Member Info for Swissydog

Dai, the presence of hydrogen masks the ability of gas spectrometers to identify Helium or ultimately an accurate reading for Helium hence they did not even suggest a % reading in the Flathead. Wireline and gas samples will need to be taken in this case.

I believe that Hydrogen is formed as is helium during the processes of radioactive decay of those basement rock elements Uranium and Thorium ( I hope that is correct!) and also occur near areas with high seismic activity. HE1 have Helium in solution and so had reduced hydrogen as helium increased but I'm thinking that if both are in a gaseous form and not in solution then the hydrogen could be higher (I am guessing at these dynamics) but seems plausible. Such a high Helium conc at Clink well does suggest that radioactive decay is highly charging the lower strata and with helium shows in all levels this looks potentially excellent.

I just need a very slightly lower re-entry price if it becomes available to be satisfied, otherwise I will hold onto my hard earned!

Cheers Swissy

@Dai the thing is the rig did get down to its 8000ft limit but surprisingly they were still in gas in the Flathead formation and had not reached the pre Cambrian basement rock as expected. They have therefore not tested the basement yet and the Flathead is a much deeper horizon and could vastly increase the resource. That is why the BB think the bigger rig will line the shale collapse and go on to dig deeper into basement.

Thanks guys much appreciated for your opinions. I do think that around 16p is good although 15p would be better but i may be dreaming. Latest Zak interview today said they have identified a rig but are piecing together the sundry items which i guess includes a 7 inch casing cut and machined to correct length. In do believe this well will become productive and also that they may go deeper with the bigger rig as TD did not reach basement and was still in gas! The resource could be bigger than expected? BO Sears was taking getting back on track in the next 2, 3 to 4 weeks and was very confident in chasing this gas reserve. I have missed the boat today as sp has nudged back above 17p to buy but if it drops back over the next week i think I will buy back in but I will not be chasing it back up.

Dai to answer your question it appears in the exploration comps that I have followed that there is usually a satisfactory buy in price much nearer actual sp rising events as uncertainty and fear of a failure looms closer to being a realisation. If you have steel b-lls then you can get in much closer to action actually happening (if your research tells you the risk may be worth taking). Many late traders seem to come and steal the show in the 11th hour in these situations. Just my experience but exploration is always an exciting risk. Thanks again Dai and KR, cheers Swissy.

Wow it has been quiet for a while on here and volumes would indicate that everyone is holding firm for FDA approval. Well we normally get an interim results presentation around 20th September but there hasn't been much info of late to indicate how strong these will be or not. I thought we might of had some more NHS regions signing up to LipidinCode by now and of course FDA approval should be getting close now or it would be nice to know what hoops Geni are trying to jump through on that front. ROCA was signing up its first licences in Europe and LipidinCode in Germany and Cardio in Spain along with LipidinCode sales penetration in the USA.

Lets hope the silence is because everybody is busy and productive as it will be interesting to see how incomes are playing against expenditures. Any thoughts?

GLA Swissy

Morning gentlemen, was wondering what peoples thoughts are about where the HEX sp bottom might be before mobilising the new bigger rig to case the shale horizons @Clink. I took some off the table to protect myself @17.2p and can buy back currently @16.3p. This would increase the total number of shares that originally held which is great but also feel it could drift lower over the next couple of weeks without good news flow. Thoughts on a post card please, cheers Swissy.

I guess it all depends on a couple of things.

1) How quickly they can mobilise the next rig with 7 inch casing and the unknown results of clearing the caved in shales.

2) Can the original rig be mobilised quickly to Rudyard to start drilling that well.

If any delays above a month then peeps will look elsewhere even temporarily. I believe that HEX have a great asset at Ingomar and that the charts suggested a 17p support which seems to have held with BO's interview but tomorrow and next week are a different matter without news, especially if one of the other Helium options takes flight meantime. We will see but I did sell a few today as a precaution and will add back in if price opportunity arises. Sat and watched too many for an age to claw back loses when trading opportunities arise during the more uncertain periods.

