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Yawn!

PS I know several people who also subscribed and none has sold. For the existing HE1 and Attis shareholders, they need a much higher price to get their money back.

DYOR

I put a lot into the placing and haven't sold.

The two circumstances under which a placing is likely are; the sp goes bonkers (15p +) in the short term or they want to do more drills than planned (3). If they hit commercial gas, it is likely that the development cost will be debt funded or He1 gets taken out. They could have taken more in the placing but didn't, so why place now if they didn't take more money in the placing just gone?

Everyone who subscribed got cut back.

DYOR

Read the RNS it explains everything.

https://twitter.com/RRR_RedRock/status/1335911440386052096?s=20

https://twitter.com/USFunds/status/1334950542834077699?s=19

It is in the RNSs. 236:1

Your shares in Attis have been exchanged for shares in Helium One. They will show up as Helium One shares in your account in due course.

Been inside for months and it is best to say nothing. We will see if the shares are cheap or not tomorrow.

This going to be very difficult to call: if they get to drilling and find commercial gas the numbers will huge. So what do you do? Take 3/4 times up now and be happy or hold till next May time? Whatever you do it will be wrong and same here. Difficult to know what to do for the best.

DYOR

Helium One Global Ltd #HOGL

Fingers crossed it has been a long old wait. Well done by PA and SC: there was no guarantee that this would happen.

HOGL had an offer from a large specialist gas company a few years back at a multiple of today's valuation. All the technical bods had signed off on it but it got knocked back at board level. The gas company decided it was not in the exploration risk business and pulled out.

A big thing going forward is US Investors, to accommodate them investing HOGL will need to arrange a dual listing on the OTC markets in the US. I am told it can be done pretty quickly; of the order of 6/8 weeks. Just as gold companies get a higher valuation on the TSX, so HOGL will get a higher valuation if it has a US listing of some sort.

Anyway, good luck for tomorrow: absolutely no idea where the price is going to go.

DYOR

Looking a bit better, it was a bit sickly back end of last week.

We should have some news shortly that will take it further up with a bit of luck..

DYOR

See the RRAL bit.

https://www.powermetalresources.com/Uploads/0416-POW_November_2020_Presentation_27th_Nov.pdf

https://twitter.com/PowerMetRes/status/1332319425656197121?s=20

https://twitter.com/angusenergyplc/status/1332277652674240514?s=20

https://twitter.com/PowerMetRes/status/1331567657439653890?s=20

https://twitter.com/mlofgran/status/1331328856360329217?s=19

Not true but let's see. We should know shortly.

Some strange trades on ADV today.

You might think it is a bit close but what matters is where the drill is on the structure. Think of it as a mound with a convex top but a very large one and uneven, buried 6,000 ft down. Where you drill on it determines how much oil you can get out. If you drill on the flanks of the structure you end up missing a lot of oil that is higher than where drilled, this is often called Attic Oil. It is possible to have a number of structural highs in a structure. The RNS says that the Cypress drill is higher on the structure than the Strand well and that the Top Woodbine is 17 feet higher than prognosticated from the 3D seismic. What that means is that our well should be able to access oil that cannot be accessed by the Strand (offset) well.

Likely it means that the EUR on our well is a lot more than the Strand well because ours is better positioned on the structure.

What Cypress now need to do is go back and reinterpret the 3D seismic and recalibrate it using the wireline log results from our well. This should let the position the next wells optimally. Likely they won't do anything till next year because they will want to get the production data out of this well and match that up with the recalibrated and reinterpreted 3D.

Anyway it looks like a decent enough result and we should be able to get decent production and a decent EUR.

DYOR