Member Info for TwoHearts

That wasn’t the initial trade.
The initial trade was 500k then cancelled.
Then 1m (cancelled), 1.35m (cancelled), 2m (cancelled), 2.4m (cancelled), 2.6m (cancelled)
Everyone timed at 08:03:10
At present 3m still printed.
I suppose it was all designed to keep the SP from mad swings

The only thing that will get this off its a**e is news via the proper channel.
A solid RNS explaining their plan should see a 40% immediate uplift.
Director T, Twitter, …etc won’t work for them now and like we saw will have a detrimental effect on the SP.

https://twitter.com/heliumone1/status/1427618856885948430?s=21

This is a massive benefit to them, they will get a load more shares with the current VWAP x 90% then they would if the
VWAP ˜ 26p.
Roughly 3 x more

From Admission document

8. REASONS FOR ADMISSION AND USE OF PROCEEDS
–––––––––––––
Proposed Use of Proceeds
Item
Costs of Admission (£) 650,000
Working Cap/G&A Exp. 2,157,710
Infill 2D seismic work. 692,300
Licence fees. 569,230
Fieldwork. 192,300
Drilling 1,461,540 (487,180 per well)
Well evaluation. 276,920 ( 92,300 per well)

Page 36
http://www.helium-one.com/wp-content/uploads/2020/11/259989-Project-Apollo-CLN-reduced-memory-Final-13.11.20.pdf

04/12/20 £6M placing RNS

Fully funded for exploration programme commencing in Q1/Q2 2021 consisting of infill seismic acquisition and three well drilling programme targeting high priority Prospects over the Rukwa Project

16/04/21 £10M placing RNS

Whilst the three well exploration programme remains fully funded from the Company's existing cash resources, additional funds raised at this time will now enable the Company to contract the drill rig to allow appraisal drilling to take place immediately following the anticipated exploration success.

Contracting the rig now will keep the rig on site and save an anticipated c.4 months or more of drilling downtime and c.US$500k in rig mobilisation and demobilisation costs.

The proceeds will also allow for the mobilisation of a 3D seismic programme to maximise anticipated reserve to resource conversion andwill fund the costs of a feasibility study as well as working capital and licence fees.

-- Appraisal well drilling: GBP2.4 million
-- Enhanced well completion: GBP0.5 million
-- 3D seismic programme: GBP3.8 million
-- Feasibility Studies and licence fees: GBP1.2 million
-- Additional operational contingencies, working capital and expenses: GBP2.1 million

Is pay attention to DirtyDozen13 posts, (s)he know more than they’re letting on!
Don’t you? ;)

Not forgetting the ready to IPO, Metal One Plc.
£3.7M worth of (yet listed) shares taken by Bluejay Mining (JAY),selling their battery metal prospect in Finland to Metal One.
JAY yesterday took a 51% partner onboard, in another prospect of theirs in Greenland, KoBold.

Principal investors in KoBold include Breakthrough Energy Ventures, a climate & technology fund, overseen by
Bill Gates, and whose investors include Michael Bloomberg
Jeff Bezos
Ray Dalio.
Other investors in KoBold include

Andreessen Horowitz, the premier Silicon Valley venture capital fund

Equinor, the Norwegian state-owned multinational energy company.

Who are METAL ONE PLC??
Only the usual suspects behind HE1, HEV and HGEN
https://find-and-update.company-information.service.gov.uk/company/13158079/officers

Thats were HEV no ride to HE1s rescue.
Look at some of these timelines that I’ve had my eye on.

08/07/21 HELIUM VENTURES has been admitted to the Access Segment of AQSE ("Admission")
following successful completion of a fundraise of GBP924,000, at Admission.

11/07/21 DIRTYDOZEN13 posts
“ How do I buy stock in Helium Ventures?

Seems to be they are getting ready for a placing byHE1.

Thus limiting dilution amongst a tight knit group of people.

CR after a few announcements. HEV ready with some debt raised to invest for equity in He1. Insiders and all that !!

