Member Info for shafaq

Good spot Vcvintage.

Never read that on the day apart from the actual news page and didnt follow up the timeline thought it was the same as 26th Jan.

That must've caught out few.

Right thanks Sir H.

So not much equipment needed just the aggregate and small crew.

Much easier that way then.

Cannot buy more than 12k shares

Doh!

Https://x.com/shafaq39/status/2020856732998644135?s=20

I've looked at the site from 1982 photos and is just a desert with pebbles as road and airstrip.

Think that's what we will have to do too to degrade it.

Earth movers taking off a foot or 2 and relaying grading with stones.

As to the pad they have the weight of the rig and size so should be easier to lay the foundation.

Oops 2 posts

Lse very slow and freezing

Why would you name a rig company and give a date of 25 feb for confirmation if they were still evaluating rates or tenders?

I think they have an agreement with explorer rig and now await for a site visit and confirm contract after the visit.

It does not happen that you name the rig and give a date of confirmation if you are not in agreement and await sign off.

AH would be silly to put these details incase they miss out.

Only a " in advanced stage of discussion with selected rig company" wouldve sufficed as is normal and no need to go over the top if there was no agreement or lock in of the rig.

Aimho

Still think they are way ahead of what we know, 26th jan funding rns, 10 days later we have selected the rig, issued RFQs and have named the rig company ( doesnt normally happen) and also told subject to confirmation 25 feb ( again no need to mention this).

If they were still negotiating rates or valuating tenders then " in discussion with rig owners wiuldve sufficed.

But naming a rig and giving dates means they have agreement with explorer rig and just needing sign off now once the site visit is completed .

Was it necessary for AH to say what he said if there was no agreement with a ri

Mike

With possibility of rig confirmation say on or abouts 25th Feb.

Likely bringing the timeline down a month, do you envisage a likely spud in June or Q2 as to the Q3 timeline?

Adding 2 months to repairs and well bores upto possible May?

There is the hint of our rig and possible contract date.

AH and team moving fast.

GL all

Bennyhillrockz - filtered

We could see lot from miles away.

Dont think it's someone selling or buying it's algo's.

Ii dropping a buy but they are unable to fully execute it so algo's putting in the remainder that was not filled and vice versa.

Aimho

Agree.

Look at the mc of other helium players who headed towards spud/drilling.

Helium one mc £88m june 22

Helium one tumbula £14m Jan 24

Blue star helium Aus$68m Apr 22

Noble helium aus$ 62m 2023

Grand gulf energy au$ 48m apr 22

Grand gulf energy au$ 28m mar 23

Royal helium ca$42m 2021

Desert mountain ca$170m

Most like HE1 and gulf had 2 bites of the cherry and reason the 2nd well was valued less due to no strike on the first.

So I would agree with you on being a value of £25/30m+ on drilling.

But due to less shares in issue there could certainly be a big squeeze on big demand and completely go mad and go much higher.

Well done lav.

Let them carry on scaremongering as they are now desparate and anyone who listens to them is gonna lose big time.

Those of us who have been accumulating in the past week and before will win big.

No ceo will come on here and say the things he has said in the interview if there was doubts as a lot of reputations will be on the line inc careers as this was via UKMAR .

Pick your sides as the train is about to go on a super run.

"Watch this space", significant amount of news to come, allocating wellheads and casings, allocating waterborne and deciding on rigs as someone said me today why have you got 4 rigs, I said this is to say the availability in Australia is significant as there is no shortage of drill rigs in Australia.

If the doubters are still in doubt then the ceo has put all of us on notice that this is no time for a doubt anymore, this going ahead with Harlequins and Schlumberger.

This is the time to accumulate as many as you can.

LAv

Why not just filter him/them as you know what they are trying

So far only Harlequins have proved funds and are now funding the Hussar drill.

Halo although have extended their mou have not done so, till they actually do and at whst capacity they come Iin emains to be seen.

Harlequins are now calling the shots with SLB and are in driving seat to drill Hussar

Seems certain that the traders have exited and we could start rebuilding again as more and more people cotton on that the next step is the rig tenders and contracts.

No more of Harlequins and the money as SLB have been working with them for 2+ years now, time to put that argument to bed once and for all as no one plays tricks with the worlds best services company and they are not the ones you mess about with

Sorry Halo.

This is definately turning out to be a massive show if teams are being assembled for different tasks.

You are right Slb are more like penspen but why would they extend Halo mou with gex.

Mike

It seems Gali and penspen may be the party on the other side, harlequins to fund drilling and owe the gas and hali and penspen to do the clean up job of cleaning the gas from helium and hydrogen and selling it on?

Penspen doing infront feed engineering only means taking the gas and separating it from each and selling on.

Gex has played a blinder by focusing on their assets and getting each offtaker for each task ie, drilling funding and then halo for cleaning and distributing.

Harlequins make the money out of well head and halo for sales as penspen are really a cleaner side of process.

Why else have gex extended the mou with halo to 2028?

Is this how you see it and whether this makes sense?