Member Info for PompeyMagnus

Joe, you've got tin ears. Read more and type less.

We're sat on the mother of all resources just waiting to be got out of the ground. 4.7% purity without stimulation. Proceeding to appraisal stage, which no company would do without having first achieved success at exploration stage. We are all going to be very rich. Well, the buy and holders will be at any rate. Buy and buy the dips. Keep adding. Welcome the retracementss and raises becausethe law of nature is nothing ever grows in a straight line. Raises too are good, because they mean more growth and more buying opportunities.

joe. these are ****ant numbers.

If you are not already wealthy and wish to become so, buy and hold this share. Also, buy the dips, retracement or raise, no matter how small your purchase. Add into your S&S ISA, too, and be patient. Let time and HE1 do the rest. GLA.

Can't believe this price. Have topped up. Always buy the dips no matter how few, especially with the company we have, here, moving from exploration to appraisal and development. Rukwa is an amazing prospect. Stay with it if you can. We buy and holders are going to be rich!

I recall from previous Noble report they had signed a Drill Cooperation Agreement with us a couple of years or so back. Other posters may know if the Agreement is still live. We've got a world class helium producing system in Rukwa. Got that from Noble's rns

So what if it is. There are alot of majors out there with major fracture plays raking in alot of revenue. Check out Lancaster off Shetland. Only one example from a myriad. Alot of negativity about basement plays only because historically, back in the 70s and 80s, companies automatically stopped drilling when they got there. Dogma I suppose you'd call it. But now they're after them because they know they can be and often are virgin and massive. Probably not what the shorts want to hear.

Lorna was clear in the video that no company would progress to EWT stage on a hunch. This well has passed exploration stage and is now onto appraisal. She also mentioned that the 0.5 was a minimum and that no stimulation, eg vacuum had been used, however that stimulation remains an option at appraisal and even in production. Blue Star Helium recently rnsd about their well appraisal, saying they got 4%+ and UP TO 265mcsf/day, but that was only with vacuum stimulation and for a 72hr period, they have a reservoir pressure problem the experts don't seem to be able to crack, as yet. But you can get a feel for the kind of flow rates you could achieve with stimulation, which is something Lorna alluded to in the video. The 0.5 is ultra conservative in my view and could increase substantially at appraisal and stimulation stages. I think the market could be wising up to this. AIMHO. No ramping intended. Just quoting content from BS rns and video.

All good stuff IMHO, the rns and video. Only one thing I couldn't understand is why they didn't procure the long lead items sooner so they could continue in q2 eg following rainy season. I've no doubt there's a good reason. Great company, great helium and hydrogen asset.

We're not sat on Helium City, we're sat on Helium Province. All the literature, academic, professional, Tanz governmental says so. The only doubters are the bashers and derampers. If you want to be rich, buy the dips and have patience. You'll get there alot faster that the mug day traders. Remember too that all AIMs have raises. Whoever you buy you going to catch one or two at some stage. And companies have to do so to grow. With HE1 the placements are working for you, and the dip will be very short lived. Buy the dips, be patient, and we will all be very rich!

Could be the JV partner brings the implementation investment. Look at cmet. They're waiting for a Chinese company to stump up the lot up front. Its yet to happen, fair enough, but that's the current direction of travel.

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.