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Ref: "THE RACE TO FIND GREEN HELIUM."-Wired, 16 .12.21
"Minchin, HE1: Helium One's mission has the greatest potential to hit it big. That's because the co believes the Rukwa Basin may be the site of ONE of the LARGEST accumulations of HELIUM the WORLD HAS EVER KNOWN - with a ===MARKET VALUE OF as much as $50 BILLION - enough to satisfy global demand for 2 decades. There's a looming possibility of a MAJOR SHORTAGE." [Read the background of "green helium" as it relates to HE1 in the article via link:
 Next Investors who are investors in Noble Helium of Australia did some calculations using certain perimeters eg price etc and they came out with $45 BILLION [$4.5bn x 10]. Given, there are only 2 players at Rukwa, Tanzania for green helium, the cals do appear to concur.
Hope that helps.
P.S. Next Investor's article on Noble, the peer to HE! stated that Noble will DECLARE A "DISCOVERY" on LAB RESUTLS. To-date lab results have not been released yet. But for HE1, Lorna Blaisse , CEO of HE1 yesterday [interview with LSE] stated that "INDEPENDENT ANALYSIS WAS DONE ON SITE for lab results. Dyor. NIA. Sat, 24.2.24
I came across a report by a company in south africa called Renergen which is running a similar but different operation . I am not pretending to understand everything in the report but what is obvious is that there is a mathematical formula for measuring the amount of uranium and thorium in the basement rocks and thus predicting the decay rate and the production of helium .If memory serves me right HE1 drilled 40 meters into the basement , reverse circulation which will give measurable samples of the craton . This should put to bed any suggestion that the fault(s) will become depleted over time https://www.renergen.co.za/conceptual-study-of-helium-in-the-renergen-virginia-area-south-africa
While it is great to have a 'globally unique' find, what does that mean? What is that actually worth? The world has been surviving on flows of 0.5% - does that mean there is not that great a demand for it or if there becomes an abundance, does that diminish the value of the find?
I'm not trying to de-ramp or ramp - just curious as we don't have a quantified market or market value, which is after all what we all need?
Hold a position here & will certainly let it run its route , that seems best thing to do ..
Which ironically, is what I did with the Mrs today after she had a bit of a wobble ,
So called an ambulance they said 2 hrs , yet you can get a pizza delivered in 20 mins ,
So I ordered a large Texas barbecue & got the pizza lad to drop her at the hospital on the way back , 😂
👍 best thing to do
Good luck all invested hope all continue to make a few bucks
I will cite another tweet dated 7 Feb 2024 from Helium One:
"The RESULTS we have ACHIEVED from Itumbula West -1 well, F L O W I N G helium in such SIGNIFICANT CONCENTRATIONS , has CONFIRMED a GLOBALLY unique helium producing P R O V I N C E... HE1 CEO, Lorna Blaisse."
Comment: This is the SAME DAY to coincide with Mining Indaba which I have just posted. NOTE THE IMPERATIVE WORD:
" P R O V I N C E." Anything that is a province scale is Tier 1 potentially. That is what majors look for ie province scale, hence why it is globally significant as norm.
Link: https://twitter.com/Heliumone1/status/1755130814969283013 7.2.24
Thank you for the link, thank was hard reading but useful.
Basically the article outlines the potential for significant helium discoveries in Tanzania's Rukwa Basin, and the unique geological characteristics of the East African Rift system. The article highlights the importance of understanding the specific source, migration, and trapping mechanisms of helium compared to petroleum, and the Rukwa Basin's potential to host commercially viable helium deposits, pending further exploration and analysis to confirm these prospects.
This article was written pre the latest drill in 2022.
It does also highlight the potential volumes of helium, which are big and by my calculations worth in the tens of billions of dollars.
Investors will just have to wait for the company to analyze what they've found and what the way forward will look like.
Lorna’s Reasons to Add Helium One (HE1) to your Watchlist:
1) 1) HE1 is the only 'pure play' primary helium explorer on AIM
2) The Rukwa Basin helium find is unique in quality and potential
3) Successfully proved a new exploration method for helium
4) 4.7% pure helium discovery at surface Vs less 1% with other commercial finds
5) 2.2% ‘gold’ natural hydrogen represents a secondary opportunity
6) Tanzania Government are pro Helium exploitation
Just going thru HE1's Twitter to see if I missed anything:
"The FINDINGS of HE1 was RELEASED the SAME DAY the Deputy Minister for MINERALS, Dr Steven Kiruswa at the ongoing @MINING INDABA 2024 in South Africa, RE-AFFIRMED the country's COMMITMENT on undertaking mineral surveys on critical minerals presence. [Article embedded : "Major breakthru in helium -Daily News."
