Member Info for NigelHaemoglobin

All very interesting Harry but we need to see the results of the Sand Jet experiment first. Until then it is pure gambling.

Of Liquid He per day at a flow rate of 0.5 mmscf/pd.

Someone for the love of god check my figures, I'm not b****y infallible! Merely trying to explain the drop which I believe to be rational.

Well, after nearly two decades of investing there never has been an odder proposition. It is one for the patient and stone mad (joke, for the woke).

Clearly Methane is the primary transition fuel, particularly in the context of Ireland where fuel oil, coal (Moneypoint, households), peat and LPG use is commonplace. The import of oil which could have easily been provided for by the Celtic Sea has been ignored. The Greens and Sinn Fein prefer Middle Eastern hydrocarbons evidently.

So, do the numbers for yourselves. What is the probability of ECT success? What could be the award after costs? What therefore is a rational sp at the close before suspension?

Make of the above what you will.

Given that Dr Boldy has indicated that the litigation could equate to sp multiples a heavy placing may seem somewhat dubious.

Bit of an AIM nerd rulebook jobby!

Correction, 32 Jerry cans hoho. Fair few of those still lying around in the Eastern MENA area.

In other words 820 litres, not 'two Jerry cans' as I posted elsewhere.

Check my arithmetic but that is my calc for the volume of liquid Helium per day after liquefaction from the last well.

Now do you all understand why the SP is and will continue to be smashed?

At least he has refrained from posting outlandish share predictions. In addition when does he post negatives? Natural resource prospecting is heavily skewed by a plethora of risks.

Look at He1, the recent operational RNS is totally clear, the well would potentially produce 2 Jerry cans of liquid Helium per day!!

You still havent got it, 4-5% He in 0.5 scf/day liquifies down to a volume which you can carry with your two hands!!

What they have discovered is improved potential for commercial discoveries.

My advice to you if investing in early stage natural resource prospecting is to try and learn how to switch your mind between buy, sell, hold or long term accumulation. Otherwise you have

Pub, if you don't understand why the SP was hammered today look again at the numbers. The minimum flow volumes of He could of course be, well, the minimum but the actual value of Helium at those rates is a fraction of Capex plus Opex * time.

A cursory glance at the numbers ought to be sufficient. That is not to say that future results will not be very good. Interesting experiment and marginally profitable.

Cheerio.

Articulate post Joe, a rare commodity indeed on LSE bulletin boards. Right back t'pit for me.

You will have to show your working to gain a C at this maths class. As I posted if there is a flowrate/resource increase you might have something.

Really sorry but I have explained the sp drop to you as succinctly as possible but you fail to understand it.

For anyone numerate for the moment assume that minimum=maximum flow. Apply an expansion/contraction factor of 811, study prices of liquid Helium and you have your result.

Without a significant increase in net flow rate of Helium confluent to a large proved resource this well is marginal to uneconomic.

Good experiment though. The SP is only held up by tribes of happy clappy HeliumOne fundamentalists...

This is a business/legal template designed to optimise and simplify all future contracts between parties.

News to me hence the wiki link.

https://en.m.wikipedia.org/wiki/Master_service_agreement

Satellite watching is pointless Nick, I think the sub-equatorial nerd started it.

All that matters is that the SJ testing and hopefully M5 demonstrate a large discovery with sufficient resources (then reserves with funding) to be economically exportable.

I view CNG as a minor long term positive but a ground up, road transported downstream business will not blow anyones trousers off in the short term.

Shame they lurk in Jersey, a London AGM would be commutable.

The reality is now becoming convergent with the aspirations of the company, workforce and investors. From today's rns.

"five-year Master Services Agreement for the fabrication of large structures with a global oil services company supplying subsea infrastructure across the major hydrocarbon basins around the globe".

I think we have our billion+ STG five year outlook already with FSS, the above, Port Stanley port, HMS Atherstone, Sea Rose, cruise ship work, small vessel work (nearly always something in the Belfast Dock).

Everything going forwards adds to the above orders. IM will or rather could help secure the company and 1,000 jobs (will be 5,000+ with luck). I wish that the greens, nimbys, hard leftists and other mentally challenged groups would somehow evolve.

Nothing is one directional though and while a strong buy it is in the risky folder until a long term, low cost banking facility is agreed.

Good info Si, I don't do charts (but ought to), more of a buy, trade on news and try to build holdings ie lower average.

One of my best days in three years, on paper anyway with Rkh and Harl pushing strongly upwards.

Apologies Highland but if a poster is showing signs of stress or reads The Guardian it would be alarming to give them credibility.

He certainly has some very odd ideas.

Sorry, forgot my rec. To be taken only if the admixture of risks are understood. A decent weighting strategy is essential.

I think he was weferring to geogwaphical aweas while spaffing over the Socialist Worker, Marxism Today and the Old Testament.