Member Info for Magpie1862

Not sure about using calculater, but might want to use spell checker 😬

Agree on that not misinformation just uninformed non technical reasoning. Cannot be suspended for stupidity as far as I am aware?

Thanks for all the posts on cashing in, moving on, now waiting for news etc. like we actually care! But it would very much be appreciated if you could all now move on until that news arrives! It makes it so much easier to see objective posts for investing and objective reasoning against. Thanks awfully.

Please give me strength!!! This was an ESP Test NOT a production test! They know they have further work to do to reduce the GWR FFS. Rant over. Calmly says that is why they are in discussions for a JV.

@Blubay you realise people can see your previous posts right, makes you look the most hypocritical poster mate. No offence.

Pub careful of just copying and pasting from AI some none sensical stuff in that.

Some uninformed people on here, again this was an ESP test explicitly designed to stress the reservoir and gather deeper data, a normal step in appraisal. Which has done exactly what it says on the tin and more - identified the further work on the Basement fault and fracture system to increase GWR and helium recovery! And they have openly stated that, they are in JV discussions to assist with funding to further develop. Nothing in the RNS suggests a negative stance, the results have reduced technical risk and improved confidence:

Strong flow rates

High helium grades

Good pressure support

No Operational issues

Farm‑out process seems well advanced

Maybe I have my rose tinted glasses on? Or maybe things are actually rosy?

Switching off for now:

Proof the reservoir responds well to pumping

Proof the helium is genuinely present in high concentrations

Proof the well can flow strongly

Proof the company is now ready to farm‑out and move toward development

GLA

Obviously no idea about geology or process. I agree 03 MCF sounds small but this is ESP testing, a step to demonstrate full field commercial flow, not a production test!

"In order to assist with further trajectory towards development of the southern Rukwa Helium Project, the Company believes that now is an appropriate time to seek third party financing. To this extent, the Company will now embark upon a formal farmout process that will identify and select a suitable industry partner"

= De-Risked proven resource, Identify further drilling and were & bring a JV partner for financial support and expertise.

Anyone trying to spin this update as anything other than positive is poor and probably their first time posting on this BB!

I despair! The link is in about 6 posts or just go to the Company website ffs

@Jarv55 mate use a bit of common sense. Many links to it on this BB if you looked or I know not many people know but there is a small Ap called Google, which I find can be quite useful to find things!

Would be nice if people could just stop saturating the BB with cuts of the RNS that is readily available to be read in full. Cheers.

"Upon shut in, the wellhead pressure and downhole pressure quickly re-pressurised indicating encouraging reservoir support"

This although a small statement, is huge in context, the reservoir has sufficient natural support, meaning sustainable pressure to maintain flow rates over time = commercially meaningful & sustainable rates. Perfect!

Okay so checked out at lunch time today hoping for consolidation at 0.70! At end of trading day. That seems long gone although looking through one eye after one to many cold ones! But bring on next week! Wish all fellow holders a great week next week.

Have a great weekend all, switching off, will take a look at the end of trading day, I expect the normal profit taking will occur and I will be happy with consolidation of 0.7 at days end ready for next week. Hopefully higher but GLA.

Just thinking out loud why have we not seen a similar rise in Blue Star SP on ASX? Is the sudden interest due to further news on Rukwa Helium Project? It is Helium One's main asset!

Luckily enough to have bought recently at 0.45 I have tied my hands tied together to stop me getting an itchy finger on the sell at 0.73! Think this has way further to go on potential further exciting updates next week.

This has to have more to it than the good news last week! Nothing changed since that RNS unless the market has just woken up?

So you have been in HE1 for 6 years, bought at 4p and sold half for 14p yet after 6 years you feel the need to post at 0.68. Again call me sinical!

Maybe oversold but someone would still buy my entire holding at 0.67 at the moment! No expert like MCNol but seems definitely to still have legs.