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Do you have sales projections? We have product, we have price, but it does not say how many have signed up on subscription. Maybe market will wait for that critical no.

I think it will. People here are in for the long haul. Previously people would buy in, take the div and dump but it's not happening here.

For anyone interested in why arsenic is a precursor for gold. https://www.google.com/amp/s/phys.org/news/2021-07-gold-arsenic.amp

Go to Google and ask it to convert 1000 l to cu m. Doing your own research may end this thread now.

When this goes through the resources on the mining side of the business will be 12x bigger! And all for £6M. Wow. The next RNS I expect in the next few weeks will be the one that says commissioning at the first 9,000tpa module at Vatomina, is complete, which will lift flake graphite capacity in Madagascar to 12,000tpa output.( 4X production increase) And that should provide another uplift to share price .

The way I see it is that there will be another drill in the ground and when it turns the share price will be in the mid-twenties. That's a 100% up from where we are now, and probably within months. What is there not to like.

Fully agree. Patience is needed. I suggest there will not be an RNS for a few weeks on next steps as there is a lot of thinking to be done and risk reduction work. If you drill the same way through similar unstable material, you will get collapses of the unstable layers into the hole. So it has to be done differently. I suggest any real meaningful news is weeks away. My takeaway from all this is we have derisked the probability of finding Helium somewhat, but we have learned we have a very complex and difficult drilling profile. The key Q to be answered is "can this materiel be drilled, and at what cost, and when". You will not get an answer to that this week.

Yes, it's drift time. I suspect today will be a day of another 500+ posts. mostly ramping and justifying at 18p by the end of next week. (Mostly by the bottom feeders or got in at 10 -11p yesterday wanting an out to move on to their next carcass, and long term holders who think by they can influence the share price and protect their investment by justifying Helium is there and as DM said , he just has to find it in "gaseous form". I think it will drift around these levels UNTIL SOME REAL NEWS COMES IN, about a redrill of Tia, or drilling elsewhere, or possibly at takeover by one of the big boys ( the latter is pure speculation on my part, but credible) .So why doesn't everyone stop talking and wait for news? It will be 18p again, but only when the next drill is turning. Will it see the twenties again, not without discovery, as I think we have learned a lesson here regarding hyping of shares and risk of expectation pricing, and the personality of the CEO . 76 posts in 40 mins are too much to read, and most are not of any real value - who cares if you have sold, bought more, or are holding!

Found it really interesting this morning reading the comments in response to the unfavorable news. I was going to say there appear to be three groups of people here, but i thnk it is more like two who are:
1. Believers - those that realize the potential/have not given up hope as a result of the setback. Interestingly these are into two camps - those that are sitting back with confidence it will eventually be successful,( holding through this storm for news on next steps) and those that are predicting 10p and running down the price in the hope of buying some cheap and make money on the rise.
2. Sadistic types and gloaters - who have no interest in the outcome but like to think they are inflicting pain on others, or believe they are more clever than believers as they didn't invest here, or sold out and think they are getting admiration from the readers for their skill and judgment. To those I say, if you don't believe in the future of HE1, why are they still here? Please move on or stay quiet. ( Or perhaps the fact you are still here means you are a sadistic believer............)

BigPlan. " If my boss expected me to complete a piece of work and it’s taking double the time initially allocated as a deadline and I kept calling for patience without any reason for the delay, how do you think that will go down? "

Well if i went to the boss and said I found it, job done, give me a raise and I'm off on holiday, there will probably be a celebrately handshake followed by a few questions and a conversation along the grounds of : What have you found? -Bubbles. How deep was it? - don't know. Are you show its a different show from the earlier show?- don't know,. Is it helium and at what percentage? - don't know. What other gases are present ? - Don't know . Is it in porous rock and will it flow? - don't know. Is the cap structure we predicted there and was the show below it? - don't know. What exactly do we know that we can tell the shareholders? - dont know. We have already told them we are drilling the hole and will wire line and log it if we find something. Ok - no raise, no holiday, no cigar - please go do your job properly and when we have something to say, write it down for the RNS for me.

The Newsletter released is very upbeat and admittedly tells us what we already know. The important thing for me is I do not read any "expectation management" in it; it states the previous great news and promotes the expectation of a discovery we are all waiting for. Wy impression is that perhaps the author knows something exciting but cannot say it, so just has to emphasize what was said last time, I like the "in case you missed it" bit for emphasis.

