Member Info for sharesaplenty

To be honest I could live with a delay of drill at Itumbula into 2024 if this extra time is being spent to fully execute and characterise Tai3 as a discovery of its as a helium asset of global significance.

I wouldnt read to much into any quantification on a helium show. Best wait for the wirelogs.

Helium is so poorly soluble in drilling fluids any helium shows could be wildly inaccurate vs what is indicated on a wirelog and flow test of gas.

Tweet today indicates drilling all going fine and dandy.

Wonder whether delay is not technical aspect of drill. But Tanzanian gov requested delay on announcement so they can get their own PR machine in gear to promote this discovery.

Remember its not just He1 who stand to benefit from this auspicious milestone.

Legalwolf, we are a very different operation now compared to Tai-1 with David Minchin. Lorna is more professional, cool calm and collected.

Her last RNS on the matter said TD and helium shows will be communicated to the market in due course.

Note this did not say TD or helium shows. So I'm fully details on helium shows only to come in the RNS once TD is declared.

Moonlight more refracted when ambient gas has high level helium content ;-)

Heavy gas pressure.

Had to turn the torque power rating up on the motor of the drill to chew through the hundreds of bar backpressure of helium its hit

This is just like the eve of Epiroc Predator 220 drilling rig RNS back in July.

SP went down heavily on the eve of this due to parting ways with Noble on the Sofori rig agreement.

Sampling Drill chippings? Erm... not sure we'll be discovering any helium in the chippings, its a gas!

My interpretation on rationale for hole collapse of previous drill is the rock was so porous because its loaded to rafters in the interstitial space with helium gas!

Yeap, watch the spike on SP from onsite drilling contractors pulling out satellite internet to buy He1 shares from their broker once drill is spinning but RNS not out on lse.

Given these options are for the director who'll likely be leading commercial negotiations on things like farm out, buy out or any other realisation of the capital value of the helium asset it comes across very bullish. No chance they'll shoot for a commercial deal wherein it doesn't create SP appreciation in excess of the strike price.

Also the options are worthless if SP doesn't rise. The BoDs are fully aligned to ensure our SP motors north IMO.

Think we all understand the risks. If its a duster SP halves or more and we get a big dilution for a further raise to keep looking.

On the other hand - boom time!

Don't like the risk, go and buy a cash ISA

Personally, I was disappointed to not hear mention of "coiled spring" by Horult

Bring in the Asians and Europeans too. Roll up, roll up...

Create a buying demand for the offtake. If Elon were in the mix, it would be immense for our PR. Can you imagine the Twitter/X feeds, it'll go off the chart.

Helipad has been prepared as well at Tai. All set for to transport the VIPs onsite post discovery.

To include Elon and Lorna for an in person farm out agreement signing ceremony for He1 to supply SpaceX...

...can but dream

Once TaiC reachs TD a ~200bar pressure readout with >10% He in makeup gas flowed would be sweet! Can wait for more info from the appraisal into 2024.

10% has been detected in seeps very nearby

Bambi back to stumble about on thin ice

Trek, where's your £5 sign off gone on your posts?

Bamb's position here is like Bambi about to step onto the frozen pond.