Member Info for onsolidground

I think you'll find I don't ihnc

Here's what happened at REVB. You can believe it or not I'm really not bothered.

https://www.lse.co.uk/rns/BOO/statement-regarding-revolution-beauty-group-plc-bhq15sciic4qhjp.html

Interesting also don't you think that John Goold and Mark Kirkland from Kelso have now joined the Board @ the Works as NED's in relation to "shareholder value"

If I got a pound for every time Blinky told me to ignore Kelso then I'd be rich.

Its 10% needed individually for a seat on their Board. So that is what he needs (But that won't stop Kelso plotting what they are doing)

And at this share price where it is post turning down Apollo he is scared what John Goold will do. FFS research what BOO did @REVB (where Goold was an NED at the time (still is).

Read between the lines that there may have been another Letter to Board that we don't know about. It took 6 weeks to find out about the last one.

Kelso only needs 5% to pop some Director change resolutions on a fast closing in AGM. Either that or ask for a shareholder vote.

It all adds to the spice and they are shareholders best option for forcing and attaining value in the shorter term.

Imvho.

Just looked at the Noble presentation and they are not hanging about.

~Noble has only explored the Top 3rd of the North Rukwa Basin (Guess who went much deeper and flowed up to 4.7%

~Helium from the basement)

~Found multiple reservoir zones at or close to fully saturated (We have 3 more than them – (Karoo, Red Sandstone and Basement)

~They have 10 more leads (Interesting to know how many we have across our 11 licences)

Mbele Helium concentrations are significant on a World scale

~They are going to redrill back into that free flowing 15 metre gas cap and with a pilot well to prove up commercial flow rates from first 350M of Mbelele 2. Low cost reiterated.

~Discussions advanced with offtakers to manage logistics and find downstream faclities.

~World class helium assets

~ A working helium system @ Rukwa (Same as what we are saying).

You can watch it for free via Zoom if you wish to subscribe and stay up. Probably about 2a.m given when it starts but check the time conversion yourself.

https://us02web.zoom.us/webinar/register/WN_pq5RUpCXQ6OzoCDBK0-7kg#/registration

Click on the grey box and it gives you the running schedule and Noble are listed for 10a.m.

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

Looks like Australia is 11 hours in front of us so Noble should be up and running just about now.

Youtube seem to be live streaming several of the inputs and popping most of them online.

The more it educates on what they and we have found in the Rukwa rift basin in Tanzania the merrier.

Https://twitter.com/Noble_Helium/status/1755466006460600624?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

The satellite imagery that you pop up from time to time off Sentinel skittish is useful albeit its several days behind in its own right and as you rightly point out you need clear days (and a further microscope to really interpret things).

So we remain dependent on HE1 and Noble for updates and HE1 will, at this juncture in time what with monies raised, not be resting on their laurels and the next stage plan has been about a week in the making, albeit probably devised prior to that so happy to wait.

The one thing that fascinated me off the Noble results was the 15M shallow gas cap that was free flowing Helium straight to surface. I would dearly love to know if we have encountered similar as that is clearly the easiest route to monetising the asset.

I certainly won't be letting any of my shares go and knowing all the other licences they have (including the 9 secret ones they had applied for) the journey is only just commencing.

The size of the prize here is astonishing

Noble let you know off their 2 shallow wells what the Lake beds formations hold. We also drilled through them.

Then we have up to 4.7% Helium and 2.2% Hydrogen from the Basement and about 4 other levels in between, several of which showing elevated helium levels.

Now don't forget that Helium1 have their own detailed Lab on site for analysis and guarded though LB may have been thus far her smile seems to betray her.

https://www.helium-one.com/helium-one-global-achieves-milestone-as-itumbula-west-1-well-yields-up-to-4-7-helium-concentrations/

Unfortunately the overshoot in US CPI is having a knock down effect on markets. FTSE 250 is taking a real caning.

A bit of volatility ahead but then hopefully a rebuild in share prices.

4% against 3.3% last time. That's what caused the blip

Probably US CPI. Were those numbers not due today.

There was me thinking MM had an algo selling against everything he says...

I'm glad you introduced this topic 5085

It reminds me of the Klondyke gold rush where the early pioneers found sizeable quantities of gold and then every man and his dog upped sticks to Yukon, staked out their own piece of land and then started to prospect it with the rest being history.

So how much are all the Helium 1 licences now be worth compared to their worth pre Noble finds and our own success at Itumbula. (Skittish can I just say that this land grab theory also perhaps explains why Helium 1 were secretively pursuing those other 9 licences in Tanzania)

Interesting quote from the article

"Competition in this space is heating up but the takeaway is brilliant news for junior E&P companies who have made the shift from oil and gas to helium: Major players are swooping in for deals with pre-production junior explorers …

By August, Renergen Ltd (JSE: REN) (ASX: RLT) had already inked numerous offtake deals for its pre-production helium with global gas giants and multinationals Linde, Messer, Siemens and Helium24.

The minute a junior helium company proves up a discovery, it can almost guarantee pre-sales contracts in this environment of shortage."

No surprise therefore that Noble incidentally only a few days back with their detailed results from Mbelele also advised that they were already in offtake agreement negotiations

"Discussions underway with key offtakers"

With up to 4.7% Helium and the Hydrogen I expect we will already have had no shortage of approaches.

So sit back, chill and wait for further developments to be RNS'd.

Like I just pointed out. Add the depths of the Helium reservoirs that Noble have at Mbelele 1 and 2 and this is the height of what you get. We incidentally went through those same Lake Beds formations and have reported in the target depth RNS elevated Helium shows. It would be nice to replicate when our detailed analysis comes out.

https://en.wikipedia.org/wiki/Rock_of_Gibraltar#:~:text=The%20Rock's%20highest%20point%20stands,387%20m%20(1%2C270%20ft).

And just so you can visualise size wise the two reservoirs that Noble have in only the top 3 layers only at MBelele 1 and Mbele2 of 148M + 271M respectively, if you were to add the both of them together then it is just under the height of the Rock of Gibralter at 426 Metres. That's just the height.

@He1 we have drilled into the Basement @ 961Metres target depth. That's over twice the height of the same said landmark.

Is really all you need to know

Nine thousand times above background levels for Helium

Thirty-seven thousand times above background levels for Hydrogen

For context - helium grades across projects in the US average ~0.35% and the ones that are producing helium right now in Qatar and Algeria average between 0.05% and 0.19%.

Ok, well also add in that Noble, nearby, have also got a free flowing shallow gas cap that could be readily monetised and two cracking reservoirs at Mbelele1 and Mbelele of 148M and 271M with high porosity and permeability.

And we have elevated Helium shows in several other layers right down into the basement level.

Absolute no brainer imvho

Ladies and gents I said this the other day.

Save wasting your time engaging with the trolls. They don't hold any shares, most are either paid to post (and get paid per reply also) or are simply day traders of the worst variety trying to deramp to secure a lower re-entry point.

Far better to simply just Ignore, Filter and skip over their posts. You might think you are big and smart responding to them and deserve a round of applause. But you are neither and undeserving of any round of applause.

Eventually you will get it. The sharp ones get it a lot quicker than the others.

Stick to the data and facts you know and the same individuals will either be holding or not when next positive news comes along.

Decent start followed by a decent finish and a day when several of those that have been trodden on of late or overlooked actually made up some ground.

More of the same please.