this makes sense
It may not be the right answer
But I was curious and understood this could be a potential reasoning behind the small traders.
Haha tell me bout it
Pot holes galore !
Https://twitter.com/heliumone1/status/1678700582159151105?s=21
Just having a reality check
Any other info or insight would be nice :)
Looks like we broken support
I know news can come anytime
But after a launch surely from 17p to 10p is not sellers or profit takers
Or traders.
I mean if that’s one of the best ways of marketing
They should without fail invest both by a experience person and monies
So that this product is heard seen by everyone
You could argue that this could potentially become a sort of trend to even boost the coverage
It’s the new marketing way I feel
Then again what do I know lol 😝
I do agree with that
The numerous amounts of posts that they have put out on instagram
Is kinda pointless as it barely even gets 1 or 2 likes
Use that energy to give free tests to big instagram TikTok etc people who can therefore showcase promote it to a actual audience.
3. Abingdon Health
Abingdon Health shares have shot up by 131% over the past six months, despite poor prior performance as a result of delivering its covid-19 test to the market far too late to be of practical use.
However, the £15 million biotech has finally officially launched its Salistick pregnancy test in partnership with Salignostics, revolutionising the industry by introducing a saliva-based testing method instead of relying on urine.
This groundbreaking development has tremendous potential, considering that in the UK alone, approximately 12.5 million pregnancy tests are conducted each year. Furthermore, the global market for pregnancy test kits is expected to reach a staggering $2.28 billion by 2028.
What makes this launch even more compelling is the strategic distribution plan. Abingdon has secured a deal to sell the test at 400 Superdrug locations, in addition to making the product available on Superdrug.com. This level of accessibility positions the Salistick pregnancy test for tremendous success — as one reviewer notes, ‘Why has it taken 80 years to develop this…why did someone just think one day: Saliva has pregnancy hormones in, why not make a test?’
Of course, the company faces several challenges: building brand recognition in a fiercely competitive market, coping with a limited cash runway, and generating positive cashflow.
A buyer with deep pockets could easily decide to step in.
Just yesterday the ask was
10.88p
Now the ask is 12.50p and it’s been paid
We need it to hold and close above 12p to confirm the bullish position possibility
Anyway I could be wrong always the chance with anything that it can go south but looking less likely
All the best :)
#ABDX pleasing to see a reaction at the 50dma with a bullish piercing candle. I would like to now see price reclaim the 8ema and hold so above 12p would provide more bullish confirmation.
From borg74
Twitter
Don’t make sense to me?
And in between I just hope and pray they give us a rns to send this up faster :)
We are due to news on other contacts in pipeline
So fundamentally chartly opinionly it’s all good
😂
The clue will be in the volume
I think it’s picking up again.
Hopefully this is the bottom now