Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"But Iain’s THG journey doesn’t end here. I'm so grateful for the huge impact Iain has on THG. And so, thankfully, he’s agreed to dedicate more time than ever to us by becoming an advisor, working closely with our 3 businesses to deliver their strategies 💪 "
Absolutely Incredible !!
Thanks for posting Yorek.
Thanks for posting also.
Jeffries are clearly putting across Management's preference for partnership as opposed to seperate listing at this time. So whay all the spending on seperation and Results comments alluding to it.
Just correct me also if I'm wrong here but have we not discussed something similar to this in the past and for this partnership don't Management create and issue a whole load of new shares to whoever takes a stake and the money goes to the company, rather than them purchasing shares in the open market. Wasn't there chatter about the ability to do this on a previous AGM resolution?
It might be the current preferred route for Management or publicly stated preference but after what happened to Softbank and having watched the value destruction of the share, who would be tempted.
Nobody has thus far been tempted by that route in any of the last 2 years and it's probably why we are where we are.
No mention of Ingenuity unless I missed it?? Maybe no ripe yet for a partnership perhaps?
Number of posts has been consistently dropping over the last few days as has been the volume so it shouldn't be too long before we are left with those happy with what they have, solidly holding and taking the opportunity with any dips.
Then don't be surprised if it moves back up on very little volume, or on the smallest of catalysts, or up pops news when you least expect it.
Best just to switch off and not engage with the trolls.
That's what I intend to do, so have a good evening.
Still sat on 4.7% Helium free flowing to surface (unstimulated) and 2.2% Gold hydrogen on top and several layers of geology all with heightened Helium levels, all the way down to basement. In fact the same that was there at 3.2p, 2.5p, 2p, 1.5p and where we are now, and back to Half price sale levels.
So you take advantage of the blessings that the market presents you with, and in a disciplined manner. Feel free to hand over as many shares as you wish or,
Perhaps watch the interview and Digest what both Noble Helium and Helium1 have, and on what is described in the interview as a "Prolific Helium Producing System Unlike Any Other In The World"
https://www.youtube.com/watch?v=wM7Z31qbEqA&feature=youtu.be
Here's in part how the above comments from Noble Helium's CEO have been arrived at.
https://nextinvestors.com/quick-takes/nhe-lab-results-increase-net-pay-by-over-two-three-times/
and the latest update on the Gas Cap x 6
https://nextinvestors.com/articles/nhes-probable-free-gas-cap-6x-bigger-than-expected-this-upcoming-drill-will-find-out/
Then here is Helium1's contribution.
https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-has-successfully-reached-td-vmkkvswza9v67ua.html
and 4.7% Helium and 2.2% Hydrogen Free Flowing to the Surface
https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-flows-helium47-to-surface-h3ozbl2v33bohu1.html
I was thinking the same. Wierd today.
The question is will OVMK lend out their near 2% at some point between results and AGM?
Massive refinancing completed that looks like its putting them on a firm footing moving forwards.
Given MM's penchant for Aston martin I wonder if he might be investing over there as well as Kelso?
Prolific Helium Producing Basin Unlike Any Other In The World
He1 have got 4.7% Helium and 2.2% Hydrogen flowing UNSTIMULATED to surface.
Its like a game of chess, Kelso being the chessboard.
Nice to watch this unfold fully.
In the background it's the City and major shareholders that will decide the fate of some I suspect through the share price movement.
This confirms my theorising that the next set of numbers are absolutely critical for THG as OVMK are pinning their colours to the mast by backing Kelso with a shareholding.
They are clearly not happy with the present situation - AND LACK OF DIRECT ACTION TO UP THE SHARE PRICE.
This is going to be a cracker of an AGM for what's coming.
I did flag the Volume increase and the Usual doubters will realise things when it hits them in the moosh like a wet kipper.
Kelso imvho will be looking to replace Board members or force through changes.
Volume backed rise today irrespective of the UT.
dyor.
It just goes to show Ddj that if you ignore them and starve them of the airtime that they crave with replies then they throw in the towel and give up speaking (in all probability to themselves). They need an audience that responds to them.
