The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Joe, good point. They said the 0.5 was a minimum. I'd think they're currently playing ultra safe so I wouldnt be surprised to see the actual significantly above this. £12m+++ per well. That's alot of earnings and not too far into the future either. Tanzanian government has factored Helium income into its GDP from 2025.
The £4.7m, forward bought remember, will see HE1 through the development stage and up to JV, with firm plan for phase 1 revenue commencing during 2025, consistent with Tanzania's GDP planning. There'll then be subsequent phases of more revenue coming on line as wells are operationalised. Definitely top up time at these levels. AIMHO.
£12m+ per well per annum. That's gonna be alot of revenue. Failed roughneckers and derampers will be out there buying companies that'll never make money. Just ignore them. We're transition from exploration into production. We're going to be rich.
Sat on Helium Province and transitioning beyond exploration.
Price range narrowing. No big selling and no bug buying. Lots of investors accumulated now I'd guess. Narrow range often prefaces sharp move, one way or the other, on news of course. A good RNS, which is what I expect, and we'll move up very sharply. Remember Tanzania has factored Helium production into its gdp for 2025, so HE1 will not be hanging around. We're not sat on Helium City, we're sat on Helium Province. We're going to be rich (if you ain't so already).
Excellent series of posts RJ.
ISA time just around corner. Add some more HE1. No tax on CG or divi. Also, the £4.7m raise, wonder if the plan is this will see them through to revenue.
Into March and soon be April and ISA time. Hoping for stellar rns as soon as possible, but if we have to wait, to allow time for full completion of data evaluation, then that's fine too. Isa time coming around. GLA.
Nice one Joe! I'm signing off for now. Good bantering with you. GL.
Roughneckers aren't geologists or thermofluids professionals. They're wrench jockies. No offence intended, and apols if any taken. I'll take my chance with an HE1 rns any day.
Understand Joe's a former roughnecker. Can just see him standing beneath a gusher, still claiming it's a duster because no one shouted Discovery!!! Hahaha!
Read the pulsar rns. It's on a par with HE1, possibly, but certainly no better.
Lots of back seat driving going on by ex roughneckers. I hope you're getting in touch with HE1 and giving them all your insight. I'm sure they're desperate for it. I can see next rns now: ex roughnecker been in touch and told us how to discover helium. Boom! Gusher!
The Trinity rns doesn't confirm commerciality. It identifies the need for further testing and the need for a plan on how to take further and exploit? The other rns was link not found?
Agree, as in a space suit, with the shorting jockies. Haha!
Posters who say sp is in a downward trend are, I'm afraid, talking rubbish. Take a look at the chart. The sp is in an upward trend, currently undergoing consolidation within a consolidation range. The sp will continue to do this until news, upon which it will break either upwards or downwards, depending upon the positivity or otherwise of that news. Personally, on a good rns, I think we'll see a break upwards on a w5 Elliott. However, this is just my opinion. We are certainly not, though, presently, trending down. GLA LTHs. Thumbs down trolls and derampers.
Https://www.harlsan.com.au/what-is-rc-drilling/#:~:text=RC%20drilling%20achieves%20higher%20production,savings%20on%20overall%20staff%20hours.
Haven't posted for some time but still hold a much dwindled pot. I'm still upbeat about the company but I was disappointed when it suddenly announced it was becoming pharma, rather than farmer. I've my fingers crossed for the pharma stuff but it hasn't excited like the 200 tonnes of cannabis they said they were going to grow in a big new facility with djt. With a pure micro pharma play now, I can't help thinking I bought in 10 years too soon. Hope I'm wrong, but good luck all us LTHs.
COS values seem very low for Tai. Not confidence instilling: 10 to 14%. If it was a horse you wouldn't back it.