We would love to hear your thoughts about our site and services, please take our survey here.
…surely not
07/07/23
Lorna Blaisse, CEO of Helium One, Commented:
"Whilst frustrating that a definitive contract has not been signed…”
10/07/23
Lorna Blaisse, Chief Executive Officer, commented:
"We are delighted to finally have reached this significant milestone of securing a rig for our Q3 drilling programme in Rukwa...”
Here’s the Dec 2020 one, too
https://cdn-ceo-ca.s3.amazonaws.com/1funjk8-Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf
On page 2 of that link, it gives 31p for Tia.
So 31x 1.6 ( increase helium price) x 0.5 (shares in issue)
24p, so roughly the same
I got them off my computer, Hannah and Partners, dated 14/12/2020.
I see there’s this on dated 2021
https://www.helium-one.com/wp-content/uploads/2023/02/21-09-08-Hannam-note.pdf
Asset: Kasuku (Rukwa)
NET bcf: 4
NPV US$/mcf: $51 (possibly $80 today)
Unrisked US$m: $226 (again today $320)
Unrisked £/sh: 0.15 (possibly 0.24)
Then there’s the Rukwa follow-on
There are several follow-on prospects that would be
derisked in the event of positive drilling results (even possibly in the case of a
non-commercial well) – we do not currently include any value for these but to
give a sense of the scale, there is in total 138bcf of unrisked resource on a P50
basis; on a risked basis this equates to ~14bcf, which at US$50 ($80) /mcf NPV would be
worth US$700mm (now $1,120mm)
* in my calculations I’ve included a 60% rise in helium and 100% shares in issue
You’re right mate, derisking the Rukwa is massive for us.
I’ll see if I can get grumpy happy with the post I’m about to put on the other board. 😂
Dia, Take no notice of that grumpy get!!
Dia Get your passport sorted and I’ll meet you here
https://maps.google.com/?q=3CJX+CGJ%20Manyanya%20Inn,%20Along%20Esso%20daladala%20station%20New%20Mbeya%20Forest,%20Mbeya,%20Tanzania&ftid=0x19009f8fbdd2dc4f:0xb5040d38eed267c9&hl=en-GB&gl=uk&entry=gps&lucs=,47071704
The money we’ll spend will be insignificant once we’re both on the inside.
PS I’ll bring the suncream ☀️🏖️
Replying to jemgeee post
“They cannot announce TD because again they have not reached TD as there are problems getting through the rock and the quartz to get TD.
There is talk that the piece of kit that they have is not the correct drill for this type of well.
Make of this what you want.”
This could be true, however, the past two days of volume. ( ≈20M combined) is too low.
That would easily be 6-8 times more.
Sorry Wyn I disagree, those large shareholder's, you talk about, will be easily sitting on a free ride since early July.
The massive swings both up down, down up (repeat 5 times) will have seen to that
7p-4p(43% swing) ; 4p-10p (150%) ; 10p-4p (60%) ; 4-6 (50%) ; 6-5 (20%) ; 5-6 (17%)
The ITKs have 7 bagged this since then.
Trust me they’ll be sitting pretty!