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shares aplenty

Wouldn't be impossible that the end of play 677k trade yesterday was in the same situation.

Excluding the PME's, there have been 15 RNS releases this year so far, of which 4 have not been at 7.00am so you never know when the next one is going to land!
Maybe when "Our Man in Houston" wakes up in a few hours, considers the options over a coffee with his Eggs Easy Over and Hash Browns, he will call David and Ian and ask for the go ahead to put pen to paper on the contract for a drill, presuming we are past the stage of MOU's
My outstanding worry is that any suitable Drill may be of an age where ongoing maintenance might be a big factor, but presumably any suitable Rig will be given the appropriate checks before being shipped.

GLA

This may well go up past 9.5p in the last hour on the prospect of a favourable RNS tomorrow at some point, but have cash available tomorrow or Friday, so either way it will be final top up time for me!
GLA

DD13 - your link to PEAK OIL

Why would we spend the time reading an article written 15 years ago in 2007, when everyone on the planet now knows that Oil, Gas and Plastics are on their deathbeds over the next 30 years( not really a long time in is it?), and that the future is going to be upon us sooner than we could have imagined, due to climate issues, war, and a younger generation that won't stand for all the crap that we and our forefathers generations have peddled over the last century or more?

Critical metals and gases, incl. Helium are the new Oil in the 21st century!

Also, if the free, democratic World which controls >75% of the Total wealth in the world according to Credit Suisse in 2021, decides to reduce dependence on cheap Chinese products, many of which are plastic, then I don't think it is very likely that the Yuan will become the go to World dominant currency in oil trade or overall.

World Wealth (USD bn) Share

World 418,34 100.0%
Northern America 136,316 32.6%
Europe 103,213 24.7%
Asia-Pacific 75,227 18.0%
China 74,884 17.9%
India 12,833 3.1%
Latin America 10,872 2.6%
Africa 4,946 1.2%

It may well be that globalisation is over, and shipping plastic Christmas lights, halloween costumes, and cheap barbecues that rust away after 2 years, and other throw away goods, will be replaced by a resurgence in home produced goods, albeit more expensive initially, be more durable, and cost effective in the long run.
Russia is finished as a Superpower, China will have to manage itself more delicately going forward to continue trading with the free world, and India will have to wake up to the fact that the free world is the real market with the buying power. Rant over!

Helium is in our future. GLA Not long now!

Leonidas1

Spot on - well said!

GLA

AP
When I got up this morning , I turned on the TV to get the News, and scrolled through the channels where I happened to see the Smithsonian Channel doing a programme on Aerial America, covering Texas. They were telling the story of Galveston when it was the Capital of the Republic ofTexas and a major port for the Navy and Cotton exports. It then moved on to relate the rise of Houston, to become the Oil Capital of the World, and the scale that Exxon Mobil operations there, and indeed around the world. They only thing they didn't show was our Rig Containers being loaded for transportation to Rukwa!
It was quite surreal watching it - must be an omen?

I do think we will have a significant RNS this week, hopefully with confirmation of a deal having been signed.

One day closer - GLA

Going by very little trading so far this morning, have we reached the point where PIs have done their top slicing or adding and are now comfortable with their exposure, and indeed, are now patiently going to wait for the RNS which will put us on the road to Discovery! Calm before the Storm?
He1 is a true rollercoaster share, but my belief in the final outcome is as positive now as it was last March.
GLA

Nice buy at the death - 200,000 shares at 9p
Think this is the SP floor now, and news of a rig deal will come through in the coming days this week.
Biggest hurdle left to surmount would be a storm mid-Atlantic when they are shipping it over, unless it's in Europe or Middle East?
I would estimate we will get our rig transported, set up and 2 drills for $5million tops, with $2 or £3million left in cash.
Further drill for shares or a placing to push on with multiple drills if still searching at that stage.
However if first or second spud comes up with the goods then its "up, up and away in our Helium Balloon"
Q2 is going to be game changing

GLA

Calamari
I presumed that to mean "confirmed" and predictive text just put its oar in.

GLA

9 news days left in March - Q1/2022
In discussions in Texas for Rig/Contractor or Major to come to the party.
Hundreds of Rigs for Sale (or could be hired) in US if you look on Worldoils.com
So definitely a prospect of getting something organised in the next 2 weeks.
Don't think it will be an MOU, but a fully signed Contract with options of extra holes for shares.
Actually hoping the SP hovers here for a few days as I have a good bundle of cash freeing up before the end of the month.
At this level it is too good a bet to ignore.
We just need a 2000m hole in the ground which we can drop a line down to do the tests, and it will be party time.

GLA

My post below was removed, apparently because I made a light-hearted comment about speaking to DM on the phone?
Yet a certain poster can be rude, disrespectful, and openly mock another with a speech impediment?
What is that all about!

"Just researched 20 Containers from Houston, Texas to Dar es Salem
Best/quickest route found as follows:-
Proposed despatch date say 15/04/2022
Houston,US > Jacksonville,US > Nassau, Bahamas > Container Port Saudi Arabia > Mombasa, Kenya > Dar es Salem

Indicated 36 Days -Estimated Arrival date 21/05/2022

RNS on Friday
Spud on 14th June 2022 - Same as last year, but with 4 quick drills planned and executed with the fast shift rig - DISCOVERY!

This is now like filling in a Sticker Book as a child, nearly all done, with just a couple of Stickers to collect to complete the set!
This is going to happen in the next 6 months. "
GLA

Totally underwhelming Day considering it's the penultimate trading day prior to Monday's AGM!
The SP appears as if it has been suffocated all day. Either the powder is being kept very dry, or we are not as far down the road of Data Interpretation as we imagined.
Strange end to a week of great anticipation - have a number of folks got cold feet, or is the interest just not as broad as we thought?

Monday is going to be interesting! GLA

Think the remainder of this afternoon's trading may be the last opportunity to buy into this stock around 10p as tomorrow and Monday will build on anticipation of the 4pm AGM and what will be divulged/projected at that meeting.
Can't honestly imagine the Board will have nothing to tell us!
One Day closer!
GLA

Tried dummy buys and sells and not able to do anything other than sell less than 1000 Shares?

Average size of Trade starting to increase this afternoon! Are Friends and Family arriving on a Coach?

Average size of Trade starting to increase this afternoon! Working towards something later or tomorrow morning?

Not yet - we are waiting for an MOU - Memorandum of Understanding to be agreed in the first instance, but as time goes on and we are hopefully merging all the gathered data into a workable plan, we may well get a contract with a Drill Contractor or a JV Partner signed without the need for the MOU

GLA

Just looking at Qatargas production of LNG, Gas Oils, Jet Fuels, Sulphur, Condensates, and other Products, including Helium.
They have working partnerships with Majors like Total, Shell, Connoco Phillips, and a raft of Middle/Far East companies, but by far the biggest is with Exxon Mobil, one of the most visible Global Companies striving to "Green" their business.

They have 3 existing Helium facilities with combined production capabilities of 2.6 billion standard cubic feet per year!
Massive shipping capacity for its products with approx 70 Chartered Vessels. And a fully operational route to end users!
And all this is in a very neat, manageable location, probably best suited of all the potential JV companies, in relation to access to Dar es Salem.

Probably reading to much into this, but it just seems to fit! Time will tell. GLA

Anytime, I think!
The MSS Study details were put out at 1pm on 17th January.

I am with QatarGas
Largest producer of LNG in the World
Helium business and customers in place
What's not to like?

GLA