"Doesn’t absence of of mud pipe to geo truck suggest they were wire lining"

NO, NO, NO NO, NO.It does not. Why would they take mud pipe to Geo Truck - there is no need. Mud analysis will be undertaken as shown in previous communications by sensors at the mud outlet, and rig and through sampling at the rig and taking samples to geo truck. Even if you disagree with that, they would not have the mud pipe, the sensor cables, and logging cables laid out on the road for a 30T truck with 8 axles to run over and damage. Use your brain, and recognize that perhaps this drill company and GEO team are professional at what they do, and have buried them for protection. He says they are still drilling - why do you disbelieve this?

Re suggested missing pipes from drill rig to Geo truck - has anyone considered they may have decided to bury them to protect them from being damaged by the trucks delivering pipe?

It says they have been selling since May , and "Additionally, the Company has also exercised the 1 million share options (with strike price US$0.035) that it held over Helium One's share capital". So they have told us they have stopped selling, and exercised their right to more. That's just what I would do if I had wind of good news coming!. With the persistent selling gone, even if the news is a few days away the share price should float higher,.

Arn't there Nile crocodiles ( or alligators) in Tanzania - but more importantly do they speak in a high squeaky voice?

Exciting in a boring way. Halfpenny, i didn't think it was appropriate to compare year on year, as we hit the problem with the Mine wall in October which effectively reset the mining schedule going forward. Likewise, that has reset the share price to its new levels. I did a Q2 to Q1 comparison, which is very good when you read between the lines and understand the numbers (see my posting at 10:34 yesterday why i think this result should be great).

wow, its great news , but the bit that pings my excitement is "Current facilities are capable of manufacturing up to a kilogram per day of Graphene Oxide ('GO'), reduced Graphene Oxide ('rGO') and Aluminium Graphene Composite ('Al-Gr Composite') materials using the zero chemical process developed by the Company.". I Kg of aluminum (aluminum graphite composite) is a big lump, certainly enough to make morors, lots of actuators, and plenty ( was going to say hundreds of m, but it depends on the diameter etc) of metres of signal cable wire for test purposes.

A link to the article mentioned in the RNSis attached. It could be interesting as it talks about the ethics involved in human challenge studies where there is no treatment for the item being tested etc. Reading it gives a greater understanding about what a challenge study is, and what needs to be considered. https://www.nejm.org/doi/full/10.1056/NEJMp2106970?query=featured_home

Why I think this report is great:
I will compare quarters as comparing with last year would not be meaningful. (The table in the RNS is where I get my information)

Q2 2021 Q1 2021 %

Processing
Ore processed kt 2,804 3,018 (7%) We are 7% down on ore processed (Fact) )

Feed grade g/t Au 1.19 1.16 3% Our feed grade is 3% better (+ve)

Gold recovery % 89.3 88.6 1% Gold recovery is 1% better (+ve)

Gold production oz 100,228 104,047 (4%) Production down 4% but ore processed was 7% down. This means gold production is up by 3-4% (&% down , but feed 3% beter and recovery is 1% better )

Cost & Sales
Gold sold oz 97,229 106,573 (9%) Analyze closely. This period (Q2) we sold less gold than we produced =2999 ozs in stock. But Q1 sold 2526 more ozs than they produced. So when looking at financials we must be recognized that there is a discrepancy like for like of 5525 ozs, in favour of previous quarter.

Cash costs US$/oz produced 883 733 20% It is what it is , dont know why.

AISC US$/oz sold 1,290 1,091 18% Yes, ASCI appears to include capex and we have been spending capex

Realised gold price US$/oz 1,822 1,778 2% Great- that's the market, CEY can influence this by not selling if the price is unfavourable, they dont need to,

Revenue US$m 177.5 189.9 (7%) Down 7 %, but we sold 9% less gold, and Q1 had the extra 2526 in the sales figures (selling more than mined so Q1 was artificially high) ALSO, We have mined 2999 ozs more in Q2 than sold.

CAPEX US$m 41.3 37 12% Makes a difference to AISC as capex included.

Free Cash Flow US$m 6.9 9.4 (27%) And we have 2999 ozs unsold in Q2, and Q1 sold 2526 ozs more than produced in period. (That 5525 oz discrepancy should be considered here .. e.g 5525ozs at $1822 = $10M difference (+ve)

Now read the top line again, we are 7% down on ore processed which should have depressed everything by 7%. Now what exactly is there in here that makes one think this is not good.

Sotolo, I owe you an apology then. my words were a bit harch, if I could edit it I would say your words echo your disappointment in the share price for such a great company that is cash-rich, debt-free, dividend-paying with a plan in place to get it back to 530,000 ozs of gold mined which used to command a share price of double today's price less than a year ago. And future mining costs are also reducing with better management, and solar plant coming online. . Then there are the exploration licenses and prospecting elsewhere that could and should add value, but that's speculation to me . I like the security of knowing that management is on point, the plant is churning out gold, at a price that makes a profit, and produces dividends.