Member Info for HappyDazes

Buidling thd road and drill pad is quite a task and expense and the best induction that they are still planning to drill this year ... think we'll have news now by next Mon

Hi yes but this is already well knowm innthe industry which is why price for this rig use is high and when HE1 and Noble couldnt afford it on their owm hence the cost sharing arramgement. Either way there will be a major update by next Mon enjoy the ride

Thats only about £30k though so not a big order

Hi @aligator ... it's always good to have different views here as people often get far too carried away ... some people would have bought in in high 20s 2 years ago and the hype then was verging on insanity ... news has to drop either way by end of June as if it slips after that the reality is that drilling season for this year isn't viable. But there is a huge amount to do with contracts like this particularly as HE1 are sharing costs with Noble ... then there's all the shipping/export/import permits, infrastructure on site (which looks largely done now) ... It's now def a gamble that I feel extremely comfortable with now. Cheers

I've been having a detailed look at land around Tai and I now feel very comfortable that the roads are in place from the main highway to get the rig in and it also looks like the pad is under construction. Next week could be the week I think for the dream RNS to land ... expect this to move up a good 5% today. Cheers

The listing in the main market is now very close and that always leads to significant investment opportunities as some funds will just never invest in AIM companies ... plus there is a strong chance that the JV is finally announced around the same time ... what an opportunity we had to buy in sub 300p ... might be a spot short term of profit taking as rise has been great over past week or so but by end of July IMHO even at todays levels you'll look back at it being a bargain.

In my experience SPs often slip back a bit after big short term gains ... I would normally sell a tranch of shares that I bought at 293 as I like to bank profits whilst keeping other shares for longer term holding ... but Im not selling any now ... IMHO this is still in bargain territory and even in short term is going to seem cheap at these prices

I own far more than the directors ... that says a lot to me. I'm fully de risked here for nearly over 2 years and have made good profits by swing trading on top of that so happy to leave my stake in on the quite low probability that they do find commercial helium ... people tend to get carried away (in both directions on shares and with HE1 it's more than I've ever seen) .. the old adage never gamble more than you are happy to lose with it it effecting your life in any way is so valid with HE!.

Good to see such wonderful SP movement ... it was an utter bargain sub 300 and for those that bought up then we've already been well rewarded with much much more to come. Have a great day ! Cheers

Hi I think thats highly unlikely why Noble's price went up

You do have a valid point particularly when we remember that on the original drill program with the cordless hand drill they used we were promised 3 holes ... but lets hope the 1 shot wonder attempt is because they lnow they found helium but couldnt get official results via wireline due to wash out ... if they did find oodles of commercial helium on this 1 drill we should also forgive DM for his now infamous swimming in helium bubbles video ha ha ha

Exactly ... it's a crazily tight deadline as HE1 drill won't happen in Aug now ... will be sometime in Sep if there's no other holds up of any type ... HE1 drill should only take about 2 weeks this time using proper rig but then there's wireline testing etc ... just about possible the Noble could start late Sep but very very tight now.

Share price has been incredible ... it's up 40% from the 5.4p mark ... so much interest in HE1 that I think it will be somewhere about the 10p mark on rig contract ... or back to 5p ish should anything delay drilling for this year ... I'm very happy with that gamble.

Like it or not we are getting close to the cut off time for both companies to complete their drills before end of Sep ... just the shipping in itself is an issue ... you would have thought that this has already been planned for some time but until you come up with the readies it can't actually be sorted. I've always thought Mon 12th June is about deadline for rig contract to be signed for drilling this year.

Mon 12th

Yes particularly the clarification on Chilean government situation ... after resource update think we can expect to see this up in the 50s

Exactly ... tine to get the hoover back out 🤣

If rig leaaves late June it should be on site late Aug ... 3 weeks max for HE1 and then Noble can still drill mid/late Sep

The coming week will define what happens this year with HE1 thats for sure. I was always a tad concerned about being so reliant on Noble's farm in deal as couldt see how it could get agreed and approved by Tanzanian authorites in time for drilling this year ( before end of Oct for obvious reasons(). Nobles fund raise has changed all that and Im now extremely confident rig deal will be done soon and then on site by end of Aug

Anyone else picking up the vibe that JKmeens is a little miffed over calling this wrong ? 🤣🌞🤣🌞🤣🌊🌊🌊🐬🐾🐬