Member Info for onsolidground

Its been 1 month to the day since Helium 1 hit its Target Depth so that next update to the market is getting closer and closer and especially with Independent verification on site.

"We did things differently at this well, we tested it, and had our own independent verification at site. The samples and flow-testing were analysed at site, so we’re very confident what that 4.7% tells us. We will be sending some samples off to the lab, but we’re not waiting on them to move to our next steps, and that’s an important message to get across."

Video interview with Lorna Blasse, CEO @ Helium 1. May I suggest you watch it, the facial expressions and nonverbals. 10.25 onwards watch Reason 2. For me a give away.

https://www.youtube.com/watch?v=OLtoKpXsJoU

Target Depth reached at the Itumbula Well. 961Metres. Elevated helium shows in various levels. 3 or 4 more than Noble Heliums finds (see later).

https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-has-successfully-reached-td-vmkkvswza9v67ua.html

Helium 1 Further updates the market with 4.7% Helium and 2.2% hydrogen. NB. There are commercial projects with concentration levels of 0.08% through to 0.35% and 0.5% and 1%.

https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-flows-helium47-to-surface-h3ozbl2v33bohu1.html

Noble Helium's detailed analysis results.

Noble are a neighbour to Helium one and drilling on the same Rukwa Basin. The two wells drilled were shallow wells and only targeted the Upper, Middle and Lower Lake Beds levels. (See the diagram) Using the same diagram as reference Helium 1 drilled through these 3 levels but went much deeper through the grey section and down into the Basement level. Noble Helium achieved a free flowing Shallow Gas cap of 10M-15M which they think could be readily monetised and they also found 2 deep reservoirs of Helium, importantly with high porosity and permeability. Reservoir depths of 148m (Mbelele-1) and 271m (Mbelele-2). Factually if you were to sit one of these on top of the other it is virtually the height of the Rock of Gibralter. The two Noble Wells are approx 70km away from Helium 1's Itumbula well.

https://nextinvestors.com/quick-takes/nhe-lab-results-increase-net-pay-by-over-two-three-times/

Next - Shaun Scotts (CEO of Noble Helium) presentation to the RIU Mining Conference in the last few days. Throughout he makes several references to Helium 1 but Note how significant their 2.48% Helium concentration is on a world scale. (Helium - up to 4.7%). Note also what is said about their offtake negotiations, offtakers happy to truck and also Helium Shortage 4.0 which is driving scarcity and high Helium prices.

https://www.youtube.com/watch?v=XI_22QayyxM

This Satellite overview link (Top left) lets you see where Helium 1 have been drilling relative to Noble Helium (70km apart)

https://www.flickr.com/photos/194934344@N06/53294530511/in/dateposted-public/

Also take a mooch around the Helium1 website for the 3 different areas they are targeting (Rukwa, Eyasi and Balingida and the number of plays. If you can find out how many "plays" they have and also be aware there are several secretive licences (I think 9 which they were negotiating on)

Amidst all that you should find that presently they have

~ 100% Equity in all licences are 100% owned by Helium 1( So massive scope to farm in)

~ Full ownership of their own purchased Drilling rig, so no delays waiting for available rig slots

~ They also have their own Lab for detailed analysis on site.

And in there share LB also confides

1. That they are pretty confident that 4.7% Helium *IS* 4.7%. They have their own Lab on site.

and

2. That they are cracking on and don't need to wait for detailed results first.

Two big positives that stiff the shorters thinking the up to 4.7% might be downgraded and secondly that what may have been perceived as a news void a) has already been filled once in the new video interview and b) she mentions several times in there about updating the market so there will be steady newsflow - and we all know HE1 moves quick on news.

Much calmer trading pattern today with what looked like a 2.45p to 2.55p Buy order being filled and not many were selling on the dips to 2.35p and in between. Bodes well for next week.

Maybe it's just me that finds the Irony in this and having seen the same on TUI as well a Indivior

You list on the market and expect it to be orderly and the share price to be a fair reflection of the businesses and expectations.

Yet the day before yesterday Indivior was valued at 22% less than it was yesterday after announcing they are shiftng their primary listing to the US.

