Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Https://www.linkedin.com/company/helium-one/posts/?feedView=all
nice !
I think there needs to be an update as to the state of the sites/equipment after the downpour. Has the rain had an affect? No rally until then.
A helium reserve as large as the one estimated by scientists would be a huge win for us investors. If things go well over the next year, I see the share price back at the 52-week highs, around 10p.
GLA 📈
Excellent analysis, thank you skittish 😊
Thank you my good man..
Latest from Rukwa! Unfortunately the latest images from our part of Rukwa, 25-4-24 although generally cloud free did have cloud covering much of the Itumbula locations, so unfortunately there was no confirmation that much equipment has now been removed from the Itumbula W and SE pads, although from the images on 20-4-2024 I suspect that is the case.
Of more interest is goings on in Nobles neck of the woods - they said some time ago that they were fully funded for a couple of shallow wells at Mbelele-1 area perhaps down to 100M+ and a pilot production plant. so far as I am aware they haven't mentioned a deep drill campaign but have recently been in funding (begging bowl) mode - for what exactly? Do they still have access to their rig? And to what end? Well whilst mooching around Rukwa I have noticed that someone has put onto Google Earth a locator marked "location 2". No idea of who or why but it has piqued my interest over the last couple of months. Now close by that location is this, images from Maxar 1-23, Sentinel 2-24 and 4-24
https://www.flickr.com/photos/194934344@N06/53684366930/in/dateposted-public/
Now that looks to me much like a roadway and hints of a pad area. Further inspections and comparison with Maxar from 30-1-2023 reveals that these new roadways are actually new and have been constructed in recent months
https://www.flickr.com/photos/194934344@N06/53684936944/in/dateposted-public/
Construction actually appears to have begun with the initial roadway as long ago as October 2023 and then continued at a slow pace until interrupted by flooding around December 2023. construction again started around February 2024 and this is the position a few days ago on 23-4-2024
https://www.flickr.com/photos/194934344@N06/53685056655/in/dateposted-public/
There are hints of 3 pads under construction, with the central part of the roadway not yet built, this area was underwater for all of January, so they're possibly waiting for it to dry out. Do we know for sure that this is Noble? Well, no BUT - this shows the possible new drill locations with Noble new licence applications, and the new locations fall slap bang in the middle of one of the new applications.
https://www.flickr.com/photos/194934344@N06/53685080680/in/dateposted-public/
The Tz Cadastre Mining Portal shows these licences having been applied for by Noble but not yet approved or granted, so quite why Noble would jump the gun I'm not sure, unless the mining portal was out of date and the licences have actually been granted.
But if drilling is to take place it this location it is significant as it is within around 1km of He1's licence area here,
https://www.flickr.com/photos/194934344@N06/53683857337/in/dateposted-public/
Overall view showing the fault indicating that noble would be drilling a BMFC again
https://www.flickr.com/photos/194934344@N06/53683755667/in/dateposted-public/
Strop, it's all good I was really just having a laugh, the main thing is we keep the + news feed up.
ATB GLA DYOR
Apologies Mad. Was on my phone and it wasnt updating the page properly. As soon as I posted it did update and I couldnt find a way to delete my post. No malice intended mate.
Yeah lol, Mad did post it first here.
I have no doubts about the reserve estimates, scientifically proven by Oxford / Durham University.
Sections of the Tanzanian East African Rift contain most, if not all, of the prerequisites for an economic helium province. Noble gas data from gas seeps in the west and east branches of the Tanzanian section of the East African Rift System contain 4He concentrations of up to 10.5%. This, combined with the potential 4He generated by the Tanzanian Craton and surrounding mobile belts of c. 7.0 × 105 BCF (2 × 1013 m34He (STP)), implies that even with inefficient release, migration and trapping, these regions could provide high-helium concentration reservoirs. In the region of the Rukwa Basin independent prospective resource estimates undertaken on behalf of the operator and their financial backers suggest that there is a P50 (best estimate) of 138 BCF 4He (2.78 × 109 m34He (STP)) potentially trapped within existing trapping structures (Helium One Global 2020), which, if recoverable, would alone supply the current world consumption for 14 years.
GLA 📈 simply a matter of time
Strop, Come on give a man some credit !! I posted that on here at midnight last night 🤣
Just need the findings confirmed ,and it's BOOM time
Credit to Jammy on another board.
https://geoexpro.com/helium-the-birth-of-a-new-exploration-industry/
Can’t wait for Q3. It’s going to be a huge point for the business. Will be able to finally announce a commercial discovery and put a number of the quantum of gas reserves.
Going to start getting exciting over the next couple of months
Https://www.accuweather.com/en/tz/sumbawanga/314447/weather-forecast/314447
Interesting article and opens with pic of Tai3
https://geoexpro.com/helium-the-birth-of-a-new-exploration-industry/
Sorry.. meant flooding is now..
“Most people are too fretful; they worry too much. Success means being very patient, but aggressive when it’s time.” Charlie Munger
Feck Off. Binned
ATB GLA DYOR
😂😂😂😂 a deramper posting links without even checking the dates of the posted article, brilliant!
Mad, Have you read the article and looked at the date?
Old News 5 weeks ago really
Old News 5 weeks ago really
No it’s now
That was March 26th?