KR did you actually buy any today or are you keeping powder dry incase it drops a bit further. Cheers Swissy

It just shows you how little even seasoned BB contributors actually know about the dealings in a company that they are invested as for weeks now every man and his dog have been spouting on about a continued seller in tranches of 50K being Oberon Investments and that they wish they would sell up and move on. The latest RNS shows that they have actually been adding and increased a threshold. This close to wire line results does give some confidence in expectations of these being positive. I hope they are right, so GLA Swissy.

Perhaps they are expecting a good rise in this hard market KR, lol!

Thanks andypaps that was an excellent post and it is the assumption that I came across last night whilst researching helium measurements in a hydrogen gas system and yes the properties of hydrogen do 'mask' helium readings unless the correct mass spectrometer set up is available at the time which it would probably not have been purely for mud logging purposes.

The BOD have done all they can presenting us with the information they have at present as it will need wire line and EWT to be conducted with the correct apparatus specific for this mixed gas system to be clear and accurate. They said there was helium all the way down which is fantastic and hopefully after next week they will deliver more detailed percentages. What an amazing achievement getting us to this point so quickly without incident so all holders should be smiling in their choice of Helium company and BOD. Roll on next week and let's get the volume of trades to give this seller what they want (out) so that we can get on with it .Not long now, Swissy.

Dai I am just loving your enthusiastic calculations but I don't even think that LB has actually worked out what it means as they are too busy heading to the US of A where it is really happening!

I think this was one of PP's watch list stocks and noticed it had an RNS this morning showing acquisition of gas field which is the start of their strategy and maybe one to watch out for!

I can't even try to work out what the HE1 RNS's will mean to the sp today but will be interesting to see. How to work out BPD of fluids to helium production and then the raise to buy into US helium projects. It doesn't read well for Tanzania if they are spending getting into the US as they have 1000's of Km2 of land as yet undiscovered under licence. It spells to me that Itumbula may not be productive but what do I know and what do I care!!!!! Could do with some good news from HEX shortly. GLA Swissy

Well certain market segments in general can consolidate before a summer vacation bank holiday and it can often be observed. A lot can happen over 3 days in the world that we live and MM are no fools in regrouping and repositioning before these periods. I think that is why we are seeing the current transaction and activity levels. I don't have a personal concern over any sp drop before this weekend and don't think it has any indication of our operation progress or undisclosed drilling results and next Tuesday should hopefully reward us with the info that we are all desperate for and we can all be discussing the next stages and sp reaction. Relax and have a cracking Bank Holidays peeps as all will get clearer with a new dawn. GLA Swissy.

Yes bids coming in upwards of 23p so turning a little now! Being this close to TD on a Friday with a Bank Holiday attached then I guess you either place your bets or stand well clear, either way GLA holders for what could possibly be transformational news in the next few days. Cheers Swissy.

I am not invested in HE1 anymore and was wondering what was up but looking through 400 posts was not on my to do list. Sitting on the outside this looks like a pump to me as Dai said but I don't like the BOD soI am biased. Even if the EWT have gone reasonably well the costs of production could be massively diluting if drill costs in Tanzania have anything to go by.

If it jumps on news in next few days I think I would be taking profit as everyone on the BB seems to be expecting another 10 bags. Just be sensible this time round guys and I wish you all the best and healthy profits if the balloon goes up eventually. Cheers Swissy

When the excitement comes from the man that knows best then I am willing to listen to it. I really think this will be incredible news once we start drilling the flat head formation and Pre Cambrian basement rock. It is amazing how efficient on time and money this BOD and crew have been and it is simply a breath of fresh air to the usual AIM start ups! GLA over the next few weeks Swissy.

Yes Dai, just offered 11.6p on the Ask but I'm not buying yet as with the distance until drill I can't see it going back up quickly in fact it could go down further unless a few details are clarified by BOD. Summer holidays still so not enough vol for this one to recover quickly IMO but that is all it is. Cheers Swisssy

I have to admit to feeling that all is looking good here and great to have a BOD that give regular updates with clear details of progress. A risk as always but one that I feel happy with in the hands of Bo Sears et al. GLA Swissy

Are we there yet?.........It would nice to have a little update on FDA CICS application but they did suggest 'around quarter 3' at the last presentation which does give until the end of September. Hold tight people and lets hope our wait is rewarded.

Selling over Ask again now so usual sp volatility until things settle again later. I am actually looking forward to early results so looking forward hopefully to exciting times ahead. GLA.