Member Info for theofficecat

Well I have been in here for along while, chucked them in the bottom drawer. It does look as if the tide may be turning, albeit slowly. So fingers crossed for me to move these out of bottom drawer and into sock drawer about half way up lol. GLALTH

Daveaustin is gormless norm lol

Wyndrum, sorry I do know it for sure, as I think plenty others do as well. When you have been around for years on AIM you get to know them. Plus it is well documented if you look.

You right about positive posts, as well as negative. You have to treat with caution. The difference being as said, with experience, you get to know/recognise the posters, or their agendas. It is not hard, as in Blue Bore's case!

Also you right about folk letting them selves get influenced, but if they deserve it is another matter? We were are newbies/naive at one point in all walks of life. You need to learn and understand with time. AIM can be a hard financial lesson if life for the unwary!

Agree again on not knowing what is happening until told, called RNS. But you can dyor research and gleam info to make decisions based on everything. But obviously not on bb's. Unfortunately that is what happens to many still. anyway GL to you. Everybody can make their own decisions but won't stop me pointing out the Blue Bores of the AIM world, and Kira's etc

Wyndrum, this is AIM, it is exactly what happens. Not by individuals, but by groups of them all with many alias. Invariably it is the same crew that "pump and dump" and then reverse position to deramp. It is their JOB, no amount of deabating/arguing is going to make any difference to them. All you can do is point them out to others less wary. Because fact is it does work or they wouldn't do it!

You get the folk drawn in and trapped on the spikes and flip side the scared, nervous newbies, unwary that panic sell. Sad, but it is part of life on AIM. It will never change, nobody cares or has will to change it. Is it corrupt, of course it is, it is AIM! Not just on these bbs, how about how many AIM companies/CEO's been at it over the years. How many get caught/prosecuted? Now if this was the US!!

So it is a case of understand how it works and try your best to do what is right for yourself without the noise....

Folio, not as bad as a troll, simply is a troll. Been doing it since turned up on here. Drip, drip drip, negative, negative negative, trying to make out it is doing us a favour warning us of imaginary pitfalls. You can't argue/debate with it as simply carries on it's agenda. Just ignore and filter is best so can't get paid

The global demand for Helium may soon come to an end following the successful progress by Helium One at its southern Rukwa project.

Speaking in an interview last week, Lorna Blaisse, Helium One’s Chief Executive Officer said “the Rukwa project is thought to have an Unrisked Prospective Recoverable Helium Resource at around 138 billion cubic feet (Bcf), making it potentially one of the largest known primary helium deposit in the world.”

The company holds 2,840km2 of prospecting licenses in three basins; Rukwa, Balangida and Eyasi projects of which its first phase of exploration began in 2021 and, most recently, the Company successfully flowed 4.7 percent helium concentration to surface from its Itumbula West-1 well.

“The high global demand for helium is highly attributed to by various factors including large industry growth sectors i.e. electronics and AI, as well as geopolitical tensions in country’s that are large helium producers. Therefore, these new developments in Tanzania signals a promise to the future of helium.” said Ms Blaisse.

The company said current global demand for helium gas is estimated to be around six billion cubic feet (Bcf) per annum. It is also expected to increase to 8.5Bcf by 2030.

Helium gas is among the essential gases used in various high-tech and industrial applications where the largest demand is in the electronics industry since they are used in fibre optics and the manufacture of semiconductors.

To date, major helium producers include the United States of America (USA), Qatar, Algeria and Russia, whereby constraints on some exports has and an increase in demand have attributed to an increase in price.

The current contracttpricing for helium is expected to be around US $500 per thousand cubic feet (Mcf).

Speaking about the gas usefulness, Blaisse said “helium is essential for multiple uses including use in medicine to keep magnetic coils cool in MRI scanners, space exploration for leak detection, party balloons, high-tech manufacturing of chips and fibre optic cables as well as growing demand in artificial intelligence (AI) developments.”

It is sad but probably will be inevitable outcome, and let's face it has from the beginning. The West won't give Ukraine the means to win, merely to keep wearing down the Russian War machine and economy. That suits the US particularly fine. Imo Russia will get to keep the Donbass and Ukraine will get membership of NATO. Pretty much says if Putin tried to grab anymore it is World WAR. What a world we live in.........all those families destroyed, lives lost (on both sides) for one egotistical mad man.......

Hurrah!!! bye

Should get my 17.5 this week but way it is going one wonders if the only thing leaking is bad news?

What took you so long to put the wofliewnker in the bin, did it years ago. I can guess names of multitude of other green boxes, spikeyjerk? Be11end etc?

One day folks, one day....

