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RKH announced a discovery upon TD, before they even conducted wireline, nevermind a full well test. HE1 had all the data 4 weeks ago to announce a preliminary discovery. They chose not too, for whatever reason. You'll still perform a welltest an drill appraisals (hundreds in some cases) even if it is a discovery. You need to size up exactly what you have and put a price tag on it. It's just standard procedure. If the well wasn't going to be a producer then they may not bother doing a full well test on her etc
Hopefully they'll announce a unequivocal discovery next RNS, if not, have your parachute on ready to bail
Juno
You would of noticed then, thar when I did 'make sense' it saved me 20k. Where as all the ramping numpties, ramped themselves into huge losses. Proofs in the pudding. Mu knowledge of drilling and common 'sense' prevailed where as the ramping morons failed
Same morons back here ramping away = history repeating itself
So confident that it will rise, yet so insecure about investors discussing a similar helium play...aye, makes sense 👍
Pulsar stated one important detail HE1 have yet = flowed 'NATURALLY', yet unmeasured. Once a well test/flow test I'd complete, they'll have all the data to hopefully announce something we have yet to do, a discovery.
Good luck to any Pulsar holders, its looking very good 👍
''As the helium rises through the well bore, the pressure decreases, and it is thought that the helium then comes out of solution and increases in concentration.”
Pressure DECREASES and it is 'THOUGHT' i.e. not conclusive that the helium then comes out of the solution. This is maybe one of the things they're evaluating/determining.
So cooling of fluids to extract the Helium. The same as Nobles method. Is MY opinion
Where have i stated that it isn't a huge milestone for the 'COMPANY'. Obviously it is. What I am CLEARLY and CONCISELY stating, is that contrary to the claims of the braindead rampers this will NOT blast off, if they go down the Noble road. Nobles SP is evidence of this FACT. I have highlighted evidence that suggests that we could be headed down thar exact road and I have urged caution
How difficult is that for you simpletons to understand????
Holy shxt, this board really has turned into an echo chamber of pure child like rampy drivel
'Flowed freely' nah, nah, nah, let's not be misleading here fella. Nowhere in the RNS or in the interview is the word 'Freely' used. So refrain from posting disinformation. The RNS clearly stats that 4.7% was achieved via reverse circulation, that's the opposite to 'Flowing freely'. All 3 samples were fluid samples. Not a single word ushered in regards to quality of flow
2 things we need to enable a blast off into orbit
1) an outright declaration of discovery
2) free gas and decent commercial flowrates/volumes/thickness
RNS excluding the above = blast off delayed until they drill a hole that does contain all of the above, or they get producing. Whichever comes first
This share will come good for TRUE long term holders eventually
Lazy rampers just cut n paste, were as serious investors dig for quality data/information
https://youtu.be/ndzxEUAQlaI?si=rP_66A9pHdpJk7oN
Noble presentation just 2 weeks ago. Lots of useful information regarding HE1 and potential JV's with the Tanz Gov, same as Noble, as divulged near the end of the presentation.
The biggest take from it in my opinion. Is 8.41 - 'helium one to our south exactly the same thing' I.e. as I've been claiming recently, we heading down the same road as Noble. No free gas/flow, using the yet to be tested/prived water extraction method - 'Working on a low cost pilot to test our 'THEORIES' 9.07. It's all theoretical hence Noble not being able to confirm a discovery and the reason HE1 won't claim an outright discovery, until the theory/pilot plant is proven. Will the market react negatively as it has done with Noble?? That remains to be seen. No official declaration of discovery, then its more than likely the market will respond the same way and the SP will spike n dip. The clues are all there in the video and our own RNS's
Transformational? In the long term YES, in the short term NO
Positives- it looks like Noble have a deal with the government and a offtaker willing to cover costs of setting up shop/the pilot plant. We should expect similar deals to be put on the table also.
This is still a high risk play. Tread carefully