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Good job as always Professor1.
I only got into this as punt but won't be selling any for now, my only regret is that it's in my share account not ISA.
On a selfish note, I hope it doesn't multi bag seriously before April 6th so I can move it over to my ISA.
GLA
I believe the main market will do us a lot of good.
Upward trend from here.
L.ash, I am not worried at all with this investment.
I don't expected to ripe the reward now (I won't complain if it happens) but I am fairly certain it will pay me back in few years time if not months.
It's a long hold for me, all the best to everyone.
20 January 2021
Helium One Global Ltd
Mobilisation of Geochemical Surface Exploration at Eyasi Project,
Publication of new Corporate Presentation and Issue of Shares
Helium One Global (AIM: HE1) ("Helium One" or "the Company"), is pleased to announce that work has commenced to mobilise surface geochemical exploration at the Eyasi Project (Helium One 100%) in southern Tanzania.
Highlights:
· Surface exploration work to commence at the 804km2 Eyasi Project, ~600km to the north of the Rukwa Project.
· Eyasi Project has numerous geological similarities to the Rukwa Project showing potential to host a helium deposit.
· Fieldwork will focus on evaluating historic seep locations as well as identifying potential new seep locations at the southern end of the project area.
· Desktop analysis utilising Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) data has identified anomalous features which may correspond to previously unknown helium-nitrogen macro and micro seep locations.
· Mobilisation of field crew equipped with a MiniRUEDI portable mass spectrometer to test the potential seep locations and extend the known helium-rich geochemical fairway over the Eyasi Project.
David Minchin, Chief Executive Officer, commented:
"The Eyasi Project has potential to add significant volume to Helium One's prospective resource base. The project is not as advanced in its exploration as the Rukwa Project, however high-grade helium has been measured at surface and structural leads identified from published FALCON Airborne Gravity Gradiometry (AGG) data.
"The presence of surface helium seeps is a key geochemical fairway indicator for sub-surface helium. The identification and testing of several possible undiscovered macro and micro seep locations at Eyasi could provide further confidence that our portfolio can potentially contain several helium deposits."
Eyasi Fieldwork Mobilisation
Helium One is preparing to commence surface exploration work at the 804km2 Eyasi Project. The Eyasi Project, situated ~600km to the north of the Rukwa Project, has demonstrated helium gas concentrations as well as ideal geology for source, reservoir, trap and seal. The project is not as advanced in its exploration as the Rukwa Project, however high-grade helium has been measured at surface and structural leads have been identified from published FALCON Airborne Gravity Gradiometry (AGG) data. The Eyasi Basin is thought to be analogous to Rukwa Rift Basin with half-graben style traps expected to occur.
Surface exploration will focus on geochemical sampling of potential macro and micro seep locations using a MiniRUEDI portable mass spectrometer to return on-site helium gas measurements from samples in the field. The instrument can be used to determine gas compositions for a suite of compounds including helium, carbon, nitrogen, oxygen, argon and methane.
Helium One's geologists have used a combi
Thanks for the link, great watch.
Natham89, above 5 is possible as long as it stops sinking.
You might need to wait a while though.
All the best.
DTA, thats a big drop, hopefully you'll get it back soon.
I was more than that down before covid came along and saved me, it was valued at about £500 for about £12k investment, I was involved from the Milestone days before the name change.
As long as you're prepared to wait, there will be another news that will pull this up then run out fast, all the best.
DTA, depending on how much you're losing and if you are happy to ride it out.
There will be a spike at some point, once this happens, make sure you sell and make a run for it.
Don't wait for the multi bag fantasy, make your money back with a little extra if possible, all the best.
Natham89 I know I shouldn't be laughing but your comment made me laugh big time.
I hope you're not making a big loss?
All the best.
Rockhopper Exploration plc
("Rockhopper" or the "Company")
Ombrina Mare arbitration update
Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin, provides the following update on its international arbitration against the Republic of Italy in relation to the Ombrina Mare field.
Under the rules of the arbitration process, a decision (referred to as an "award") is due within 120 days (extendable, at the discretion of the Tribunal, by a further 60 days if required) of the closure of the proceedings.
The Tribunal has provided the following update:
"Deliberations have continued and work on the award is advancing. The Tribunal will revert to the Parties in the early part of 2021 with any final questions it might have or, if none, the declaration of the closure of the proceedings as per ICSID Arbitration Rule 38(1)."
Rockhopper continues to believe it has strong prospects of recovering very significant monetary damages - on the basis of lost profits - as a result of the Republic of Italy's breaches of the Energy Charter Treaty. All costs associated with the arbitration are funded on a non-recourse ("no win - no fee") basis from a specialist arbitration funder.
A further update will be provided in due course.