Member Info for KAF444

https://www.proactiveinvestors.co.uk/companies/news/948730/helium-one-exploration-program-at-rukwa-going-well-as-company-looks-to-advance-project-this-spring-948730.html

Now 20.40p Buy

HLOGF
HELIUM ONE GLOBAL LTD.
Ordinary Shares
0.321

https://www.proactiveinvestors.co.uk/companies/news/948174/canadian-overseas-petroleum-highlights-truly-outstanding-second-half-948174.html

6th May

MOBILISATION OF DRILL RIG & TRADING ON THE OTCQB
Thu 29 Apr 2021 07:00
RNS Number : 9866W
Helium One Global Ltd
29 April 2021







29 April 2021



Helium One Global Ltd



Mobilisation of Drill Rig, Commencement of trading on the OTCQB Venture Market and Investor Presentation

Helium One (AIM: HE1) ("Helium One" or "the Company") is pleased to update the market on progress at its Rukwa Project (100%) in Tanzania with drilling rig and equipment mobilised to a forward holding yard and announce that the Company's ordinary shares will cross-trade publicly on the US OTCQB Venture Market ("OTCQB"), under the ticker HLOGF with effect from market open in the US today.



Highlights:

· Mobilisation of drilling rig and equipment from locations in Tanzania and Mozambique to a forward holding yard near Mbeya, approximately 100km from Rukwa

· Camp established at Rukwa ready to accommodate workers ahead of drilling

· Support systems and ancillary materials on route from China, South Africa, USA, Canada, Australia and the UK

· Trading on the US OTCQB Venture Market ("OTCQB"), under the ticker HLOGF commencing 29 April 2021

· David Minchin CEO to provide a live investor presentation via the Investor Meet Company platform on 6th May 2021 at 3:00pm BST



David Minchin, Chief Executive Officer, commented:

"We are delighted to report on continued progress at the Rukwa project with our on the ground team commencing the process of mobilising the drill rig and support equipment to site. Mobilising a project of this size requires time and planning. Equipment from a wide range of sources will be collected at a forward holding yard near Mbeya before travelling in convoy to the first well location.

"Management has worked tirelessly to deliver this project on time and I am immensely proud of the achievements of all involved as we look to deliver our maiden drilling programme on schedule in mid-May.

"The Company is seeking to encourage the significant interest that our Rukwa project has generated internationally with the commencement of trading of our shares on the OTCBQ. The US has a significant interest in helium as a commodity and we hope that the visibility we gain will further broaden our shareholder base and increase shareholder demand in one of the major helium markets of the world."



Drilling Update

Helium One has this week commenced mobilisation of a drilling rig and ancillary equipment to a forward holding yard near Mbeya. The yard, situated roughly 100km from the project area, provides a secure base to collect together materials from a range of sources prior to final delivery to the first drilling location.

Although the drill rig itself is mobilising from a location in Tanzania, the Company is working with a range of service providers to bring ancillary and support equipment to Rukwa from all over the world. Items in transit include casing from China, drilling m

Would the last day of trading be at close on the 29th or 30th April ?

Thanks barchid

Hi barchid, could you post a copy. thanks

Found it thanks. WoW

Were is this late trade showing please.

MONDAY BROKER ROUND-UP
(Sharecast News) - tinyBuild: Berenberg initiates at buy with a target price of 295p.

easyJet: Berenberg reiterates hold with a target price of 960p.

Energean: Berenberg reiterates buy with a target price of 1,090p.

Deliveroo: Berenberg reiterates hold with a target price of 310p.

Brewin Dolphin: Berenberg reiterates buy with a target price of 390p.

London Stock Exchange: Berenberg reiterates buy with a target price of 10,000p.

Tesco: Berenberg reiterates buy with a target price of 280p.

Helium One Global: Canaccord reiterates speculative buy with a target price of 21p.

Pantheon Resources: Canaccord reiterates speculative buy with a target price of 100p.

Cerillion: Canaccord reiterates buy with a target price of 575p.

D4t4: Canaccord reiterates buy with a target price of 400p.

https://www.share-talk.com/stock-market-watch-he1-tgr-gun-shnj-zoe/#gs.ylbo7u

intended exploration success.

Proceeds will enable the Company to save significant time and costs by keeping drilling equipment in the field to carry out appraisal work immediately following intended exploration success

Moving up

Love this bit, If institutions want to get involved buy on the open market.

Love the comments, made my day.

Andrew Austin, Chairman of Kistos, commented:

“We are very excited to be beginning the next phase of Kistos’ journey with the acquisition of these profitable and cash generative assets, which have probably the lowest carbon footprint of any production assets in the North Sea. To be producing gas, a vital transition fuel, from normally unmanned platforms powered by solar and wind is exactly what we set out to do. In addition, we see potential for significantly increased production from discovered hydrocarbons within the licences being acquired by Kistos.

“The team at Tulip have done a fantastic job to date in getting this low carbon production operation up and running and we are looking forward to working with them and our partners at EBN in replicating this success and being a model for future low impact developments.”

So, Andrew Austin has delivered a deal as promised and one of size and also within the indicated timescale. Indeed while on promises he has delivered a deal that is in energy transition and in gas and taking a look at the ‘greenness’ of the deal I can’t see anything on the radar screen with such carbon credentials – bar none.

The size may be slightly larger than I expected but then never say that with AA of course and with the shares now suspended as it is an RTO and needs a bond issue which is likely already underwritten and an equity raise to sort out in the next few weeks. Kistos has started with a clean sheet and already added the greenest deal around which makes a lot of sense on an economic basis and points us in the future direction of travel.

In terms of this as a starter deal it looks very exciting indeed, it includes a great deal of already discovered hydrocarbons so the pressure is off to a certain extent to do another deal in a hurry although that has never stopped AA before…

780 individual investors via the Primary Bid Offer, how many are going to sell on 5th May, will there be a big SP drop ?