Wait a few weeks and see what happens.” This doesn’t come across like someone guessing

12/07/21 HE1 RNS
“ Mitchell Drilling has been unable to recover the lost drill pipe from the hole to date with subsequent delay to drilling operation resulting in the management decision to sidetrack drilling from above the lost pipe at 483 meters”

Coincidences???

I can’t see Mitchell Drilling twiddling their thumbs waiting for months, they’ve got a 3 well exploration contract to complete.
They’ll want to be in and out of Tanzania as soon as possible.
We now wait and see if they are going to put money where their mouth is.

“Mitchell Drilling may give notice at any time after the results from the first hole are announced to take payment in equity for the drilling of the third hole in the programme.
The Shares will be valued at a 10% discount to VWAP (volume weighted average price) calculated from commencement of hole one to the date that the equity notice is given.
Additionally, the parties may agree to drill a fourth hole for equity, with shares valued at a 10% discount to VWAP calculated from commencement of hole one to the date that the second equity notice was given.”
RNS 22/03/21

Previous Unrisked

HELIUM PRICE ($/mcf)
$250. $325. $450
12%. 128p. 178p. 228p

Updated Unrisked

HELIUM PRICE ($/mcf)
$250. $325. $450
12%. 96p 134p 171p

Sussexmagpie, here’s another photo taken approx. 14min later.
You can clearly see him nearly 2m in the air!
I do think, if I’m not mistaken, they look like Chinese Flag balloons he his holding.

https://share.icloud.com/photos/0ehlpm2B6tMYkUSM5Rn4QMjkA

Total too, in block 58
https://www.lse.co.uk/rns/TTE/suriname-totalenergies-announces-another-successful-well-in-offshore-block-58-7kbktz7ir6aup50.html

Here you go!!
https://twitter.com/heliumone1/status/1419646335758782467?s=21

Thanks Dia for that H&P Helium One Equity Research document.

If you look at page 6 and in the first box , just below the red lettered’NAV’.
Concentrating solely along the row titled ‘Tai (Rukwa)’.

They have gave a RISKED US$ value of $38M (£27.4M) divide by 670M (shares and warrants) is 4p.

Then an UNRISKED US$ value of $290M , (£209M) once again divide by 670M is 31.2p

I understand how H&P came to $290M but what I don’t understand is why they used $58 for “NPV US$/mcf”

They state
“ In our base case scenario, we use a helium price of US$250/mcf long-term flat from 2021 and a 12% discount rate from 1/1/2021. ”
So surely they should be using US$220 (£159) /mcf instead of the $58.
Then I get the unrisked value for TIA to be 5Bcf x 16p/cf = £800M (£1.19 per share)

Test

DIRTYDOZEN13 are you Ryan Paul Neates an Australian Accountant?

If so, your company, Orana Corporate LLP received 5,000,000 Helium Venture shares for 1p
I believe the admission document to have an error on page 36, under RELATED PARTY TRANSACTIONS.
“ ….including 100,000 shares to Ryan Neates..” this should read 1,000,000

You also on the 16 June 2021, according to this document, 1,000,000 founder warrants, “ Each warrant entitles the holder to subscribe for one share at a price of £0.05 for a period of 3 years from grant.”
https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:f75afa0a-f867-4780-a391-ecc66eed335d

…and today (13/07/21) you incorporated the company “Hydrogen One PLC”, similar setup as when you formed “Helium Ventures PLC”.
https://find-and-update.company-information.service.gov.uk/company/13508782/filing-history

So are you? “ Insiders and all that !!”

Kevin an England win won’t pay for my retirement, carefree lifestyle nor my island in the sun.
HE1 5 ENG 4 UKR 0

Test

*look *p i s s e d

In the void dai’s jokingly saying he sooner luck at Lorna than DM.
Dai had to somehow link Lorna in but use DM.
So he used the words ’hairy’ and rhymed ‘biased’.
Thus being able to bring Lorna into the frame and because she’s pretty, hence “Pretty Biased’
Is that right Dia?
I think he’s ****ed! ;)