Member Info for onsolidground

It looks like the Lake Beds, the Karoo, Red sandstone and the Basement levels are where its at.

Nobles detailed analysis is just reference the shallow drills at Mbelele 1 + 2 and they only drilled the Lake Beds (Upper, Middle and lower) and got the following results.

# Net reservoir thickness for the two wells now sit at 148m (Mbelele-1) and 271m (Mbelele-2).

# NHE also confirmed high porosity and permeability across the two reservoirs.

We went way below all the way down to 961 metres target depth and you can draw your own conclusions from both RNS's - The 4.7% Helium and 2.2% Hydrogen from Basement and the the first one on reaching target depth whishc said this

" · Itumbula West-1 well successfully reached a total depth ("TD") of 961m measured depth ("MD") in Basement on 24th January 2024

· Elevated helium shows, over twenty times above background, have been consistently measured whilst drilling in the Lake Beds Formation, Red Sandstone Group, Karoo Group and Basement targets

· Helium shows increased in frequency and concentration across the encountered fault zones

· The well has also encountered elevated hydrogen shows, over two thousand times above background, in the Lake Beds Formation and sufficiently elevated in the Karoo Group and Basement"

So unless I'm mistaken we have positive shows on 3 more levels than Noble.

dyor

Its a debatable point but having gone right to the Basement and found 4.7% Helium and 2.2% Hydrogen and whilst also having gone through all of the Lake Beds layers that Noble only went through in their two shallow drills I'd actually say that Helium 1 is probably now ahead.

Being close neighbours and drilling through all the same we will benefit from their significant lab results but at this time they will not necessarily benefit from ours. They need to effectively drill through 4 more layers and then go deeper into the basement.

What we could do though in the interim is hire them out our Rig during its downtime to bring us in a nice interim revenue stream. Given our results they must be tempted to go deeper and down to basement also.

Dyor and compare the geology and who's done what in the various presentations and updates and where the Mbelele 1 and 2 wells and Nobles base camp are relative to Helium 1's Itumbula well and their base camp.

If you know these things then you're probably sitting as tight as a ducks @ rse on water and topping up when it dips.

GL whatever way you position yourself but don't moan if you miss out big time.

Just imvho

Thanks spk999. Skim watched it and I thought it was a decent presentation, professional and well attended

Blinky the day I need to take advice of your good self will be a sad day.

Kelso I still maintain the key to extracting full value here.

Still happy though to sit back and wait for that capital event

I've just lightened up a bit Blinky.

That's what I was advised to do.

Why not done that 2 years ago when we were promising "whales"?

What you mean as the CEO is meant to be doing?

So we actually were cutting 60 sales and marketing staff at THG Ingenuity (the people that would drive the business) and have replaced them with a new Chairman.

Interesting that he was appointed prior to the redundancy consultation but its only been announced now.

https://www.cosmeticsbusiness.com/thg-rumoured-to-be-cutting-160-jobs

Ihavenoclue

Can you lighten up a bit.

That's what someone said to me to do the other day and that is exactly what I did.

It's Lord Allens nomination that's fuelled the surge.

I did say it last night.

Welcome reprieve.

Cpi numbers Wedmesday.

Maybe moving ahead of them.

Am I right that it kicks off with Natwest at the end of the week.

Chancellor Jeremy Hunt in overwatch to get SIDs investing again.

Its an amazing trading share.

Just load up every time it hits 14p

If you sit down and look at the presentations for both Noble Helium and Helium 1, both sets of results and the fact they have both been drilling through the same layers of strata and combine the shallow well results of Noble with the deeper well results of HE1 then you know Helium 1 are sat on a winner when the Big reveal comes.

We drilled through all of the Noble levels to get to the basement and 4.7% Helium and 2.2% Hydrogen.

So what is there's will undoubtedly be ours, but not the vice versa until they drill deep.

2.7p from me but poised for the next leg up.

Skittish I personally think that you are getting sidetracked by your own view on the Eyasi licences and the secretive nature in which they were applied for when I personally think this was no more than HE1 keeping our interests and intentions under wraps until we have licences in the bag (commercial sensitivity)

Nobles data on Mbelele 1 and 2 off shallow wells and our own results at Itumbula all the way down deep into the basement push the focus back firmly to this neck of the woods and after our 4.7% Helium percentage from the basement I personally think Noble may well decide to go deeper on either Mbelele 1 and 2 and drill into the Basement themselves and perhaps come to ourselves for use of our rig.

There is lots going on and there are now so many permutations for what might happen and all firmly better positioned given the positivity and size of the prizes for both companies.

Personally I don't think we will have too long to wait for next news.

Https://www.proactiveinvestors.co.uk/companies/news/1040405/helium-one-global-unveils-game-changing-helium-discovery-in-tanzania-icymi-1040405.html

Licker, So was the unsigned Jan 2nd RNS that was outside the promised 6 months and therefore late, and did not do what was stated at the time.

The publicity alone should bring in some heavy fund buying.

Can you add me as a 2.7p prediction and poised for next move up