Member Info for sharesaplenty

Mr Muscle, do you love the job we hate?

Nice deramping work Muscles.
Drive the SP lower so you can buy in at a lower price.
Not that it matters one bean to us LTH, you're not getting my shares.

My bet is the drill is en route or gearing to get set to go to Rukwa. No obligation for He1 to RNS this since they've already told the market (at the AGM) they have options and will be drilling this year.
The key is the extent and planning of the drilling locations/dates which I consider will need RNS disclosure. One site, two sites, three sites, more? Going back to Tai, elsewhere or Tai plus elsewhere? This is where the funding question comes in. Perhaps they have enough case in the bank to cover a conservative drilling campaign but more funds would allow more sites to be inspected and drilled. I'd prefer the latter even if it meant a further fundraise this year. Overriding priority is get that critical discovery, even if this comes at the expense of additional fundraise to give the key derisking factor to accomplish this goal in 2022.
I've every confidence DM and his team have their sights keenly set of this objective.

We're pausing for breath ahead of the 121 mining event. Expect further news on the 2022 drilling programme to come at or shortly after this. Not much more to say until then.

2 minute microwave Rustler Burgers all round it is then.

Yes Triplestar I like your thinking.
They've taken at seat at the table (i.e. got drill ordered) but taking time to pick off the menu what to have (i.e. where to drill). No need to tell the kitchen (i.e. us shareholders) until the waiter comes in with the check (i.e. our 2022 drill timetable RNS).
My crap attempt at a restaurant dining analogy ;-)
I hope DM's tummy is starting to rumble

Perhaps yesterdays drop was a last ditched MM treeshake ahead of the drill programme RNS? Agreed will go steady at 10p-ish level until RNS.

You maybe right smallfish bigpond.
But why publicise the "Drill campaign RNS" from an Irish small town radio station? DM would have been better doing it on one of the UK's national channels surely to create more awareness?

Surely us shareholders should be allowed to see DM's slidedeck from this 121 Mining presentation he gave? Is it downloadable from the He1 website anywhere?

Odysseus, why would DM state in his Irish radio interview "a 2000m depth hole @8.5 inch diameter" if he was still struggling to get a rig?
If he was still struggling to secure a rig surely he wouldn't be able to make such a statement as he wouldn't know this level of performance the rig is capable of?
My read is the time delay is dotting 'i's and crossing 't's of contracts or a bigger/wider announcement to more aggressively develop the whole region with a JV partner.

And I like the detail from DM yesterday of cutting an 8.5inch diameter hole down to 2000metres. This is not a pin prick like last years attempt but a proper gouging out of the rock bed.
A further derisk for this seasons drilling programme over 2021.

Sirius was a different beast to He1. What sank Sirius was the CAPEX to get the mining operating. The CAPEX to get He1 into operation is well understood accountable and costed with payback expense to cover CAPEX approximated in a mere 12 month period.
So the risk with He1 really hangs on the discovery and risks after this (whilst still there) are the thinner end of the risk wedge. Enhance data, improved drill rig and more acquired knowledge over 2021 means to me that the discovery chance for 2022 is also derisked. Sure still some chance of failure, but if you want zero risk still your money in NS&I saving earning 1.00% APR and see it get eroded away with inflation.

Smallfish bigpond, not gonna disagree it could be a rouse for a raise. Depends if there's enough in the kitty to fund the drill programme he has in mind?? Not that I have a problem with this, last raise was oversubscribed and the SP lifted well above it during the drilling campaign that followed. Its a means to an end.
Regarding Ian talking to end users, I disagree on any notion that it should not have happened prior to discovery. I work in R&D biotech industry, you always get your market facing end user engaged to sell ahead of actually being in a position to provide the new service and/or product. It shortens the path to market. Quite the contrary, I'd be annoyed if Ian wasn't talking to end users last year!

In his interview today, why would DM state exact bore diameter (8.5 inch) and drill depth (2000m) and timeline (Q3) if there was a prospect for us NOT to be drilling in 2022?
Its gonna happen guys - hold strong and long ;-)

I missed Trek and his £5 deramping signature. Although I never understood why he low balled the future value.

Agreed ignore the crazies predicting £5 share.
Derampers! We'll be worth more than that in a few years ;-)

Lol a join up with Noble.
I can imagine the board room negotiation already - like a scene from the movie Highlander.
David swinging his broadsword taking Noble Helium's CEOs head clean off his shoulders screaming "there can only be one, Helium One"

Maybe Turbot. That was until you gave it a kiss of death ;-)

Where's Trek Madone? Miss his £5 sign off

So frustrating that BMN share price seems to be so linked to commodity vanadium prices. We are more than just a company of "stack it high and sell it cheap" operation.
Aren't we meant to be the vanguard of the emerging VRFB market? When will see the BMN share price get coupled to the growth and positive developments of the business?