This is the MST Financial Energy Forum held in South Africa in which NOBLE HELIUM attended and presented their project. It is at this conference that NOBLE MENTIONED HELIUM ONE ON MORE THAN 1 OCCASION [I counted quite a few ]. Minchin mentioned that the Deputy Minister is keen on the HE1 story as it will bring investment to Tanzania. Whether this is the same Deputy Minister, nevertheless, it will be a Deputy from the Mines division. Herein, the Tanzanian govt is taking an active interest in Helium One ie visiting Itambula during drilling, engaging with HE1 etc. From recall, the article mentioned the comments from the Tanzanian Chief Geologist on the helium rising to surface etc. IT WAS VERY ASTUTE OF OUR CEO, LORNA BLAISSE TO HAVE DONE THE ABOVE GIVEN THAT ALL THE MONEY MEN ATTENDED as the forum was organised by a Australian broker.
Interesting that HE1 wanted the RESULTS OUT on that MAJOR day as above. Link: https://twitter.com/Heliumone1/status/1755219761359659248 7.2.24
Yea…….either an idiot or a moron …..take your pick
We have clean Helium and gold hydrogen
READ ‘ em and weep shorters
MarkNewNorm, that to me states £££'s then
This is one to let ride and review the situation as it goes.
Right now the full potential is unknown. I am looking at double figures as a minimum based on what has come out officially, but how high above will depend in what comes in the coming weeks and months. A better idea might be there in Spring maybe sooner. Lorna dies want to get on with it, that has been made clear.
Note Lorna state Generational wealth for investors.
Watch the latest interview at to of this page. In fact think I’ll watch it again myself.
Trust me Juno, I know.
Don’t sell…. Hold or take some out along the way up !
Hold for gold
Know more when we get next RNS
Are we talking pounds (£££) and by when???
Very difficult to know when to sell
He has not f00ked off he has been posting the past few days
“Throughout all my years of investing I've found that the big money was never made in the buying or the selling. The big money was made in the waiting.” Jessie Livermore
Patience is the 🔑 to this 📈💪🚀
skittish knows his sh*t and was a credit to this board. unfortunately he got f00ked off with all the bull****e that people were talking on here so he’s said farewell. a good lesson to learn, don’t post what you’d like the story to be, post facts otherwise the real knowledge will f00k off.
Sourced from ST, USA. Please dont chide.
found this. a bit geological/thermo techy, but it majors on tanzania and, eg rukwa, and what an absolute beaut of a prospect(s) we have. all the posts about non regeneration and flow rate concerns are absolute bull****. apologies if you've seen already. found it a fascinating and confidence instilling read. for those who are patient and persistent, you are going to become very rich, (assuming you aren't already). there's that much of this stuff down there, you could get a deramper/short jockey by his ankles, dangle him down the hole and he could flatulate it out into a cylinders whilst closing down his short at the same time. we are going to be very, very rich.
He I think is right on the money as regards what’s happening and what’s going to happen with our acreage and he knows what I mean..spot on.
Not using the correct grammar
The interview by Lorna Blaisse, CEO of Helium One yesterday with D.L. of London South East was a nice surprise. I have been watching a lot of interviews done by Minchin, former CEO of Helium One @Director's Talk, Malcolm Graham Wood, Crux Investors etc. He has dealt with many specifics eg markets, capex etc in rather great detail. In particular, he has covered PATH TO PRODUCTION /construction within a SHORT SPAN OF TIME from discovery. Therefore, prior to Lorna's interview yesterday, that was all one had to go on.
Lorna's interview CONFIRMED the "path to commercialisation" and "monetisation" and it would appear it will be via "PARTNER [s]". From this, on reflection, I gather this has been PLANNED QUITE A LONG TIME ago, even in Minchin's time. However, Lorna did indicate that some metrics have to be worked round and I think that the result was even better than previously expected ie Minchin's time. I am not sure but I will read it again.
Suffice to say, Mather said it take 16 YEARS TO GET A MINE[in general] to the stage of production ie copper & gold. Today, Master Investor's has written a new article about the CHALLENGES of having to raise billions for capex. So, pleased to hear Minchin say capex is $50m which is tiny in comparison.
LIFE CYCLE OF A JUNIOR MINER
In the chart, just when a junior is embarking on the journey to production, investors have long gone due to the length of time as said. Here, the situation is rather UNIQUE and a great welcome. For this reason, some will not be on this journey but it is one in which , a/c to text book , tutes may enter?
Lorna said a lot happening and many moving parts. So, I think one morning, one may wake up to news akin to all the other mining plays like at Cascabel , Havieron etc. Well, that is what the American VC based in the UK has tweeted which is based on what Lorna said ie news [partner etc?]. So, herein, is the state of play. News, 23 Feb 2024 [Fri] Share price 2.45p [mid] & mkt cap /£91m. Would be nice to have more MEDIA article in days to come. DYOR. NIA.