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Expect to see a rise in the next 2.5 hours prior to close, as next week is definitely in Dec/Jan Newsletter and RNS territory as the seismic results come close to completion

Dixy
Doubt very much that 8p is happening in the near future!

Last year on the 4th May the SP reached 23p, rising from 12.6p on 21st April , in anticipation of an RNS announcing the completion of the Seismic 2D results.
76 days of work in total, including carrying out 150km + additional 50km on site field surveys, and subsequent data processing.

We are now 90 days into the current Seismic 2D programme for 200km + 20km additional, have completed a very interesting MSS study, a high resolution 5m study over 15km, and are right at this moment collating all the data along with the previous information garnered from Tai-1 and 2

If for no other reason, blind anticipation will take this share price higher in the run up to the next RNS and those to follow on when the Rig Partner and Drill location announcements are made.

In the meantime the MM's will have a fluctuating influence on a day to day basis.
In reality, the licences alone, that Helium One hold for the 3 basins, are now looking valuable as they stand as a saleable asset.

GLA all LTH

Come on guys, do a little bit of digging beforeaskxing the question!
41,000 shares traded in 2 trades - not very significant in the bigger picture.
GLA

Keith

Think you are spot on with the locations - the black Dot on the intersection of the red and yellow lines is the Tai-1 site.
The black rectangular box may just be a cursor point locating the general "Tai-1 Area"
Just a few hundred metres due West of that box is the place to go (darker almost brown area which looks like a plug over the motherload. All 3 delineated areas look very encouraging!
Maybe last years seismic data just missed the spot by a few metres, and now the MSS has found the entrance to the Pharoah's Tomb?
Have believed for the past year that the Helium is there, but the more I look at that mapping data they released last week, the more confident I am that we are going to strike the sweet spot!

GLA

This will finish between 12p and 13p by close! Too much data news coming shortly to let it drift all the way back to 8p

1.8 Million at 14.24pm

Looks like a buy of 1 Million at 1.55pm

xviolet
"Someone is going to get that helium out of this ground at some point."

Qatargas ?

The more you look into them, the more it makes sense! GLA

BRB
Just past a Costa Coffee a few minutes ago, and he was sitting outside with a large black coffee and a big slice of humble pie - must have treated himself on his profits!

Rare Groove

I have been saying that under my breath for the last week!

GLA

Think December's will be tagged onto the back of the January one! Still, won't miss it if we get 2 or 3 RNS's by the end of the month.

Trapped in a room full of filters, hopefully!

Well spotted, Geology
I had not gone through the presentation in detail, and yes it does state that it would be one of the methods used, although they weren't shouting about it elsewhere.
Thanks for the research!

Question - Where did the MSS Study appear from?

There was no mention of it before Christmas, and we were all trundling along in the belief that we were carrying out the 2D Seismic, then with the extended kilometres, and additionally the 15 Kilometre 5m High Resolution Study, and possibly moving on to ERT work thereafter!
So did this MSS study just appear as a brain wave one morning, and they decided to give it a go?
Doubt it!
My take on it is that there were discussions at the summit with others, who possibly had more knowledge than the HE1 guys, or experience of MSS, as to the suitability of the data such a survey would produce to sit alongside the 2D seismic and the high resolution data, to produce a much more detailed interpretation of the basins. The RNS yesterday seems to be suggesting just that!
So I feel we are definitely in some form of early agreement/package/JV with a player much bigger than us!
Think the size of some of the buys over the last 4 days and the 1p rise each day indicates there is a solid interested party in the shadows!

GLA

Reckon Trek is buying up to build a position till it gets to £5, and then he can tell us all "I told you so" !
Where are you Trek ?

Third spike for today just about to take off!

And also the guy that told us on Friday morning it was going back to 7p at the close!

Noob
Exactly, it would be pocket money to them.
I also reckon that privately the board are convinced Tai-1 was as good as a discovery, although it couldn't be announced to the market, but there would have been nothing to stop them discussing the results they did collect, at the summit with potential rig contractors, partners, or buyers. Think this is now starting to crank up the stakes!

If you look back to the last week in March last year the SP was at 6.90p and by the 4th May it had hit 23p (less than 6 weeks), all on the back of the seismic work, rig contract and mobilisation and preparation of the drill pad in preparation for an end of May/early June drill start.
I believe that the price will rise on a similar line this year, but it is starting a couple of months earlier this year, because we have last years knowledge and experiences to learn from, we have a much more balanced team with broader experience operating on the ground, the summit must have produced some useful pointers and contacts, and we are nearing the stage of data becoming available for the both the deep drill and also the shallow targets.
We also have the other 2 sites which have only been skimmed over at this point.

QATARGAS
I did a little research into Qatargas yesterday, and they are the world player which can take this to a different level if the want to - is that why DM was in the Middle East? Apart from their world wide business in the export of Natural Gas, they have the world's largest Helium Plant, handling facilities, storage, quayside facilities and tanker fleet, and are nearest to Dar es Salem as well.
If someone wanted to put 2 or 3 O&G Rigs on site quickly, they are well placed to do it, and it would sit in with their ongoing company ambitions. They have existing contracts with Linde, Air Products and Air Liquide, supplying to all the major countries around the world. Quite an impressive outfit.
Just a thought!
GLA

The early morning shaking has been and the dust settled at 8.20p around 10am, now consolidating and working back up to 8.50-8.60p by midday, and if there is II's in the background, then on through 9p again this afternoon, with the prospect of RNS update early next week, and numerous others to follow with data results coming in, allowing possible decisions on shallow drilling in the near future, and the signing of drill contract for the big rig for June

If it is an interested party building a position here then with the volume of shares traded today may highlight them sooner rather than later as a significant shareholder - must be north of 50m trades today already