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Obviously there’s a lot more info to come out regarding Itumbula West-1 well, but moving forward I’d like to see info regarding the next drill.
Natural progression seeing as we own our own rig, we’re obviously sitting on substantial resources which will add massive value to the company!
HE1 were logging results as they were drilling, Lorna told us the results in the interview so why would the tests show anything different? it’s just belt and braces !
24hrs (last trading session) to D Day!
On 25/01/24, in interview. Lorna said that the results of the detailed logging and well testing would take 7-10 days which is anytime between 1st and 4th February, only 2 more trading days to go!
3p leading up to them and if it’s the results we all predict steep rise to 10p!
In late 2020 HE1 came to the market, and with a dream, on 30/07/21 the SP hit 27.7p!
So what’s changed since then? Well the SP has crashed, a lot is to do with de-rampers, I must congratulate them for their outstanding job! I mustn’t forget the placing, but all that aside, look at where we are today, we even have our own rig! I know Lorna has taken some criticism but that was all down to the de-rampers, now everyone is congratulating her and so we should!
Helium prices are rising and predicted to continue to rise, $68 billion market cap!
We’re onto our second well and we’ve struck gold, but let’s not forget TAI-1 along with the 2842 km2 of licenses we hold on a helium rich area!
This is just the beginning of a truly amazing project that in my opinion could easily see us climbing well above that 27.7p high!
Good luck all and as difficult a decision it may seem at times, hold the line!
DYOR
Helium prices are rising, up over 12% today to $7.44!
https://coinmarketcap.com/currencies/helium/
I’ve read a few posts regarding the market cap of HE1, I think the agreed opinion is 3p!
But it seems that everyone is basing this opinion on the recent RNS, what about the fact that they have acres of land yet to be explored!
Don’t sell too early, you may end up regretting it!
DYOR good luck all.
good point, i’ve also seen him/her/it posting on 88’s page ****ging panr off and promoting good old jim’s twitter page saying 88 is a better bet!
i’m really confused because if him/her/it was an investor in either surely you would promote both due to their proximity to each other!
The Company is pleased to report that testing operations have been successful at demonstrating producible oil from the SMD horizon in the Aphun field, which is comprised of both the shallower SMD formation and the previously tested deeper Alkaid ZOI.
Should be back above the £1 with this news!
GLA