Member Info for Peakybrum

Risk. yes

but greater pressure and bigger reserve ????

Hi all

just asking a few questions if i may appreciate if anyone can help with

original drill when helium showed 4.7 and flowed without assistance how long did this flow for

also pressure it came out of the ground was no artificial lift i believe this was deemed acceptable to be commercial

so if both these don't change at all but a large reserve can be found are we then commercial and we flow for a longer period ie 4 weeks

I responded earleir to your confirmation of 200 m drill completed and rns on thursday please confirm how you came to this for both kammy and my peace of mind

How would craig know these details ? and timeline for rns

and if drilled 200 m that's the risk factors put to bed on drill just results to look forward to now

Hi all

anyone know what depth of first drill was with the 4.7 % helium find and then we got the added 100-150 m to go on to reach target depth

sorry for being lazy

Newbof

i think they are looking to go into production as soon as mining licence has been approved and small portable production modular unit on site that can be added to to allow for ramp up production

staffaccomodation and storage facility ets

Thanks naughty very informative and put my mind at rest

i'm used to oil exploration drills at 15000 metres drills

this we're talking already drilled and a small extension of 150 metres target depth

so all good and team being used.are same team as before with full experience so should limit human error

water you covered thank you

all steam ahead then

Without casting a shadow on test

what is possible that could cause a problem or go wrong

drilling further 150 m could drill bit snap

are we drilling through rock ? hit water

don't think any problems occurred in original drill so can't envisage any now and of course main negative is there's not enough resource commercial

as don't think pressure will be an issue

any thoughts to give a balanced view

obviously i want a positive outcome as holding large

Another ver y quiet one here indeed

never know it like this over the years waiting for funding news but to be honest pulled out of this share for few weeks and then get back in with news to come

Toffers you raise a point and to some a concern

but as mentioned a few weeks ago you were a investor yourself so i take it this was to trade before the ewt. was completed with then the threat of corporate theft as you detail will happen

have you any examples where the tanzanian government have carried this out and wouldn't it send a signal out to all would be western companies to stay away when they are actually promoting investment like helium 1 to partner with

So just understanding. where helium 1 are presently

the EWT is to establish 3 points

size of reservoir or reserve

flowrate to surface

purity of helium and any mixture or contamination

so we already had 4.7 helium show and 2 hydrogen

showing and possiblly higher rate allowing for samples with air contamination and no carbons mix

so this a plus. 0.3 acceptable to be commercial

flowrate to surface already shows achievable with no artificial lift and if we go 100-150 metres deeper would ideally produce greater pressure but can use lift if required another plus

finally most important question size of reserve /resevoir as yet unknown

as an investor here these a all add up to me personally an acceptable risk to gain factor

and happy to hold

good luck to all here

Nice level finish for weekend

if there's a feeling of fomo. now imagine the weekend before EWT results coming out

Totally agree strop

the company will inform the market of relevant stages of the process

spud. start off drill or re entering exsisting drill and removal of cap

target depth reached so no technical issues

wirelog sent down hole

start of ewt also any shows present water etc i believe

so over 4-6 weeks we could receive half a dozen on progress achieved and all going to plan

Is it deemed a spud if we don't break ground but re re enter the same hole ???

Has it not been recorded they had a flowrate wasn't great but not bad either considering no lift needed and was deemed commercial

when they also. stated 4.7 %. helium content and 2 % hydrogen

Sorry my mistake

we're re entering previous drill so remove concrete seal and re enter and extend drill

Drill goes in the ground and starts turning

Guilty

just topped up another 7 mill nearly in small buys 1 mill at a time

totally confident in run up to results

rns. spud

rns. extended drill completed

rns. results provided

As posted tested by a member

£50m is when we've priced up quality and size of reserve

are no1 helium status as eluded to by lorna

and going i to production

by then a reserve worth billions

avenues to find that £50 m. endless

without dilution

as explained we don't want to be a logistics company

it will jv and we will leave to others and concentrate on other zones

Sorry wrong board !!!!!!