Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Pubdrawl lay off the sniff!!
Lorna's not buying
Institutional investors not buying!
Dumb money is footing the bills!!
Up to 4.7% helium!!!
Get your facts right, if your ramping , ramp right!!!
Has never changed.
Just the discount on the entry price.
Still 4.7% Helium. Still 2.2% Gold Hydrogen.
Noble Helium firming the full Rukwa Basin up as a "Unique and Prolific Helium Producing Unlike Any Other Worldwide"
May / June time I suspect you will be paying full price for your entry tickets.
Dyor.
My plot to take over the presidency of the HE1 club is thickening, and I must wake early to make sure everything is working out smoothly.
And then this happens! My phone does the little vibration dance on the bedside table, disturbing my peaceful sleep that I had hoped would last more than a measly thirteen minutes.
Yes, it was her ! I cannot tell you the content of that call, but it’s good news. She advises to say no more.
GLA 📈
Skittish, once again thank you for enriching the situation at Rukwa. You certainly leave me with plenty of food for thought and I really appreciate your musings too.
Skittish great analysis thank you. You alluded to equipment having been moved off site, with it being wet season is the maintenance theory the most likely at the moment? It would seem the most opportune time.
I don't know what to think, I try to be logical and go off the evidence.
Noble have the begging bowl out at present, having said they were fully funded for their shallow well pilot plant. I wouldn't have thought their shallow wells would have needed a rig such as the Predator, and personally I'm not a fan of the lease out theory, cost implications if the rig were to fail drilling a 3rd party well.
So quite a bit of rigging/derigging support equipment may have gone 'awol' - find where it is, and that may be our next drill target.
Of course if the next set of images show equipment has returned then we then need to reassess the conclusions.
You think it might have been hired out to Noble, skittish? Or you have another idea, genuinely be great to know what you are thinking. Thank you for the images and info!
Of course, without wanting to extrapolate too far, from a few grainy images, the implication of these latest images is interesting. There could be a number of reasons for support equipment leaving the pad areas, maybe for long term maintenance in Mbeya prior to the new drilling season, or maybe it was on lease and is no longer required but the sort of equipment which appears to be represented by the black blobs which are no longer present, diggers, cranes, flatbeds etc is the sort of equipment which during 2023 tended to follow the rig around for dismantling and reassembly. If subsequent images show that the pads are indeed clear of much equipment, then the implication is that they are required else where for reassembly, and that the rig...well, I'll leave that to your own conclusions. Pending confirmation, and just a hunch at present...
Part 2
Contrast with Tai-3 where we were treated to an array of good images, such as this
https://www.flickr.com/photos/194934344@N06/53372150871/in/dateposted-public/
Why so secretive now? Anyway back to Itumbula W - the key thing is that the four back blobs surrounding the pad area now appear to be much diminished and number just one, perhaps two, with the cement hoppers and tanker possibly still being present. So it would appear that recent activity is that some of the white containers were removed from Itumbula SE around early March, followed by various bits of equipment first half of April, and in the last week equipment appears to have been removed from Itumbula W. So where has it gone, and has it gone permanently or is it just temporary? Only time will tell the latter, and as to the where, well it hasn't gone to Camp Rukwa. Tai-3? Maybe, some earthworks there but I'd still say these look agricultural rather than He1 related, and the pad looks so far as I can tell a bit neglected, but impossible to say until some black/white blobs appear or the area turns green suggesting crops growing. At present it is just a brown cleared area. So at present nothing can be determined, save that we know LB & Co were in Tz around 10-4-2024, and there has been some activity at SE and W since that date with equipment being removed from both pads, but to where is yet to be determined. As of 16-4-24 the Eyasi licences remain approved but not yet issued.
