Yes it is, the company have stated multiple times that anything around 0.5% is fully commercial. And as seen on HE1, "multiple" was a lot more than 4x! |
Muted share price response to great news?
Or do we need further testing?
Suet |
Times that by 4, still not commercial. |
0.13% helium is at the low end of commerciality, but that's only the diluted flows in the drilling mud! The undiluted flows should be several times higher! |
Jungmana. My bad. Got hydrogen and helium data mixed! |
https://www.proactiveinvestors.co.uk/companies/news/1060487/helix-exploration-says-rudyard-significantly-surpasses-expectations-1060487.html |
Anyway those trying to compare with he1 there is their full TD rns for Itumbula. So far Rudyard beats it |
Don't be stupid , here us the full rns. We are talking helium shows not hydrogen |
Purple, this is looking great. As I said Itumbula at this stage only had 20 times background helium level. |
See HE1 rns of 25th January which was the TD rns . The same stage rns . That's the one you should compare to. |
250 times background equates to 0.13 % by volume (250 x 0.000524 for ambient air). Is that sufficient to be commercially viable ? |
I was a he1 holder , this initial Rudyard results is better than than Itumbula well.Itumbula drilling in mud helium shows was only 20 times background level.The helium content will be known in a few weeks on flow test and lab analysis. But so far is a lot higher than the initial Itumbula results at this stage. |
They will be known with wire logging. Figures currently are diluted taken from drilling muds. |
fantastic results so far. better than expected for RUDYARD |
purple - stick to GEX!
operations are continuing ...this is the start not the end |
I think terms like " X compared to background" are meaningless unless we get some sort of indication of the percentages. Something that is extremely rare, being 200 X background does not necessarily mean its present in worthwhile quantities. |
Souris River (5,062ft) up to 893ppm (170x background)· Red River (5,192ft) up to 1,312ppm (250x background)· Dry Creek (5,258ft) up to 1,006ppm (190x background)· Upper Cambrian (5,340ft) up to 573ppm (110x background) |
Rns - 330ft potential gross pay. |
Great helium levels in the mud.And Clink results "shortly"! Sounds like early next week at latest? |
RUdyard better than expected so far. brilliant news. |
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