Member Info for RogerJolly

You might be right, but not until after the EWT in the third qtr.

"Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners and will help determine the design of any future production facility."

Initial discussions have taken place, that is gone. The above paragraph is clear that they will not be able to advance discussions until the results are known.

Look up the word "Conditional"

Very true! The moment facts become irrelevant everything becomes pathetic!

Why would I expect one HMS?

I rule nothing out, but why expect?

If you do expect negative it would wise for you to not to be invested

The question BG was when is it likely to arrive? What is best estimate

Yes and staying here for those that seek the truth

Nothing more than a desperate attempt to deflect away from the truth. The only people you are convincing is yourselves. 🤣

Warrie I stood against the lies of de-rampers. That's probably why you believed me. Give me one good reason why I should not stand against lies of rampers?

As for my position, I am open about it ,which may draw some flak, but it least it shows I stand by by my own principals and won't sell my granny down the river as some are more than happy to do. I am please you are in profit, that is what we are all here for. I just won't lie to get it.

Looking back to the previous CPR by RPS it was published in February 2018 about a year after NT2 successfully drilled Ntorya. the only consulting notice I can find was April 2017 which the CPR notice referred back too. A period of ten months.

So how long could this current CPR be expected to take accepting the size of the narrower area covered, the 3D data must surely require much greater processing. It certainly took long enough for Ara to produce the initial data

I cannot say that there will not be contact between the two parties, but I can clearly read what is stated by the company.

The company are not in a position to advance discussions until the conditions are met.

It is as simple as that and it is a stated fact by the company, so to continually argue the point is pointless, Recognise it and acknowledge it as a risk. That is the reason I sit hedged 1/3rd in 2/3rd out otherwise I would be all in as I was before. After the work I did against the lying de-rampers, do you think I want this risk?

Oh dear crawler still leading people in a blind alley

"Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners and will help determine the design of any future production facility."

Initial discussions have taken place, that is gone. The above paragraph is clear that they will not be able to advance discussions until the results are known.

Look up the word "Conditional"

Mad English you are absolutely correct it does state.... "will help determine the design of any future production facility. The Company has already approached vendors regarding such facilities and will be working closely with them over the coming months."

BUT what is it refering to?

It is referring to VENDORS OF PRODUCTION EQUIPMENT which infers they are in discussion about types of equipment and costings etc. All very normal research for a company hoping to progress.

I know you guys and others are desperate to see it reach the sky as am I, but stop trying to avoid the facts. They are written in perfectly good English and your continued personal abuse will not change that and as for the block of wood, I can tell you I can be as stubborn as a block of wood and while I have no wish to de-ramp, if you continue with this, I will take great delight in publishing the facts over and over in the same way I tackled the lying de-rampers, so perhaps best you back off and stop attacking people who seek the truth over fiction. Remember I am hedged here, so for me its heads or tails I win and so you won't be pushing me off no plank however many keyboard warriors try.

Have a nice day! "ALL FACTS MATTER"

8 days by my reckoning Kevin. Just five trading days. Good luck

So Crawler you wish to target me further. let me dispel your myths and then I will repost it again on your "Facts" post so people get to see the balanced facts that should not be ignored.

RNS 7th FEBRUARY "The company led placing provides the Company with sufficient working capital to progress its planning for the next stage of the work programme in Tanzania. The Placing has been undertaken with long term supportive investors, with Peterhouse Capital ("Peterhouse") acting as the placing agent. This placing enables the Company to determine the next stage of its work programme following the success of the Tai-3 and Itumbula West-1 exploration wells."

Broken down... "provides the Company with sufficient working capital to progress its planning for the next stage of the work programme"

The placing was to "PROGRESS ITS PLANNING"

Hope that has sunk in but some how I doubt it so on to your other attack point....

RNS 7th March "The Company is currently advancing its subsurface modelling and updating its internal resource estimates in order to determine the best path towards the commercialisation of Itumbula."