So just to get this right, its the same market and market makers that set the equilibrium prices that actually gives you a 22% pat on the back the day you say you are leaving the same said market they were meant to be making prior.

Simply laughable but can't blame TUI or Indivior for their decisions and I sat through and benefited nicely from TUI's decision.

Category 6 or Category 7 ?

This gent and company might be advising and maybe worth keeping an eye on for any updates. He has a lot of rquired skill sets.

Kai Gruschwitz and Notting Hill Geoconsulting

dyor.

They have their own detailed lab on site and Lorna yesterday reiterated that along with saying that they are "pretty confident" that they have 4.7% (and presumed 2.2% Hydrogen, and Argon).

They should also have a fairly good idea on several other matters.

1. The depth and extent of any Helium reservoirs they have drilled through

2. Whether they have encountered any shallow Gas Caps in the lake Beds levels (as Noble Helium have and which can be inexpensively and quickly monetised)

3. The porosity and permeability of the different layers.

4. Flow rates in particular from basement.

That's why imvho she is radiently smiling throughout the full interview and why they are cracking on with what's next and ahead of Detailed analysis results. In effect they have already gained a month in that regard from Target Depth being reached.

Disappointing - maybe 450p. Pleasing - could get back to £8.00.

Did I say "flying". Our chips should be "frying"

"Can’t even buy £250 worth 🤬 what’s going on?"

I'd probably say in the first hour and 5 minutes you just watched a buy order being filled.

Traders will trade but it must be getting close to that time where a more medium term perspective should be employed.

But each chooses for themselves.

Nice job done by them and others in the first hour or so with what should be close to 43m traded off a slight opening drop in sp.

You have to remember that not only are they market makers but as brokers they also have clients needs to service so a dual interest.

You, me, their clients, even they can see what was the tone and content of Lorna Blaisse's video interview yesterday.

It might not move instantly in the direction you wish but the true value normally outs itself with a little bit of patience.

Nvidia flying high last night and just about a $2 Trillion valuation. Seller of AI Chips.

Ocado, high tech company in its own right and Seller of Chips also. The frozen variety.

You've got laugh in life.

$82 per barrel oil

28p share price.

Both looking well out of alignment.

I think I saw only just over 2600 shares traded in the first 20 minutes @ THG.

Why No institutional support snapping these shares up at these levels?

Related questions. Are we sure MM has 65%. Are we sure he has 50%

On another note I see Mike Ashleys Fraser Group has picked up a holding in Hornby of all companies. I'm dying to add "all aboard" or "the trains left the station" to the Frasers bulletin board.

Watch the video and demeanour of the CEO throughout and then decide if you should be selling, holding or buying HE1.

Personally I have agree with Liberum.

https://www.youtube.com/watch?app=desktop&v=OLtoKpXsJoU

(Sorry for premature posting previously)

Watch the video and the demeanour of the CEO and

Its not just the 4.7%

Because they have their own Field lab @ base camp LB categorically stated yesterday that because of this they are confident that that number is correct.

Great interview yesterday and exuding confidence and where the smile said a thousand words.

Best bit though is that with their own labs they themselves already know their results so are able to crack on without delay.

So much optionality provided yesterday.

Couple of other briefs bits for you.

Lorna Blaisse's first interview @ up to 4.7% Helium and 2.2% Hydrogen.

https://youtu.be/VMkvHfmJupY?si=j0ir6dMy3Gswsx0C

Here also for context is link to Gold Hydrogen which is an Australian mining company that just recently hit the jackpot over there with not only high purity Hydrogen but also high percentage Helium, deemed to be world class.

https://www.goldhydrogen.com.au/updates/gold-hydrogen-features-on-bbc/

Hopefully it is one of the companies that we reach out to re our unexpected Hydrogen find.

The rest is over to you.

I've cobbled this together quickly so apologies if I've missed out anything.

Todays video interview with Lorna Blasse, CEO @ Helium 1. May I suggest you watch it and the facial expressions and non verbals. Then read and revisit it again.