It does look like the rains have finished in our part of Rukwqa this season, the area has been generally clear the last few weeks with much of Tz free from cloud today, although there is presently a storm moving in from the East. It looks like the 2024 ground activities actually commenced a couple of weeks ago. Not that I'm expecting confirmation from He1 just yet. In 2023 it took them some 8 weeks to confirm that ground activity was actually taking place, even though it could be seen on Sentinel.
Part 1
A quick update on activities at Rukwa up to yesterday. These are the Itumbula W and SE pads, top 6 days ago, bottom yesterday
https://www.flickr.com/photos/194934344@N06/53668239891/in/dateposted-public/
Taking the SE pad first this latest image seems to be confirmation that some of the white containers, presumably offices and accommodation were removed in early March, followed by items of equipment around mid April - the "blobs" on the W part of the pad are no longer present in the images of 15-4-24 and 20-4-24. Some equipment remains in the SE corner of the pad and the cellar area is visible as a black "blob" in the centre.
https://www.flickr.com/photos/194934344@N06/53647475594/in/dateposted-public/
The W pad also appears shows some recent changes over the last week or so, although we would need confirmation with another image to be certain and there seems to have been a little high level cloud yesterday which slightly obscures the image. This is a series of images taken between the beginning of March and mid April, showing a couple of white blobs on the pad, one in the middle and one towards the S part of the pad, these appear to be respectively cement hoppers and a tanker.
https://www.flickr.com/photos/194934344@N06/53647599215/in/dateposted-public/
How do we know this? Well from this image
https://www.flickr.com/photos/194934344@N06/53544301885/in/dateposted-public/
tweeted by He1 in early February 2024, one of only two images of the pad, both from a distance and at ground level. There have never been any images of the Itumbula SE pad.
Https://www.msn.com/en-gb/travel/news/sirius-aviation-unveils-world-s-first-hydrogen-powered-vtol-business-plane/vi-AA1nb74B?ocid=msedgdhp&pc=U531&cvid=7e5cc68a7f134009a2a02cd8cf59ad1a&ei=23
Heres another use for our hydrogen, which does not get much of a mention, but for me is the way to go for future cars etc.
I hope I am here to see all this come to fruition. . SP will not be p`s but £`s
GL LTH`s
Shares traded up a little on US OTC yesterday. But volume very low. 20k shares traded with total cost of those shares about US$300. If Helium 1 does rally, I am not sure there is liquidity here to sell a significant amount into an up move. I could trade on AIM for an extra US$75. If shares were at 5 cents that would be 1500 shares just to make a trade.
I am the disco
I am the light
You know
Like the big dipper
Zak Mir’s take on He1 at 7 min 33 sec ish
https://youtu.be/6dth5NGWuGU?si=VbAZzb2DtmLwCq_H
If anyone is interested in tech analysis
GLA 📈
It's £10 more than we're earning on shares
:-)
Double time today Pubcrawl enjoy earning you £10 an hour wage sat in your bedroom still living with mummy and daddy 😂😂😂
Well put, PJ, derampers are the Gargamel’s of the HE1 board.
Agreed Pubcrawl, wonder what is in there thinking ,when trying to think what Lorna ,a next move is,
maybe thinking of a Smurf Village life , certainly far removed from reality.
Glah
I think everyone's seen that now - as you've posted it 18 times already! Maybe you should go back to what you do best, you know, Lorna, socks, whatever.
Liberum’s 31 page PDF from 15 March 2024
https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf
Useful for any new investors 🧐, as a reminder for HE1 investors 💪…….. or perhaps for the deramping patrol 🤦 to actually do some research before they post?
GLA 📈
PC seems to have his critics in a cage and just enjoys poking them with a stick just for laughs.
His posting is a little over the top but no worse than those derampers.
I think the reason to buy now will become clearer as the year progresses.
What will the SP be as we approach production?
Wouldn't bet on it, not with PubCrawl in her corner!
Would like to see 1.6p by the end of next week. Surely 2p by EOM isn't beyond possibility.
Dont want too fast a rise as it only attracts the derampers.
DYOR and GLA