Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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Here’s a remainder of the 31 paged PDF by Liberum
https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf
Perhaps some bedtime reading for the derampers and once deciphered this and they may awaken and realise HE1’s potential.
GLA 📈
Rocket O’Sullivan knocked out by Bingham, this can only mean one thing……
… He1 market sentiment will reach all-time highs and the SP is poised to rocket anytime.
GLA 📈🚀
Now we are in May the raining season is coming to an end, won’t be long now. What’s more concerning is we still don’t actually know what the plan is going forward.
Are we just testing the well or are we drilling more holes? Really wish they would just update us and get any funding out of the way so we can then build on a solid foundation for the sp.
This is a BB for discussing HE1 share price movement and Company news!
So children go vent somewhere else!!!
Let’s hope for a nice strong open tomorrow morning!
Gla
The Tanzanian government have a #go big or #go home mantra. They have cancelled thousands of mining licenses recently. There is a huge will in the government to capitalise on the precious resources they have in the ground, however they are looking for big players. They also have a huge drive on to promote indigenous investors to increase the scope of investment from Tanzanians. Given He1 successful exploration in the Rukwa basin this has caught the eye of senior government ministers and the potential for their country to become a major world helium player. Lorna is mixing in all the right circles and the next move with EWT results will determine the route to commercialisation. Let’s hope it’s the right one for all us long term holders. I certainly wouldn’t want to be out of this right now and will wait patiently for Lorna to deliver. If it does dip in the meantime I will be topping up.
I do now, they are external stakeholders who can effect the company in different ways by the polices they have. Luckily they are all for HE1 in Tanzania. It would be nice if they payrolled the plant that needs building for extracting the Helium. They would be making money on the plant and in taxes, they would be in a win win situation.
The Tanzania Government are stakeholders. Nothing on HE1 website to say they hold shares.
A great opportunity to meet with Government stakeholders and talk about future plans for our Rukwa project.
That dont have a "comprehensive plan" - hmm > maybe a hint for Lorna to get on with it and come up with a comprehensive plan - maybe in the conversations when govt minister visits and talks to Lorna they think this is going nowhere, going to take 100 years to mine this place for Helium the pace HE1 are going - I also take that comment as a possible get on with it urgently" to He1 and Noble...massive areas of land we lending you and you put a tiny little pin in it all. 'We need bigger and faster guys' - maybe thats a message?
Bezinio that's funny ,,, lol.
Niel777, pubcrawl and lorna ..
On the bounce .
Castle
But skittish, NHE is a case in point, they are struggling to raise cash and, had the Itumbula drill not been mildly successful He1 might well have gone totally tit's up and incapable of operating their license.
Having said that I do largely agree with Skippys - it is all for Tanzanian voter's / populace consumption, it is highly unlikely to ever transition into a reality
... but it's mainly politics. Government tells people they have all these amazing assets and they will do what's needed to make that work for Tanzania. People ask questions about why nothing is happening. Government talks tough.
I wouldn't expect the soundbite to result in policy or visible change to reality.
Is there anywhere you can get a Market cap value graph for any share opposed to a share price graph?
Agreed - summed up by;
Sh*t or get off the pot
That would be one logical application of the policy, yes.
What actions or investment might be considered to be "added value" is a moot point but I suspect it would include infrastructure, employment, internal distribution, conversion of primary industry to secondary industries, joint ventures with local businesses, generation of foreign currency etc
It might also mean that, going forward, it might make it more difficult smaller enterprises like He1 and NHE from participating in those licences because without the guarantee of future funding how can smaller companies ever provide the guaranteed outcome that they have set out? Hence the charm offensive by LB perhaps.
Yes Skittish your point about getting rid of the 'lazy holders' so to speak - is clear - very good point - thanks for that
Its almost as if they didnt need to be said; I would have assumed that the deal anyway - most businesses should have a thorough plan and roadmap before they get to stage to invest and one would assume the associated benefits for Tanzania would come with that too - remember there is a 16% free carry as well as a 30% tax rate - so its there assumed - I feel they are having to make a point to be saying those things and I am wondering Why they actually felt the need to make those statements
TS, no exactly the opposite. They want the He1's and Nobles with a proven track record of raising capital. And He1 have their own rig!!!
What they don't want is the loafers and shirkers who sit on licence applications for a decade and do nothing. That is why the Mining Commission has recently taken over a thousand mining licences including 50+ helium licences, and ejected their sitting but lazy tenants.
See my previous posts for what is really going on, and the Eyasi gas, oil thingy.
So CrustyPete what you saying is that you reckon that a warning shot to bigger players as they hover around Noble and HE1 looking to take them both out - "thats possible, but you must show prove of benefit for Tanzania and a Clear Associated Roadmap"
I think that means that, irrespective of your size (small companies excepted) any company that applies for a mining license will be expected to articulate a route to market and fund the development of any assets they are looking to mine and demonstrate how Tanzania and its population will benefit from that development - even if that means re-investing the proceeds into the Tanzanian economy.
I am not sure that this would apply to a company the size of He1 or NHE as it is difficult to see how they would qualify as a "medium to large scale operations" by anyone's judgement. Their lack of scale determines their need to keep running cap in hand to the market for funding at every and any turn..... It surely hardly breeds confidence on the part of the Tanzanian authorities that they will be able to complete on the development without continued bailing out and, probably, an eventual sale; or "cornerstone investor". RJ, CP - ring a bell?
Https://www.linkedin.com/feed/
they are clearly very pleased with departmental on goings
Regarding statements below could it be interpreted as they wouldnt go down the HE1 and Noble route again given the struggles and slow pace for small time outfits? I would be keen to read other people's interpretation and context of these statements.
“With immediate effect, we will no longer issue mining licences and special mining licences for medium and large-scale operations involving all minerals, including strategic and essential minerals, to any investor who does not have a comprehensive plan to add value to minerals in our country,”
“The aim is to ensure that our country benefits from the abundant mineral resources we are blessed with.”
EMS is calculated quarterly and is based on 2.5 per cent of the security's average daily turnover in the preceding year.
I can only assume it has pushed up because of the amount of trades over last 3 months
Yes I know what EMS is, does anyone know why it’s doubled ovenight?
Seems a long way off in these markets at the moment. The rains have been heavy, we have no sense of any issues they may have caused. I think we are weeks away from any significant news, maybe summer when rains are done and work can begin in earnest.