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The interest in this share is absolutely phenomenal. Two days before Christmas and the board is still busy. LW sounds like a fella full of regrets. Go and have a few drinks mate, it will make you forget about them temporarily. Then come Wednesday, when the sp rises, you can be full of regrets again. Imho :-)
Great post Urai5.
"1) Drilling is not yet confirmed. They released a howler re the Rig in January 2023, and will it be dejavu in January 2024."
What do you think they did the placing for? strippers and drugs? They have the funds, consider all systems go. At the worst there might be a few weeks delay due to weather or some other unforeseen circumstances but as things stand, this is all good.
"Yeah looks that way, the drill is funded and it's worth a punt for me"
Completely agree Bebeto. There is a good chance of them striking recoverable helium. I think the drilling will take around 30 days, will we be getting weekly updates during the process, I hope so.
3p will do me nicely. That’s over 10 bags.
Jokes aside, it all depends on how much helium they find. If they find a billion pounds worth, your 3p becomes very silly.
Imho DYOR
Hi Bebeto, hope you are well. Agree. This the best punt on LSE at the moment. Either a few bags or bust. I like the odds.
Good luck mate.
Bebeto, glad to have you onboard. My confidence has grown astronomically now that you are here. All we need now is legalwolf to buy in and we will get £3.00 a share without finding any helium. :-)
GLA
Mannnan, If large quantities of helium is found, this is no longer a small company play, the large companies will move in with a JV.
Looks to me mm’s are filling large orders again. Let’s see what gets printed after hours. We should be getting some TR1’s soon.
Imho
You can also blow up party balloons with it lol. :-)
Hi Trek, thank you for your reply. Again I completely agree. I have kept powder dry just incase it drops. Shares like this are sentiment driven, they nearly always rise on any little good news, regardless if the investors understand the news or not lol.
ATB
Trek are you invested in he1? Have you just bought in?
Your philosophy is very close to mine.
ATB
"Itumbula prospect: revised well location and drilling programme
Following the positive drilling results from the Tai-3 well, and the increase in concentration of helium encountered in the fault and fractures close to Basement, the Company has subsequently reviewed the geology of the Itumbula prospect. It is bounded by a large, deep seated western fault which extends into the Basement source rock. It is this fault that is interpreted to be associated with the active surface helium seep 3km away.
With the results from Tai-1/-1A and Tai-3 suggesting that it is the migration of fluids that play a crucial role in liberating the helium out of the Basement source and along fractures and faults, the Company has now elected to target the western bounding fault at Itumbula as a primary target. Therefore, the Itumbula well has been designed to directly target this new fault play where the Company anticipates helium concentrations to be significantly elevated.
The Company now expects to spud the Itumbula well in early January 2024; we anticipate the drilling programme to be completed within 30 days."
The company seems to be confident towards the next drill. If they strike a huge amount of Helium, happy days.
1-Dec-23 16:38:11 0.247 65,000,000 Buy* 0.23 0.235 160.55k
A huge buy Teaye72 indeed, I hope it wasn't legalwolf.
Hi neil, hope you are well mate. Leave legalwolf alone, he has worked very hard getting me cheap shares today. I expect him to do the same tomorrow. Thank you legal wolf.
D-Geeman, I see your point. I bought this in 2021, I think I paid around 6p and sold around 24p. my posts should be in the bb from around then. I've just recently bought this again, hoping to do at least 4 bags. Helium is very rare, where these idiots are drilling there is helium there, it's a different matter if these incompetent lot find it or not. My take is there will be a significant rise before and during the drill and an even bigger rise if they find helium or this will come crashing down.
I think this is a good punt.
ATB
That will be legalwolf's order getting filled. ;-)
D-Geeman, there is going to be some drilling happening in a couple of weeks. How will anyone buying now get stuck?
Excellent, I just bought another 2k worth at .2348
Great post Cocobeans.