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that we have very little NEW investors that is why pretty much things remaining as is with minor daily vols traded with no significance. so unless we get new investors onboard buying up this golden opportunity to make some serious money this will stay around the 9-10p range. Once the first new decent size investors runs in, a whole new tribe of investors will run in and up it goes so right now is the best time to be soaking up more exposure to this project while its stagnant cheap share price. Once this takes off - it will never return post discovery. Good luck all! and do your own research, this is only my own thinking here - that we have very little new investors.

https://www.youtube.com/watch?v=wfnKRNTBNMI

All sounds very positive.

Helium One: Provided an update on progress at its Rukwa (100%) project area in Tanzania including details of its planned 2022 drilling campaign :
* The Company plans to commence 2022 Phase II exploration drilling operations at the Tai prospect which is the most advanced of all leads and prospects identified in the 3,448km2 Rukwa basin
* Drill location guided by Phase II seismic which has improved definition of the Tai structure and identified an untested closure
* Well Tai1/1A provided detailed information on reservoir and seal, and the identification of subsurface helium which proves a working helium system
* Due diligence and contract negotiations ongoing for a drilling rig located in East Africa

My opinion is they knew they had a Helium Discovery at Tai but the drill broke and it was way to lightweight for the job that had unexpected texture and failed to deliver the confirmation. So they going back with a much more robust drill (ie) heavyweight approach, drill down right down to deep deep levels and then pull out a sample and go WE HAVE DISCOVERED HELIUM WE CAN SELL - and then BOOM. Thats my take on the year ahead with this project. I suspect we will have this news around October/November.

maybe it is that the studies and surveys conducted on the ground late last year and this year, and subsequent analysing and assessment of those outputs, could be worth a lot of money commercially speaking it could be intellectual property that has value (ie) cant be shared in public as other drillers like Noble may just come along and copy them without having to put in much effort as all done by HE1 team. Thoughts?

the RNS today with operational update confirms a step forward in the right direction. Add in other bits of adhoc news around 2000m radio interview, new hires, multiple stakeholders taking shares instead of cash, etc tells me this is a solid step forward towards a Discovery declaration. It is definitely not all roses and a walk in a park - this is rough stuff, really big project to make sure is successful, extremely tough environment, so a solid step forward today declared to market is a really good thing in my view.

certainly nothing is pushing the share price north which is disappointing. One would imagine these 3rd parties would be investing in HE1 as a result of them becoming involved and much more aware of the projects potential and therefore serious money to be made. but nothing happening - we are slopping around in the 9p bucket still

I understand HE1 did presentation and 121s at this event held couple weeks ago - we havent got any increased in vols traded as a result of these meetings/pitches. Surely some interest would have come on to the sharemarket - I wonder what the expectations really are from doing these events for HE1 - surely at this late stage in plans for Q3 drilling, HE1 would have what it needs now rather than still pitching? Keen to hear thoughts on this...

does anyone have any experience in working out placing values (ie) knowledge of the calculations behind the sum?
my thinking is say this stock is hovering around 9p with VERY LITTLE VOLUMES trading but clearly if suddenly huge buying volumes it would quickly rise to 20p sort of level - so why would HE1 say ok you have have 100m shares at 10p surely they would take in to consideration a 20p level based on reality should such level of buying actually hit the live market. Hope I dont sound too confusing but I hope someone gets my drift here and can provide some insight to these things because I feel 10p placing would be a GIVEAWAY and would expect a major partner getting a placing in this business with 100m shares for example to be 18-22p level.

Hope not - they should be ahead of the game with all this.

could be that this is all presented with a confirmed rig in place and on the way to site. My feeling is that they have already got it on the way and will wait till it on on site and give investors the chance to get on board beforehand of the RNS announcing the market the big Q3 plan in writing. Like someone said in an earlier post - one could come along and put down £10m placing at 10p and sell out over the rise post-RNS to get all money back and free carry the rest. Oh I wish I could be the one with 10m £. I would do it. Would easily get all money back post RNS and then have free carry of significant potential to make a fortune. Because a multi drilling programme on the RUKWA with all their research done is for sure going to make a Helium Discovery and then all hats are off - full on in to production - be another beast then.

when we look at the below - if they are saying this next Tuesday then it could be that we still need to wait additional 3 months - so basically the 3 month goals are a bit out of date if they are saying the same 3 months goals as they did 2-3 months ago - what are your thoughts?