Target Depth reached at the Itumbula Well. 961Metres. Elevated helium shows in various levels. 3 or 4 more than Noble Heliums finds (see later).

https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-has-successfully-reached-td-vmkkvswza9v67ua.html

Helium 1 Further updates the market with 4.7% Helium and 2.2% hydrogen. NB. There are commercial projects with concentration levels of 0.08% through to 0.35% and 0.5% and 1%.

https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-flows-helium47-to-surface-h3ozbl2v33bohu1.html

Noble Helium's detailed analysis results.

Noble are a neighbour to Helium one and drilling on the same Rukwa Basin. The two wells drilled were shallow wells and only targeted the Upper, Middle and Lower Lake Beds levels. (See the diagram) Using the same diagram as reference Helium 1 drilled through these 3 levels but went much deeper through the grey section and down into the Basement level. Noble Helium achieved a free flowing Shallow Gas cap of 10M-15M which they think could be readily monetised and they also found 2 deep reservoirs of Helium, importantly with high porosity and permeability. Reservoir depths of 148m (Mbelele-1) and 271m (Mbelele-2). Factually if you were to sit one of these on top of the other it is virtually the height of the Rock of Gibralter. The two Noble Wells are approx 70km away from Helium 1's Itumbula well.

https://nextinvestors.com/quick-takes/nhe-lab-results-increase-net-pay-by-over-two-three-times/

Next find Shaun Scotts (CEO of Noble Helium) presentation to the RIU Mining Conference in the last few days. Throughout he makes several references to Helium 1 but Note how significant their 2.48% Helium concentration is on a world scale. (Helium - up to 4.7%). Note also what is said about their offtake negotiations, offtakers happy to truck and also Helium Shortage 4.0 which is driving scarcity and high Helium prices.

https://www.youtube.com/watch?v=XI_22QayyxM

This Satellite overview link (Top left) lets you see where Helium 1 have been drilling relative to Noble Helium (70km apart)

https://www.flickr.com/photos/194934344@N06/53294530511/in/dateposted-public/

Also take a mooch around the Helium 1 website for the 3 different areas they are targeting (Rukwa, Eyasi and Balingida and the number of plays. If you can find out how many "plays" they have and also be aware there are several secretive licences (I think 9 which they were negotiating on)

midst all that you should find that presently they have

@ 100% Equity in all their licences (so scope to farm in) They own their

@ Full ownership of their own purchased Drilling rig, so no delays waiting for available rig slots

@ They also have their own Lab for detailed analysis on site

Js15 I leave you or one of the derampers to spend their own time compiling that list as I'm in the middle of putting together a resume of key factual information for anyone that happens to look in and wants to get up to speed quick.

Something just to let you pigeon hole the negative commentators which have abounded on here since Helium 1 announced it had reached Target Depth on the 25th January, nearly a month ago. Many similar before then also.

1. Doesn't hold any shares. (Comments like I think I'll wait, or I think I'll pass for now the obvious giveaways).

2. Wants a cheaper re-entry price. (Mild FUD spreader with Comments like The latest video doesn't add anything anything. Traded buys somehow become sells. Placing due? or easily spotted amongst swing traders who change their posting mood in line with the size of their holding.

3. Has an open short position (but is too scared to declare it). Disappears swiftly when it starts to rise.

4, Paid to Post (Normally part of a boiler room tag team of similar individuals. Basic wage + commission paid per post made and per reply. Double bonus if they create a negative thread and somebody replies on it.

5. Disruptor. Generally targets an individual poster with good knowledge to try and antagonise and intimidate them. Generally also reverts to name calling and expletives.

6. Just a Troll. Common signs: No shares, No intention of buying any, and No life.

7. Saddest troll of them all. All day negativity and generally the winner of the top prize for the day goes to...

You can all probably add a few more character traits or categories.

Just be aware of them and rather than reply to them, maybe just skip over or filter or see what category you can fit them into.

Many btw appear as "Newbie" registered posters or have very little posting hostory.

To be fair their posts are probably the source of much amusement in Tanzania if you are are at HE1 base camp with a satellite phone, laptop and wifi connection and can access the bulletin board. Especially if you are sat on samples and analysis and know what's there.

It takes all sorts to make a market.