Same needs to happen on here imvho
Prolific Helium Producing System Unlike Any Others In The World
Watch this video and digest the information for yourselves. Both Noble Helium and Helium 1 are drilling on the same Rukwa Basin and presently some 70km apart. Both have multiple plays in multiple licence areas. For full picture visit their respective websites.
https://www.youtube.com/watch?v=wM7Z31qbEqA&feature=youtu.be
Here's in part how the above comments from Noble Helium's CEO have been arrived at.
https://nextinvestors.com/quick-takes/nhe-lab-results-increase-net-pay-by-over-two-three-times/
and the latest update on the Gas Cap x 6
https://nextinvestors.com/articles/nhes-probable-free-gas-cap-6x-bigger-than-expected-this-upcoming-drill-will-find-out/
Then here is Helium1's contribution.
https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-has-successfully-reached-td-vmkkvswza9v67ua.html
and 4.7% Helium and 2.2% Hydrogen Free Flowing to the Surface
https://www.lse.co.uk/rns/HE1/itumbula-west-1-well-flows-helium47-to-surface-h3ozbl2v33bohu1.html
Plenty other information around to let you supplement this if you dyor.
Just in response.
The figure quoted by Lorna Blaisse, she herself stated was conservative.
Secondly this is a free-flowing rate from the Basement.
Not one bit of stimulation has been involved any point.
The one thing people are overlooking at Itumbula and that I'm equally as interested in is this
"The well has been successfully drilled to 961m MD and has reached its TD in granitic Basement. The well encountered elevated helium shows, over twenty times above background, whilst drilling through the Lake Beds Formation, Red Sandstone Group, Karoo and Basement targets. Elevated readings and an increased frequency of helium shows were encountered whilst drilling through the faulted zone."
We only know about the 4.7% Helium from the Basement. There are 3 other layers here with reported elevated Helium shows.
Noble Helium btw only drilled the shallowest Lake Beds formation and got two large reservoirs of Helium, the combined depth of which is the height of the Rock of Gibralter.
"Net Reservoir thickness increased across both wells
NHE confirmed that net reservoir thickness increased by 3x for Mbelele-1 and 2x for Mbelele-2.
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."
It might also let you see how these initially conservative figures can improve. Incidentally the additional free flowing 20M Gas Cap that Noble Helium have - just multiplied itself x 6.
This isn't being called a "Unique and Prolific Helium Producing System Unlike Any Other In the World" without very good reason.
Darientaylor you'll probably find that they all come back to the one IP address.
Just another R. Sole.
RJ I know exactly what the downstream entails but thanks for that. The point I was making is that its inconceivable with flowing helium @4.7% in helium Shortage 4.0 that you won't have been approached by one of the several large players to try and get HE1's exclusivity in advance. That is the specific point. I fully agree with Skippy that the next level of those discussions happen with numbers.
I think perhaps people are getting suspicious of your motives in posting as you have when you supposedly don't hold any shares. Particularly given it was you who started the thread.
*They also only have 2.48% Helium, whereas we have provided a conservative (and zero stimulation) number and have 4.7% Pure Helium*
RogerJolly
I'm not fully believing of what has been said here.
""Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners"
I'll tell you why. Noble Helium have already got Offtakers onboarded and happy to fund the downstream and, although they have results, they haven't as yet got any Helium flow rates that they have disclosed and hence they are after a Rig for an appraissal well.
They also only have 2.48% Helium, whereas we have provided a conservative (and zero stimulation) number.
Such is the Helium Shortage 4.0 that if yu mention you have Helium the offtakers want it.
It therefore seems wholly inconceivable that Noble have offtakers and we don't.
Anyway a more stable day today and on what I saw it looked like somebody was happily hoovering up everything at 1.45p or less.
It should never have fallen in the first place as the size of the prize never changed.
Little volume today. Just manipulation especially into the close.
Interesting train of thought Discodog given that the likes of Betaville makes a living out of breaking such news and stories and as do most newspapers and journalists. None of which ever get reported to the FCA for Insider Dealing.
Surely it would only be classed as insider dealing if it was not in the public domain and you profited from it.
The minute it hits the public domain in any format then surely it is no longer "inside information" and hence why companies then put out statements confirming or denying it.
It's your choice though.
Couple of drills for Noble Helium and and that Rig purchase will be repaid sooner than you think LOTM-13.
Cash or even a percent of a free flowing Gas cap 9km North to South and 3km east to West @ 20M. would do
Off Noble
"“The next step is an upcoming appraisal well...
(using a much lower drill cost rig)"