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I agree loopy

6000 barrels with artificial lift

keeping in mind helium is 5.7%. and not usual average of 0.3%.

also pure with no carbons what does this monetise at

and then possible 20-30 wells

no size of reserve given yet

Triplestar

that was my thought last week and i posted it

with the flow and figures put out in rns

was advised. lower basement is relevant to feeding the kuroo fracture and being main source of reserve

i'm no way expert in any of this geology and so sometimes feel silly for asking daft questions but that's life don't ask you don't know and really appreciative of more knowledgable answering and being patient and not condescending

i'm hoping that the figures from basement will add to barralage of kuroo. and increase pressure and helium content

and more important reserve size

hopefully tomoro rns my nerves and marriage can't take much more

So sorry for my stupidly but per barrel reported 760+

of fluids i take it

5%. helium show

equates to how many cf. of helium 5000??

mcf. being. a 1.000.000 cubic feet.

bcf. a billion at. approx 500 - 700k.

Blimey my filter box is getting full

Totally agree broomtree

but the results should prove commerciality at this stage

even if more testing is needed before production

it as has been said talks have already been tentatively carried out with industry.

even if a further raise is done it should be off a price of 6-8p on my opinion

but like many on here i don't think it will go down that road

helium 1 are explorers not producers

no experience or logistics in place or manpower

Sorry to also add

that's just the karoo play and not adding into it what's coming from the lower basement or opening of the choke for maximum flow

Hi sm69

thanks for great post

just an observation i was under impression 1 mcf of helium is nearer $700 not $300.

but i'm happy to stand corrected

Thanks big ginger for a insightful post not a ramp

there been lots of talk about fluids or water but lorna has confirmed this is quite normal re separation

also there was also talk of such a large portion of flow being fluid from the 700 barrels a day produced that mixed gases left of which was 1% and helium was 7.6 % of this would not be commercially viable

does your A1 program take all this into account

only a question. not a deramp please

Sold. 44.million

bought. 108. million

shows lots interest some might be day trading and some investors holding out for news

but defo

positive

Last post from me till rns

nice the board is a little quieter today

it was mentioned when lorna rns us this week of

buy in to blue usa company there was something else going on behind scenes this i believe too

how much more attractive to a jv partner or a total buyout company that we are an international. helium company also re permits and licences we have approved to transfer over time will tell

if basement prices not great i can't see how the blue deal can push company forward and cash flow in the short term

One way or another nice tavern the noise on here disappear this week with results. for

lower basement coming

lorna's wanting to finalise permits and application before 17 th which is only two weeks away

very exciting time indeed for all

any ideas if lorna is in tanzania now or in uk

Lots of science posted recently and to be honest over my head no matter how much company info i read

buying into aim is always a massive risk i agree and doing research imperative but part of the investment for me anyway is gut instinct as it's been said it is a gamble but gains as well as losses can be large

so sometimes one must read between th lines

to have georock and slb on board shows credibility to me and professionlism world renowned companies experienced in what we're looking to achieve

i also take it that the decision to begin application for mining licence and all studies needed nearly 6 months ago wasn't a decision taken lightly

and in the proactive interview this week lorna is confirming completion of application being submitted before the 17th september

just two weeks away

I can't imagine that all this hype was engineered by lorna and the team

and if not commercial all the studies and reports and costs and mining application would be a waste of time and defunct

i do not believe it at all. and since investing here all they have promised has materialised

away from from the 2 dilutions but agreed one was to fund the ewt and other an acquisition

her promise of extended drill to further 168 metres on time and no drill issues came true

first ewt a success true

so just 2 nd and then there

also talking to big boys about possible jv

with share incentive options it's totally in their interests to get this over the line

i've never experienced such a ramp and deramp board in all my years of investing

and fear any newbies to investing. it would make their heads spin

Just a question to all

of basement fracture turns out not great. is it possible the kurroo zone already tested and confirmed this week as successful is this enough to make the well on its own commercially viable

it has a 7.6%. helium show and flowed to surface without lift. just the reserve size not know any ideas anyone

An after hours rns would be amazing

party party over the week end then

I think by end play today 4.30 it's do or die

with as lorna said 5 days flowtesting. lowe basement this week from

monday so all done tonight

bring on monday real time figures on helium content and flow

reserve may take a little longer through analysis

defo going to have a beer or two tonight

Anybody

how much must it produce a day to be commercial

and are both zones combined in this figure

and how big a reserve must it be 1 bcc or more

Re. rns yesterday

did anyone manage to establish amount needed to flow to deem it commercial

also allowing for basement fracture to be added to figure and as lorna mentions chuck to be opened to

maximum flow

they have helium at 5.6 over 5 days

flowing without artificial lift

flowrate.

size of reserve ? needed now

ymonday they will know all these

real time on site figures

900 +. posts today

most full of anger , or deramping from people never been on board before good rns and not so good

but no level of balanced perspective given

yes a share dive and no one likes but not many constructive points raised

dilution and raise and even investment is yet to be seen if a good investment but i would say. the other rns stating good result from 1st zone can't be overlooked

if lower basement proves successful and added to zone today with pressure and reserve game is still on and a jv if available

if bod are pushing on with mining licence too then a partner/ suitor would not care about the american deal done today it's tanzania they care about

i think the next week with testing completed friday in basement will show how we go forward

if lorna can pull something out the bag then she's toast of the town again fingers crossed

good luck to all on here

Blimey 500 posts already

my pennies worth

end of rns lorna states after 2 nd test in lower basement is completed she will push on reserve anouncement and completion of surface testing and application

so i take that she's still confident t of commerciality