What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Commence mobilisation of drilling rig to Rukwa project

6 Months:
Ongoing drilling of priority targets

12 Months:
Submission of mining licence application for fast track production and ongoing exploration to grow globally strategic resource base

there really will be NO EXCUSE for failure to secure a rig to commence our drilling campaign in Q3. If this failure actually becomes reality, then we need a new leadership team to HE1 and move on and wait till they get it together.
Personally I feel they cant be this stupid, so I am extremely positive that we will have a Q3 drilling campaign on multiple targets and they just dont feel the need to tell us the details yet for some reason unknown.

really low vols - basically only around £100k being traded total buy/sell per day -

With two-days of 1-on-1 meetings matching projects to investment capital, a conference programme packed with market intelligence and investment ideas, and participation limited to investment professionals and mining executives, 121 Mining Investment London offers a highly efficient use of your time and resources.

Whether you are an investor looking for exciting new projects, or a mining company hoping to raise capital and make new connections, 121 Mining Investment is THE premier forum to make it happen.

has anyone been to any of the 121 Mining events and met Minch to discuss the project? Or has anyone had any contact with the company to try establish why they said all will be revealed by end Q1 and still no news weeks later? Someone must have some clarification to offer here.... I remain positive but there must be LOADS of people that know what is going on today with HE1... big team, third parties, curious investors willing to investigate etc.

My take is *based on CEO recently and still saying Q3 drilling plans in place* is that the drill itself has been selected and is on the way to the RUKWA area + they are using the extra time while its being shipped to site to refine the drilling targets further + and once drill at site and targets agreed with the geo-team and Minch will release RNS then with all the details.

Reason I think this is that if no drill has even been ordered then there will be no Q3 drilling plan and Minch be breaking AIM rules by not telling the market this update and continues to do presentations indicating Q3 drill plans in place. So I am taking the assumption that Minch is a law abiding citizen.

thanks for sharing - I have looked at both and the only difference between the two slides I can see is the addition of a 3rd point on the bottom right of the slide indicating a much high helium sale price due to major shortage.

Scott22 I definitely agree with you in fact I would have thought it would be fully analysed even before end of March since they finished up 25 December 2021 apparently. That is why I have been frustrated by no news at all about it. But there it is on the slide, disclosed to market ‘as is’ which is “still analysing” and then presenting it apparently the latest presentation using these slides was last week so therefore status apparently is “still analysing” and they are presenting in London in a week or so time and if they use these slides the status will be “still analysing” – so this is ongoing disclosure of project status from CEO. Question you ask is very valid; but if they are misleading the market on an ongoing basis via these presentations, when in reality behind the scenes is mass trauma to the project, I understand from general AIM rules he could be prosecuted for misleading the market? This would not be something he would get away with (given the high level of evidence that could be used) so I can only assume that something must be going right if he is in fact still presenting these slides as “current live status” ‘all is cool’ impression. If I was on the Board and understood the CEO was presenting a load of lies and that pushing a project to the market that has effectively failed in its objectives to date would resign and notify AIM immediately.
Where does that leave us now? – just have to believe all is ok. If not ok – like I said, will be fined and banned from office for misrepresenting of the reality when a CEO of a business with stocks trading live on AIM.
Make no mistake, the silence is deafening – in fact could be alarming for many and I am surprised they are so silent on news that is very much expected as facts from project – nothing forthcoming, so I suspect the drill is actually on the way, they are firming up drill plans now drill choice confirmed, and when it is at site they will say, its arrived, here are the drill plans, we ready to roll. And that be it. Q3 drilling kicks in. That’s the only way I can see as a reasonable excuse for all this silence.
What do you reckon?

Slide 11 actually says they are still analysing the data from 2D seismic scanning etc so all that will still be being assessed; once they got that all sussed, they will confirm it all along with the drill that probably would be either already on the way or arriving at time of RNS..
There is a chance “No, I am not releasing RNS about the drill we have ordered and on the way - only when it is ACTUALLY AT SITE we will tell the market. Anything could happen, the ship could sink, plus we need more time with the data so they can wait” (MINCH thinking/approach maybe?) -- if so, then it could be they would RNS when Drill has arrived at RUKWA and the data analysis has been given more time to refine the details while waiting for the shipment to arrive. If this is the case, we in for a great ride soon with all this...(and hence the silence and ongoing presentations detailing the project and expectations) - so from perspective this is a very reasonable approach to be taking at this time and nothing wrong with that at all.