Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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I noticed that but HE1 haven’t been out there for 8 years
2016 that article 🫣
We do need to stick to the facts we have 4.7 % Helium and 2.2%Hydrogen !
Lorna attended Africa Energy Summit to present these findings.
This may go up or down tomorrow who really knows but this is going to fly long term to the most rewarded share on Aim ever. ! Exciting times! IMO
DYOR only buy what you can afford to loose as with any share!!
Gla Hold for Helium bring on EWT
Https://www.thecitizen.co.tz/tanzania/news/national/tanzania-to-start-helium-production-in-2025-3772132
If you doubt shut the door behind you on the way out.
10p is coming by xmas!!
Https://africanminingmarket.com/tanzanias-major-breakthrough-in-helium/17811/amp/
Helium one could well be the largest supplier of Helium in the world going forward. They’ve made their play and the government love them.
Multi billion £ company going forward without a doubt!
A bargain under 5p.
Helium is on a critical list .
4% plus hydrogen is massive. Lest we forget.
If you stay you make money. Simple!!
They recorded concentrations of 10%+ via seepage. I strongly suspect that they're seeking higher concentrations by drilling deeper into the basement. If they hit higher concentrations combined with a good sustained flow rate the SP will head into orbit faster than sh x t of a shovel!
Good thing is we will get a TD and wireline completion RNS's that will confirm the aforementioned, before they even think about rigging up for well test. The well test is side blinding people (although its obviously extremely important) for as I said, this could fly upon a wireline results RNS
Investors need to get familiar with the drilling process....
"Mosher told MarketWatch that shortages of the commodity have driven prices higher by 800% since 2018."
source: marketwatch.com
With world class concentration smart money will load up over next few weeks into July testing, cash worries was the only reason this was being held back
Nothing goes up in straightline but volume is crazy it will not hang around this level for long
🚀🤡🚀🤡🚀🤡🚀🤡🚀🤡🚀
Agree or not, HE1 will multi bag once positive results from EWT and JV, a given IMO. It’s a matter of time. Not into those who trade a share on highs and lows, I am in it for the end goal. Each to their own, but I know those that have the patience will be rewarded. Ignore the noise, I’ve filtered many and it’s so much more peaceful.
"The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd."
Best of Luck - especially the LTHs, or those joining for the long term potential of HE1 📈🚀💪💰
@Patshare, Mind The Gap...
Seen people mention filling the gap, so I guess the chartists will be watching..
https://invst.ly/157upf
And RSI showing oversold, something else to temp
https://invst.ly/157upz
And hopefully some good news for the fundamentalist
I’m hoping it’ll be £1 by Monday lunch time….
Then I’ll be retiring on Tuesday
2p on Monday could easily happen on Monday.
From my experience when there’s a lot of hype on shares like there is in HE1 this will keep going for a good few days exactly like Eua.
Traders are in and there’s a lot of hype we are trading high on the HL leader board so myself and a lot of others will be watching with excitement on monday
@PatShare, the mention of £172, I had to check it out...
So both DM and Lorna achieved two extremes
DM £172m
Lorna £2m, but what upside did that create , x17, clever.....
Whoever has traded this smartly from the start has made a fortune...while others have lost their shirts.. Its been an expensive education...
Dr Elisante Mshiu who doubles as the President of the Tanzania Geological Society (TGS) noted that concentration of 4.7 per cent helium as per the finding signals existence of huge volume of the rarely critical mineral.
“Concentration of 4.7 per cent is massive ?
so we can say this person is well in with the TANZ GOV ? and to make such a statement as MASSIVE should give us all hope of off take agreement, and money pumping in from the government themselves as soon as the project is confirm commercial with this EWT in 2 weeks or there about
looking forward to some exciting news flow before the end of this month, THO'' and to a SP that could well run back to the year high of 4.90p with momentum and regularity of the news flow for the rest of the year..
but we won't count our chicken yet until we see what Lorna does next for SP stability, and to build back the confidence she lost with investors after such a shock , the next update had better be good LOL!! as she could get MILKSHAKED like someone in the news last week, go on have a laugh it's weekend...
2p on monday ha ha ha
I'm expecting to be on Monday
What a manic 2 weeks EUA last week, here on the placing, out in a couple of hours, EUA again and back in here Thursday.
I’m pushing my luck, but surely this has to hit 1p to get that market cap back, the market cap also should reflect the 8m placing money.
Charts, will only get you so far, sentiments and the herd are key from what i have learnt very quickly.
I’m expecting 2p before the month is out!!!
Smart money will just load up pre testing in a few weeks and if another positive result then another 10 bag potential.
Price was 1.5p-2p not that long ago so who knows how high it goes pre testing
"We are on track to commence the EWT early in Q3 and have commenced the mobilisation of equipment required to perform this work. The rig is currently hot stacked on the Itumbula West-1 well pad, where the well has been cased and suspended and to enable a quick re-entry. We plan to deepen the well by a further 100m-150m to intersect more fractures within the shallow section of Basement, prior to commencing the important phase of testing."
For those who like a chart… https://x.com/MajestictraderA/status/1801963049470869971 👀
I’m buying as much as I can afford to lose under 1p worst case scenario, I lose the lot, but don’t think that will happen, I’m expecting 2p before years out. GLA