Member Info for theofficecat

Skippy I was thinking along the same lines and that certainly makes sense

MNN you stating hopes not facts, EWT's are not facts until confirmed in RNS that wire logging proves they are worth spending time and expense doing..................so perhaps stop misleading folk?

Stamford, there you go again, couldn't resist the negative ending slipping in about placing could you? You are pretty transparent to me. had your chance with me, in the bin you go

Dusterinmong could you please explain "build up in pressure" for little ol confused me? I thought we were having to sort near collapsed well out just to get wire logging down?

Bought a share at 21p, bit pricey but can always trade as long wait for any news now ;-)

Makes sense for TG to grant licence asp so they can start making money off our world significant Helium Discovery as well?

I can't wait for Monday for our CEO to big up his own company. Never been done on AIM before!

Rupops that is just/s imo 10 years in production and no dividend, don't think so. share buy back maybe as well but be plenty of money flowing in. Plus I include expansion in that as we won't just be standing still.

Need to factor in that when they become as big and successful as seem likely then a dividend will be paid...........that in turn can bring in the funds besides making share holders doubly happy with SP raise and dividend.

Your boys would only get it removed as can't stand being questioned lol See some new super ramper accounts appeared, always bad news

Nah 15p

Skippy agree, maybe he has flip flopped? stupid suggestion to say written by AI quite frankly?

TG want investment in mining after years of mismanagement. They going to love the HE1 proposal, they get their 16% free carry. I think they will also offer very good terms/tax breaks? to any other investor/bank in HE1. When you got government on your side (partners) then you know you are in business big time! GLA have a good weekend

Cricket, just just another deramper, bit more subtle, but anyone reading your posts can pick it up, nicely slid in about placing again. Seems that is theme your little gang want to play today.

Doesn't matter how many times you been told, and others post, that NO placing is coming and when ML is issued they were looking at other finance options. Almost certainly be in place for when ML is announced imo. Income from BlueStar will start to roll in. So just do one and in the bin for you!

Bopeep give you a rest, thought serial deramper was in my box, you are now! For me bit of blue/consolidation be fine and set up for next week rise.

Mediman, if you just going to throw insults around because you can't debate a point then there is only one prat and it's you. Oh and anybody who uses emojis on a bb is showing their childish age quite frankly. Was that your juvenile way of "driving your point home?"

Amazing how many on here are totally clue less as to what mining is and what stage their own company is. I suppose blissful ignorance. SP 22p? Not a hope in hell you get returns that HE1 will and one hell of a lot sooner than you.

So now you paying for a rig to try and stabilise your well (we own ours) in the hope you can get some wire logging done. Whoopee! I mean after mega showing of 1.5% surface flow lol. So if you do manage that part probably find not worth doing EWT so been plugged and what next guys lol?

You think your few million in bank go anywhere near the costs coming up IF you get to EWT stage, started an Environmental Study have you? Any idea how long a DFS going to costs or take? What about Mining Licence, any idea how long it takes over there? Jump through all those hurdles and more, (most of which HE1 have already done) and how you going to fund your development Wells? You will already have had dilution before getting to that point and then a lot more lol. So Bo has a few pennies in the game. You know how many AIM companies gone under with BOD skin in the game lol?

As said, most of the answers to me are at best juvenile name calling, show little understand or knowledge of mining or procedures involved. Certainly feckin clueless as to HE1 with their world significant COMMERCIAL DISCOVERY. Mining Licence before Xmas meanwhile we concentrate on our cheaply obtained 50% of BlueStar and production there in Q24.

Oh, and our fully owned rig is hot set and ready to go for other ventures if required. Saves a lot of money and time to own your own your know. Of course if you can't afford it or no confidence in buying one lol.

Be watching for 15p as folk drift away because nothing much happening for nearly 2 months!! We will see soon enough who is laughing loudest and longest..........get in quick tomorrow HE1 and make some money on the recovery.

Got to say been great chatting with fellow Helium share owners ;-) Cue shouting and wailing lol

Olderandwiser, yes, you correct you yet to experience any of that and the odds in mining are always against you. Shows mean not a lot, wire logging bit more, EWT critical, then DFS proving commercial (if you can even extract it!), then environmental study needed which can takes months alone, ALL that and more BEFORE you even apply for Mining Licence. You seriously think you got enough in bank, think again! Oh and Tanzania government very supportive nowadays of "proper" mining companies, they want investment, stable government...........

PompeyM fact is it IS commercial and a DFS has been put in to obtain Mining Licence which they wouldn't have done if it wasn't! Your figures are also wrong but can't be bothered schooling you further tbh Have you any idea how much income 30 wells will give? Thought not. We will either JV, or as Lorna indicated, go through Banks for finance which will not be a problem when DFS is released. Plus we will have income coming in from BlueStar acquisition est Q4 this year.

Here Pompey, just for you NB the word "demonstrate"

"The details of the feasibility study outline and demonstrate a commercial development plan in southern Rukwa."

Lorna Blaisse, Chief Executive Officer, commented:

"This is yet another major milestone in the Company's history. The last 12 months have been a very significant chapter for Helium One in which we have made a successful helium discovery, completed a detailed feasibility study, established a commercial development plan and successfully applied for a ML. An extraordinary achievement within that timeframe and I am very grateful to the efforts of everybody involved.

We very much look forward to progressing the project in Tanzania through to production, as well as remaining opportunistic on further opportunities in-country and elsewhere.

We are also entering a very busy period with our joint venture with Blue Star Helium in Colorado where we look forward to completing the acquisition and starting the drilling phase of the upcoming development wells on the Galactica-Pegasus project. We look forward to providing updates on the progress of the drilling programme in due course.

The Company would like to thank the Ministry of Minerals and the Mining Commission for their continued support and their engagement with the recent success in southern Rukwa and looks forward to their positive response and to developing a partnership with the Government of Tanzania upon the granting of the ML, in order to develop a flagship helium sector in Tanzania." This discovery has been described as significantly global

So when/IF you just get to wire logging I will watch with interest. You are not even on the same planet as us mining wise so get real! and post where I like, just as HEX posters like to do on HE1. Besides told you might buy in at 15p ;-)

Ohbewonka, oh no a huge presentation golly gum drops lol and? might have a speculative punt when hits 15p. Told you no news on AIM means SP drift down. Just like at HE1 but over there it can/has/will rise super quick. Bargain prices at the moment but on the up again ;-)

Try below, you are miles away yet from anything, at this stage you have basically diddly squat! come on Bo Bo must do better ;-)

However, the presence of a helium gas-show alone does not confirm that the helium can be economically extracted. Further testing and analysis are required to determine the commercial viability of the helium system, including wireline logging to determine formations with free-gas potential and flow testing to determine grade, flow rate, and production profile.