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788 posts is a lot noisier than it has been for a week or so.

For the thousandth time, in Lorna’s own words “It will take time and we want to get this right”

Take all the time you need to get this right I say. Then deliver what all investors should be hoping for. Huge prospects and a path to successful commerciality. Without diluting the hell out of it again. We all deserve that.

Back on the way to where we were at the start of the week. Hopefully we’ll get news to take us way beyond.

God willing. 🙏

Great watch, thanks.

And a great comment to end the presentation. “Commercialisation is there, it’s in view”

This will all happen for Noble and for Helium one. They seem to work closely as companies and are part of the same agreements with a government that is serious about making this a success. Just a matter of time.

That’s a 2 year old article, but hopefully the timeline still applies.

Yes, that’s why she said it would take time to evaluate the data. They want to ‘get it right’ as she has already said. Can’t blame them.

Not read through any comments on here today as yet, but that interview is excellent. Very clear. And she certainly cleared up debate about flow and not waiting for an independent test. All go from here. Just taking the time to get all that right understandably.

Perhaps your Geologist didn’t quite have all the information he needed.

Joe80

Brilliant stuff. 😆

They should be renamed to FLOW1

LOT, on this point:

“If its by reverse circulation then it is in fact the mud that is pulling the gas to surface because there simply isn't enough pressure in the zone to do it on its own (this is what we don't want). If its free flowing from the zone itself to surface ie there is more pressure in the zone than in the well bore letting it move that direction - then we have a chance of a successful well.”

Lorna said in an interview (after drilling, and after TD was reached) that they were going to fit packers to the zones of interest, then look to take samples. Post that, we then had the news of the 4.7% gas to surface. So, if that’s after drilling, it would surely be free flowing to surface, not in drilling mud.

Doh!

4,857,542 out of hours at the end of yesterday. (17:15)

20th November RNS:

https://www.lse.co.uk/rns/HE1/tai-3-well-results-abmducg1olflner.html

Itumbula prospect

The Company is also in the process of reviewing the geology of the Itumbula prospect, in light of information gleaned from Tai-3. The Itumbula prospect is bound by one of the largest faults in the basin, and this is associated with a prolific surface helium seep which has measured up to 10.4% helium. The results from the Tai-1 and Tai-3 wells seem to indicate that it is the faults and Basement fractures that are releasing the highest concentrations of helium and, therefore, the Company now intends to target the western bounding fault of the Itumbula prospect during the second phase of this drilling campaign.

The Company is still finalising the details of the repair work that is required for the rig and will provide updates as soon as that information is available; as well as plans for the revised well location once concluded.

Sorry, 20th November RNS is clearer. There’s a full section on it.

10th November RNS. 👍🏼💥

Avoid paywall here:

https://archive.is/2024.02.18-104607/https://www.ft.com/content/81819f64-1025-489b-959a-c3d9b14cc77a

Strange it disappeared, but…

Thanks Masks for your video links.

Exactly.

7-10 days. In reference to logging and well testing. Which is done on site. That was before they flowed the stuff to surface. So not official final results. On site timing.

4:20 in the ‘flow to surface’ interview. “It will take a bit of time to unravel”

No mention of a timeline for results.

We discussed all this two Sundays ago when the board was filled with ‘news imminent’ comments and expecting an RNS last Monday.

They have never said two weeks to results. They have never mentioned timelines since they flowed the gold to the surface and declared 4.7% with their on site equipment.

It’s usually up to 8 weeks for official analysis and results apparently. Can we all just stop the thousands of posts endlessly debating the minute it will drop? Nobody knows. Could be this week, could be by the end of March. But it’ll be worth the wait.

4.7p? 😆