Gormless normless, I am invested, how many times have to say lol?

in one post you just demonstrated how little you understand about drilling techniques so no point debating it further. Do you even know what a side track is let alone why it would be used?

As YOU mention HE1, some facts for you, they have drilled their "exploration" wells, done the EWT, submitted the DFS and environmental and await ML issued by Tanzanian government who are highly supportive, and ahem effectively partners. It is commercial, there will very likely be an Off taker to fund plant. Costs are very low. Drilling development wells is a lot cheaper than exploration ones. Even more so when own Rig. Plus the tax breaks are pretty phenomenal there. Their "commercial discovery" has been described as world significant and possibly biggest in the world. Yes, including US.

If it was like that here I would invest more than the small amount I have.

You have a nice weekend and try not to worry too much.

Orangemoon, agree shale is common problem, but, What is bad is that they should have known what was there, pretty basic stuff, and planned appropriately for it. They didn't obviously. IF they don't get through this time, and it is no certainty, then left with one of two options. Either try a side track but be more time and expense and again no guarantee, or, plug it and move on. I don't have to tell you how this would affect the SP regardless of moving on to the next one. I would think it could well drop back near IPO price. I have had plenty of dusters over the years. It is mining, the drill bit is all that matters. Many more exploration wells fail than succeed. HE1 have proved theirs commercial.

The drilling cost attributed to shale-instability problems is reported to be in excess of one-half billion U.S dollars per year. The cause of shale instability is two-fold: mechanical (stress change vs. shale strength environment) and chemical (shale/fluid interaction—capillary pressure, osmotic pressure, pressure diffusion, borehole-fluid invasion into shale).

7veronic, wow yet another successful trader who tells you it lol. Never heard a trader yet say how much they lost lol

Oh so you allowed an opinion pm here but I am not on there lol?

You stirring about Blue Star, simply a lie, their share holders know there is no real alternative to us bailing them out. It WILL be done, only slight hold up was because Mining authorities are behind in their workload.

HEX are a country mile behind HE1, and that is a fact! So far one collapsed and plugged well which had to cough up for a replacement, with the time delay. In the hope they can get through the shale, which is no certainty! Even then you got to wire log to see if worth doing an EWT. After that IF you get lucky you can start thinking about environmental study and DFS which you are NOT funded for. All this with a CEO who blabs non stop, yea he has skin in the game, why do you think he keeps ramping up his own company lol? We will see, and soon, who is on a winner.

Just my opinion of course.............

Mischief, I am invested here, albeit very small as I see it as a huge risk at this time. I stated when hits 17.5 I would buy bigger as risks to reward are nearer worth it. The fact people don't like me voicing their own fears is not really my problem. What I say are facts, if anyone can point out what isn't then please go ahead. Happy to debate but most just want to abuse.

Strange how many moan about an invested on here yet HEX derampers go onto HE1 bb when it suits them and deramp which is often. Hypocritical?

Have a good weekend all and try not too worry. If the drill bit fails again then that is mining ;-)

7veronic I am invested in hex (very small as huge, huge risk and miles behind HE1), and 80M and big here, the best of all 3 without a shadow of a doubt!!!

so you come over onto share you are NOT invested in for a big girl's wail? Think it is you that needs to grow up. Go back to Hex and hope it is not another play and plug!

Perhaps stop blubbing like a baby on HE1 bb? I am invested here and quite frankly can post anywhere I want to. So perhaps grow up you are embarrassing yourself

Shale a minor problem? seriously? Enough to cause well to be plugged, source new equipment and quite a delay. New Rig doesn't meant the problem will be solved. IF get through it then can start to think about wire logging to see if worth doing a EWT. Glad that most here seem to think it is a forgone conclusion?

Sell at source to Offtaker, it is their problem to transport, they also supply finance for plant, wells and get years of top quality Helium at reduced price for many years when price only going up, simple.....

During her inaugural speech, the then-newly-elected president of Tanzania, President Samia Suluhu Hassan, promised that her administration would do everything within its power to increase the mining contribution to at least 10 percent of the gross domestic product (GDP) by 2025. Yesterday the mining commissioner remarked that they were right on track.

“We believe we will achieve the 10 percent target before 2025,” he said during a meeting broadcast live from Dodoma. The sector is growing fast, investors are coming and the government is creating a conducive environment for investment.”

Including plans to take advantage of improving the investment climate, the government of Tanzania is also looking to welcome joint ventures with some of the world’s largest miners, among other initiatives to achieve the president’s promise.

But miners have a more favourable opinion of President Samia Suluhu Hassan since she assumed office in April 2021. She is actively supporting the industry and advocating for improved partnerships with mining companies. She is urging responsible officials to fast-track agreements with mining companies looking to execute operations.