Here the company shows it is doing just as it promised. During the month between the two RNS it has been working on the modelling (we await results) and it has determined that it needs to carry out an EWT test and the next para confirms they are working towards that...

"Helium One is currently working towards an EWT in Q3 2024 on Itumbula West-1 in order to confirm flow rates and the fluid composition. Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners and will help determine the design of any future production facility. The Company has already approached vendors regarding such facilities and will be working closely with them over the coming months."

Broken down this paragraph dispels further myths...

1. "EWT in Q3 2024 on Itumbula West-1 in order to confirm flow rates and the fluid composition."

Although I believe strongly in the possibility of it being a commercial well as it states cleary "in order to CONFIRM flow rates and the fluid composition."

2. "Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners and will help determine the design of any future production facility."

"Conditional upon these results"

"CONDITIONAL"

So despite the fact Lorna may have had preliminary discussions with off-takers and or industry partners, it is pretty clear for anybody to see that there will be no further progress on gaining financial input from them until the well is proved up.

As the earlier RNS stated what that previous money was to cover and the second indicates there there is no money to come from the industry, where is that money to come from?

Chesh

"All the best (shame, he really did chase off de-rampers a few weeks ago...........! :()"

How did I do that? By putting facts on the table that was how and that's all I'm doing now.

Sorry if honesty is only acceptable if it confirms to the readers wishes, but facts are facts and I won't lie just to be liked.

Without doubt I sold to protect my gains and was proven right to do so as it dropped to 1p and naturally I want the best re-entry but again, I won't lie to get it. If this goes against me and it continues to rise I'll buy back before the price I exited, but I personally think without something to back this rise up, it will start to drop again for the same reason it dropped in the first place which is clear for all to read in the RNS. They are going to need funds to carry out the ewt and the appraisal.

To pretend to themselves that concern does not exist is just foolish but worse, to pretend it does not exist to new investors is misleading.

I know I am being attacked personally because the facts are not questionable. Ad-hominem attacks are the norm here! If you trusted me before you should trust me now but that's your choice, I can live with it, the abuse is like water of a ducks back 🦆

Time will tell if I called it right but if I did watch this current batch of rampers flip and de-ramp it to hell. They've done it three times before remember.

Jersey Crew yes that option gas been dispelled. All talks with potential partners or JVs are on hold until at least the EWT is done and possibly the appraisal too. Meaning any funding required and we know it will be, has to come via a raise or some other form of dilution funding

I bet that choked you to finally admit the potential of a raise. Would you like to explain why one is likely here before the EWT and appraisal drill?

I'll wait but I won't hold my breath.

commonsense there are no bear cases or bull cases, only facts.

the dispute here is about being bullish, (which i am) and being bull****tish and ignoring the facts.

if you've done the research you will know what i have said is the truth and you will have taken your risk in full knowledge and good luck to you. i am one third in and two thirds out and i have comfortably hedged my position.

when i am clear on the funding position i will be fully loaded, you can be sure of that.

No crawler its not your job. you can post what you like but you are deceiving people and the dozen tick ups you get are either from fools who cannot see it or one of a dozen or more other names you post under.

I too can also post what I like and I call you out as a scammer and a conman

First we had day trader Coco, then Neil and now you. One and the same IMO just pushing what investors want to hear. Tell them the truth for once in your life.

sadly there is no bull**** in the original posters message, you was posting the same stuff at 3p. as i said the other day, nothing wrong with the long term view, i hold that view myself, but we need assurance of the ewt and appraisal drill funding before we can get to any of that. that is a categorical fact whether anybody likes it or not! and that is what you are not telling people, so the poster is quite right to tell people to beware of not getting the full picture as only half the story is being told here.

"Beacon confirms that the rig mobilisation is on track with the rig due to arrive on location in mid-April with the sidetrack operation scheduled to commence the following week."

I would anticipate rig on site anytime from this coming Wednesday through the following 10 days.

Could be an interesting week ahead with a bit of a rerate on the cards and a confirmation RNS to land