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AimHigherStill: As per the Half year results for the six months to 31 December 2024:The Company's cash and cash equivalents as at 31 December 2024 was $3,481,147. Note this does not include $700,000 contributions expected on completion of the sale of EP 145 ($400,000) and EP(A) 155 ($50,000 received, $300,000 subject to grant of the permit) in Australia

Where? It is not showing on LSE.

Steve: don’t forget to mention 1 code lol

Lol

Hahaha thanks for reminding me Ttek but it dropped on Friday so I was expecting it to break years high 0.08 today.

Share price dropped any reason? Thanks

But isn't it better to play safe? If they find helium in the first well with a good flow rate, it will unlock the rest of the four wells.

I believe it is better to wait for the result of the first well and then make a purchase if there is good news. What do you guys think?

James: I'm sorry if I misunderstood you. What you're trying to say is, don't expect much from drilling next week. Is that right?

CEO Andy Carroll interview with Proactive on 21 Apr 25:

Proactive: So there's a five-well drilling program. Some of the factors that you're going to be considering are helium concentrations and reservoir pressure.

Are you encouraged by positive results from other operators in the same area as Vecta?

Andy Carroll: Yes, indeed. Blue Star, in a joint venture with Helium One, are reporting their drilling results, and there’s a lot of lessons to be learned from each of these wells drilled.

Vecta and Blue Star drilled a well called Salmons last year, and everything was looking really good until they hit high CO2 and low helium content.

We’re very keen on the Vecta prospects, which are further east near the Model Dome field.

That field was discovered and produced in the 1920s and had a much higher helium content, in the 7 to 11% range.

So we’re hopeful of higher helium concentrations further to the west. But each prospect has an individual character.

It’s nice to have this package of five, and each one has its own exploration probability of success. But by drilling five, the odds are obviously significantly increased.

It would typically take 1 to 3 days to drill 1200 feet with a standard helium exploration rig. The exact time can vary depending on factors like the type of rig, the geology of the area, and the skill level of the crew. Some rigs can drill 1000-1200 feet per day, according to The Driller.

AIM2025: No share goes up in a straight line - consolidation is healthy for the share price. See you next week (drilling week)

No quotes available on IG. I wana buy more

The farm-out approval was initially expected at the end of March. We were informed in the RNS that this should be completed by the end of March or in April. Both targets were missed, and we are now in May.

When I looked at previous RNSs, the Cameron farm-out with Beluga Energy Limited was supposed to be signed off by 20th November 21, The MINMIDT was formally requested to review the transaction on September 21st, 2021, and was given a 60-day period to respond. Tower Resources announced that the transaction had not been objected to, nor had they received any further requests for information from MINMIDT.

It has been three months since the farm-out deal was announced, so I expect another three to four months before we hear any approval. This is based on previous experience with MINMIDT. Before you guys start cursing me, let me tell you that I have invested 20k in this company at an average of 0.025. I want it to grow so that we can make money, but we should not run away from reality either.

Jme1976: What is your short and long-term price target? thanks

UT 90m

Four sells and one buy after the code 1. What does it mean Steve 😂 😂 😂

We were informed on 7th March 25 update that the matter was with the Office of the Presidency and awaiting formal Presidential approval. It's been almost two months since then, and there's no news. How long will it take? Drilling was in the second quarter, which has now definitely moved into the third quarter, and who knows, may be in the fourth quarter.

Some movement today.

Doc83: your share price prediction today please :-)