Sgf ITV yes reasons to be optimistic. I think we are all slightly more sceptical than we were- which is probably a ‘healthy’ trait!!! If we still believe in the project then I feel we must accept that the preliminary drills (let’s call them early exploration) have had some success in finding information and learning …. Which can only help going forward. Some quick shallow drills and a ‘bit’ of gas should be enough to revive our fortunes and maybe even make us a bit of £££. GLA PJ
RE: Hannam and Partners Update, Dated Today 8th September 202108 Sep 2021 23:40
He1 stalwarts :-)) I read and re- read the update. Yes very encouraging and quite a bit of news in there as to the future plans… almost ‘RNS’ material perhaps. But - having been bitten on the arse (and the yorkie terrier still stuck there) I will have to wait and see if the assessment actually comes to anything. I really like the figures (obviously) but we all have to bear in mind the small print…. The review is commissioned by DM and team…. It actually says this is not an independent analysis.
So… I’m like sgf and a few of our other friends… in paper debt at mo…. Still 100% believe in the resource and potential…. I won’t sell (can’t !!) but hopeful that even a shallow drill hits a ‘pocket of free He’ at least then we can dream properly.
Nice to have the positive reports and showing the exploration results in the correct context. As a Scientist I would really like a ‘presentation’ showing all the ‘stuff’ for the 2 drills- with diagrams etc. That would help with the concept of ‘working helium system’… traps and seals etc. Anyway sticking here and watching for news soon….. for those in Blighty looks like the last day of summer today so batten down the hatches. Lots of time to ponder what’s happening in TZN over the coming weeks. Take care all and stay safe (I’ve been isolating…. 20 months of being ‘good’ …. 1 footy match CCFC v reading…. And bango!! At least we won!!!! And now my wife, daughter and me are recovering well)
Seems more upbeat last few days. Need to take a step back and believe in what I did 6+ months ago. I am disappointed with the management of the drills and lack of clarity in the BoD’s thought processes recently. However, unless this is a real con then the upside is still potentially massive (even for those of us who have a high average cost). So let’s have an investors meeting DM and co- summarise what has been really been ‘found’ in the drills- diagrams etc to help PI’s and get some enthusiasm generated for the coming campaign. Trying to stay pragmatic and optimistic. Have a great day all PJ
Aussie princess - I hope your thoughts are proven correct. Once the dust settles and DM and team have a plan - Let’s hope they give a thorough review and update on the plans. We are still very much in dark as to what happened with the drills- they keep saying tons of data etc so it would great to understand that and the results of the analysis. We’ve heard about proven helium system, working seals bla bla but in reality have had no proof of this. The previous decades of research indicate the He is there (somewhere) in abundance …. But how much closer are we to actually finding it?? I’m in and still hoping but I can more than understand the scepticism that is increasing GLA PJ
Yep- I think if there were a judge and jury with DM in the dock ‘defending’ his comments etc during the drill then yes -pooping pants is right. Also the speed and p*** poor output from Thai 2. There are a lot of us who have learnt a huge amount here. DM really sold the whole project so well. I understand the history of the area etc … I hope that He1 have the capability to achieve their targets but my trust in the company is now somewhat more guarded than it was in March -July. There needs to be a very detailed RNS explaining results and how they ‘confirm’ the working helium system plus exact plans for the coming months. Without that then I fear we’re in for a very long and difficult haul…… I so hope our earlier DD into the company, staff and also the project pays off and that the last few miserable weeks can be filed away…… 2’chances??? Or 4 candles…….. PJ
Is this the bdb v sgf biggest (pf) challenge ?? Just hope it all works out for you and all other He1’ers. Certainly a rocky ride at the mo….. patience is hard when I see the paper losses but with hindsight this was never likely to be a stroll in the park and giving us all a real taste of being a part of the exploration journeys Ups and Downs…. Will be here for a while yet :-)) PJ
Spec - I have a feeling we’re on the same boat here!! I have held tho- but so nearly thought ‘it’s only another 3 years salary’….. ouch. Keep the faith and hopefully the ‘genuine ‘ folks still here can have a party one day :-))) now sweet dreams everyHe1 PJ
Sgf you speak such words of wisdom and @spec I love your honesty on your actions today. My take (fwiw)- as a new investor I really believe in DM/He1. I’m in (too) deep but as a scientist I did my DD (helped my the many great ‘original’ folks on this bb) and am comfortable with the prospects. I haven’t panicked yet (currently 40+% paper loss) and today I did get twitchy. I have a realistic plan in response to the future news. That news (even if great) might not be received by the market as well as we hope (just look at the results of Tai-1… no duster but price collapsed). So as difficult as it is - sgf is dead on. I’m gonna check the price occasionally and enjoy the sky blue’s journey while we’re on a high. If/when we hit something amazing then I’ll make the decisions. Binary result -‘perhaps in the short term but long term there is sure to be interest in the potential resources that are without doubt within the 100% owned licenses. Last few days have been hard reading on here. Many new names throwing ‘alternative’ opinions in. As the experience folks say - listen but make your own plan- it is important. We could all make as few ££ here - that could be soon or next year and beyond. Good Hevening to my fellow He1’ers PJ
Agreed sgf. A lot of ‘noise’ around and many more Antagonistic posts. Trying not to get too involved at present and will ride the storm to some extent. I am expecting an RNS within a week or so although not anticipating major news more ‘shows’ with hopefully indications of %. And we’re on course to reach the planned target for thorough analysis/testing. I’m also hoping they are casing all the way to that target so testing etc isn’t the dogs dinner that Tai-1 was (all for understandable reasons). The ride is fun although a challenge to the ol’ ticker!! PJ
Sgf sounds like you have a ‘new plan’ which certainly makes sense. The get-rich-quick RNS didn’t happen…. I like the image of your laughing while brushing your teeth!! For some the hit was drastic…and I hope for those that they didn’t sell at a huge loss. SP is likely to trickle upwards over the next few days and I will also look to sell some of the ‘cheapies’ I picked up last week- BUT the bulk is still averaged 22p so will be squeaky hi-pitched-bum for a while . Just need a plan :-)))) PUSB Have a good and exciting week everyHe1 PJ
@sgf great methodology:-))) great the tone of this bb has returned to +ve. Lesson for me is to be more cautious in approach - hope for the fantastic but not expect it!!! Here’s to a great afternoon and couple of weeks ahead PJ
RE: Wow great interview fully funded20 Aug 2021 10:47
Agreed Oz. No promises or wild expectations but very reasoned objectives. Just need to find a ‘pocket’ of gas - Doesn’t even need to be a big pocket at this stage!! That would open the gates to perhaps plans for a deeper drill next time. Exciting stuff and a much better feeling going into this weekend than last!! PJ