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Aerial, 6/10 I'm improving, I should go through my scribbles!!
Does look very bad from the bod no comms....specially when handover was due Feb.
esquimo
“Correct me if I'm be wrong but previous placeings” 6/10 lol ;))
bE
Sorry we overlapped, I was replying to sandals post. I don’t think you are over thinking, but really everything currently is guess work, so who knows?. I think not thinking may be the way to go! Lol
Correct me if I'm be wrong but previous placeings' have
been preceded by mates rates price drops not a rise?
The recent rise is open to speculation.
Aerial, I was thinking more about the personnel/experts aspect arriving in May?
Maybe EDL doing the same or maybe I'm overthinking!
Interesting development lets see what the outcome of the HE1 comes out,if successful then we could be sitting on a very lucrative area. RNS next week update handover got to be close.
Edenville have always been sitting on Helium as the Rukwa Rift Valley is heaving with it. Sadly EDL are not licensed to Prospect for it, and to the best of my knowledge don’t have the means, capacity or are even looking to pursue this abundance of wealth,......but somebody might!?. ...
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Underground pockets of helium gas discovered in the Rift Valley region of Tanzania are now thought to be around twice as large as initially reported, according to new research by scientists from the University of Oxford, in the United Kingdom.
When the discovery was announced last year, independent resource assessors estimated that the underground gas deposits in Tanzania contained around 54 billion cubic feet (1.5 billion cubic meters) of helium, mixed with mainly nitrogen gas. But, a reanalysis of the helium concentrations in the gas deposits indicate they may hold more than 98.6 billion cubic feet (2.8 billion cubic meters) of helium gas. Worth an estimated $3.5 billion. ...
aimhopdyor
I read a piece on He1 which said the real work (drilling) would not start until mid to end May.
Know one thing EDL sitting on 173mt Coal and now Helium, may be change of name required EDL energy lol
They won’t have done another placing yet.... they did one just the other day...
Don’t give up hope.
T
....being what it is in Tanzania and UAE, my worry is the price rise is for another reason than the hand over, i.e. a placing