Member Info for Justathought

HE1 share trades is flawed, my buy this morning is advised as a sell so i would not take this as Gospel.

In this day an age using an outdated system on price only and not buy/sell well can only be mistrusted.

Bargain price to average down, looking forward to coming news.

Well investors know, obviously you are not clued up.

500,000 with artificial lift x 2 is 47 x mcf @ $450 (some contracts are now $600) = $7.719 million per year x 6 wells. Circular $50 million per year.

Minimum $50 million per year - JV or Loan as per Company presentation, no need to issue further shares to the market. Double (minimum) the current free flowing well with artificial lift. 6 well program into production facility as per presentation. This is the minimum I see and could be greater with the words world class.

Time will tell, let the company do the numbers and advise the market. I am very confident the Artificial lift will at least double, this company is moving into production, hope you don't miss the boat.

For new investors look at the presentations and RNS`s.

Be nice to get an RNS with JV partner Air Liquide, been to Ras Laffan as you approach in Qatar it just takes up all your view on the horizon, huge place. The link below is the new 38 million cubic meters of helium per year process plant. Now this is world class and if we get anywhere near this I will be very surprised. I expect flow rates to double with artificial lift though why not a 12 well programme. You have 6 months HE1 to set out forward looking plan to production to give news that will transform the company and pay back investors, Lorna as stated world class, lets see how close we get to this Qatar process facility.

https://engineering.airliquide.com/qatar-start-worlds-largest-helium-unit

This as nothing to do with the company its part of the endless tittle tattle, oh well, my HE1 fix is done for the day and I should be out on the lash!

Look Roger If that is implying me well yes I was wrong on the percentages the Tanzania Government would be taking and I was directed to the old presentations by someone kind enough on this board which showed my error with government taking only 16%.

If you have any additional information that discredits what I have typed today then crack on, I'm invested and want this to succeed, pity we cant copy and paste here and show the cards we hold.

Still we are not far away from News and if good we will fly if not good then we will tank, from what i have seen from past Geology to future looks good that is why I hold.

Do you hold and why? If you don't hold why bother posting?

Couch with Tonsillitis to Gym and great north run September 2024 - Forget the past am crying about the work in the future ;-)

Would be nice to have a big re-rate the Friday before the event which would make it more satisfying.

I have 35 years in Procurement Logistics and Materials Management, worked all over the world, my last share was Cove energy and had to sell my Serica Energy due to a divorce. I am lying on the sofa with Tonsillitis, have lost a fortune due to relationships (Most O&G men do) i am waiting for this to be my pension pot as i never thought the good old oil and gas days would die and i am telling you what i think, only twice the flow is a no brainer. best of luck everyone.

Never seen that one from 2016, seen the Oxford university, wired, etc etc, link below:

https://www.bing.com/search?pglt=43&q=Tanzania+helium+find+articles+2016&cvid=a6dc0e55380c437596ec8f33c11d0ed2&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQkxMDgwOGowajGoAgCwAgA&FORM=ANNTA1&PC=U531

If you are invested here you obviously know we are waiting an update on the stimulated well flows, the size of the well, the next well drills, a joint venture if above is all viable. This is due in quarter 3 - 5.1/2 months. maybe the Spares will get here sooner and rig can commence and further details could come quicker and surprise everyone.

In cash terms that will change the current SP we are naturally flowing $3.7 million per year. Stimulation will usually enhance minimum 300%, though lets say double which is $7.4 per year. Then we have a 6 well programme with our own rig available and 18days it took to drill one well so another 5 wells = 90 days lets add 50% and give it 120 days - 4-5 months. So 6 wells producing will produce a minimum of $44.4 million per year.

JV or loan for the $38 million process facility, additional acreage.

CEO as commented they have hit the biggest Helium deposit in the world they have hit the sweet spot. She was full of herself in the 1st video which gave the SP a big boost prior to RNS announcement of free flow rates ($3.7 million per year as mentioned above) which the market did not like. The CEO followed up with a somewhat subdued video, well a lot more downbeat from the 1st and we have been hit by day traders ever since with utter b-ollocks been posted on this board.

For me all they have to do is give an upgrade of stimulated flow rates ' just x 2, announce find in place which I believe will be huge, announce the additional 5 well programme and process facility delivery date with either JV or loan in place and this share will zoom.

I am currently holding at a loss though i am like a lot of holders waiting with this next set of details.

People will wake up soon and realise that all is needed is X amount of information, do you believe this is possible. then we roll on to the next large targets and do it all again.

Production in 2025 how possible and what price from here will this share be?

No they will not dilute with new funding, JV or loan it is in the presentation.

half the people on here have no idea about this co just looking for 1 day gains, pretty sad.

6 wells, cost could be loan or JV as well as the process facility, which was mentioned in the presentation. Took 18 days to drill one well, production is in 2025.

RNS: This is a highly exciting time for the Company as we transition beyond exploration.

With the flow numbers it works out at $3.8 million per year and with the process facility in the region of $38 million why would the company bother.

Maybe stimulation will double the flow (more than likely more) $7.6 million per year per well x 6 wells = $45.6 million minimum this is what patience will bring and much more from further licences.

Pushed down 6% at bell, pump and dump day, am off out.

At this SP i would predict another pump and dump today 1.79p to 2.1p to a 1.9p close.

Https://www.proactiveinvestors.com/companies/news/1042623/helium-one-reveals-rates-from-itumbula-as-it-advances-to-appraisal-phase-1042623.html

For all of the nonsense today, does anyone think this is a move forward, jeez Rome wasn't built in a day!

Had to leave this morning expected the market to shift 10%, doesn't really matter in the long run!

Night Johnboy, couldn't resist, enjoying a chilled night on the whisky ;-)

EWP Q3 is that July-Sept, obviously, possibly upgrade after stimulation etc, JV possible in the same RNS or afterwards, JV might include additional 5 well program with no additional cost, will the process equipment be a long time in the making?

Still RNS states production and indications from Tanzania are for 2025.

After this RNS we are further forward than we was yesterday, the market expected more it was just the flow rates without stimulation. The market didn't like it and the day traders got on the lows and pumped and dumped.

i got a lot wrong with this stock with percentages early doors as i was told from someone else who i respect to get in and looked at wrong source of information.

Looking at the board today, it is all we know and a lot of people sending false information (which i did not deliberate - apologies) and deliberate information today to try and manipulate people buying and selling, well gullable people looking at these threads.

End of day nothing as changed and this will tick up again waiting on the next news.

I see stimulation x 3 plus 6 wells, at least $50 million per year at least, and further areas to explore.

20p - 2025 - im holding and trying to ignore the rats on here ;-)

Have the nutters gone yet !

Flows without stimulation, was always going to be a multi well drill so am happy we will eventually have the 1.05mmscf per year, just a bit more time needed.

Market expectations was for this to be a single well wonder, will be in time, think this will be shorted today and like a yo yo with buys late on once the penny drops.

**** rns