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Fingers crossed for a blue finish!
Nice Skittish thanks for sharing
Looks like my ex wife's teeth
Https://twitter.com/Hakingowi/status/1786059756521599133
That link on twitter yesterday shows LB meeting Minister of Mines Anthony Mauvunde at Parliament yesterday.
This tweet shows Anthony Mavunde addressing Parliament, also yesterday.
https://twitter.com/MadiniTanzania/status/1785887204276928942
And looking at that speech he is wearing the same clothes as in the picture with LB&Co, so the photo with LB was taken either immediately before or after he gave that speech to Parliament.
Which no doubt LB was watching from the rafters.
I don't think you get invited to watch budget meetings or speeches to Parliament, unless they involve you or your company somewhere along the line in a fairly intimate manner. I'm sceptical that Tz will put any significant money into helium at Rukwa, I suspect at this stage we are likely to go it alone, but I think they will "put in" in some form for Eyasi oil and gas, my thinking is that is what is in that 2024/5 budget. what form it takes I'm not sure, unlikely to be direct cash but supply of people, logistics, resources etc.
We'll supply the rig and expertise - that is where the rig purchase comes in, pity it nearly sunk the company.
And this is what Mavunde said to Parliament in his speech -
"Under the Presidents leadership in her three years starting from the seventh month (July) we are going to implement a project that will touch two large blocks, with an area of 165,574 square kilometers which is equal to 18 percent of the entire country (and) including the 16 percent that have already been measured (licensed) adding the 18 that we are starting the month seventh in total we will grow we have measured (licensed) 37 percent and today is the year 2024 the goal is to reach 50 percent (licensed) in 2030 we have 6 more years to reach this goal"
That was a translation of what Mavunde was saying to Parliament yesterday, when LB was present.
I wonder who is to get those two large blocks?
Surely not....?
Hold onto you hats!
TrickyEFC, I donโt need your advice.
I sense you are frustrated and impatient, perhaps you sold?
I can post all I like, and I assure you I have all the patience in the world when it comes to HE1 and my investment in this business.
GLA genuine holders ๐ (Tricky appears to have sold)
Herbie derides yet again. When Lorna smiles, we all smile (apart from you).
A placing is only one option. They have cash at the moment but anything can happpen (including a placing).
Turn that frown upside down and consider some positive thinking
DYOR and GLA
Skittish - Good photo in that link. Shows Lorna working hard on the PR. You really do need to have the locals on side and she's definitely succeeding at that.
Lornaโs next comms will come when the placing is rubber stamped.
Then the nauseating smiling will commence
Not quite - languages were never my strong point, much to my regret.
And I should point out that Noble says in the Quarterly Report that they have $1.8M on deposit with Marriot in relation to the rig, from which I have deduced they still have the rig. They don't actually say "we have the rig". There is a suggestion from another source however that the Marriot rig has left the country. Sentinel is insufficiently perfect to confirm one way or the other.
No doubt the Ilemba mystery will be revealed within the next couple of months. you can't keep a major drill programme completely under wraps for very long.
Skittish, Iโm beginning to think youโre an expert in Swahili too! Thanks for your material
Pub crawl a lil patience would entail not posting numerous times every day.
Pubcrawl take a break if patience is required.
That advice is free
Iโm sure Lorna will be planning next comms very soon, if not planned already ๐
But it is a pity, don't you think that neither Noble or He1 is very forthcoming with future plans.
And we have to rely on Haki Ngowi "No1 News Personality" and "Social Media Influencer" for news of when we are going back to Itumbula for the EWT.
Not to belittle him, he clearly has high level contacts.
10p, my fortune teller advised to say no more ๐ช๐๐๐
Itโs coming ๐ช
Just a little patience needed. Thanks, Skittish for your post/ research
GLA ๐
Twitter from yesterday....
https://twitter.com/Hakingowi/status/1786059756521599133
๐Bungeni,Dodoma
Waziri wa Madini, Mhe. Anthony Mavunde akizungumza na Ofisa Mtendaji Mkuu wa Helium One, Lorna Blaisse na Mkurugenzi wa Fedha na Biashara,Graham Jacobs wakifuatilia Bunge la Bajeti ya Wizara ya mwaka 2024/2025 lililopitishwa na Bunge. Helium One ilifikisha asilimia 4.7 ya heliamu kutoka kwenye kisima chao cha Itumbula Magharibi-1 mwezi Februari kilichopatikana kusini mwa Rukwa. Kampuni hiyo itaanza mwendelezo wa shughuli za majaribio ya kisima mwezi Julai.
Which translated means that well test activities will recommence at Itumbula W in July, presumably for the EWT.
Nobles latest quarterly report confirmed that they have retained the Marriot rig - I suspect it is at Mbelele-2 - and also that the area where the drill pads appear to be being built remains a licence application. The Marriot rig IMHO would not be needed for the shallow gas cap wells only going down a couple of hundred metres.
Another explanation for the apparent drill pad preparation is that it is oil or gas related by an unknown third party. Rukwa is covered by a so far as I am aware unissued oil licence which was relinquished by Heritage around 2019.
One would have thought Noble would have to release details of all their activities in the quarterly report.
So for the time being the mystery continues.
But both He1 and Noble each have a deep well capacity rig at Rukwa and both are very reluctant to reveal what they will be doing with them in 2024.
The drill season is upon us - time to reveal all.
And I'm sure all those meetings, and LB's two trips to Tz within a month aren't just for show.
Summat is going on.
But as always they'll need cash to execute
1.3p by end of today is my guess so only a small drop. Sun is shining weather is sweet, time to put on your dancing feet. Have a wonderful weekend fruit loops.
Itโs sbout all sheโs good at.
Crystal balls and betting. Solid foundations for serious investors.
I don't know why people are trying to anticipate anything major when we have been told that the action is to take place in Q3.
I would bet on Thursday for the next operational report.
My crystal ball says Tuesday for news and close today of 1.4p in anticipation of news Tuesday
Blue Friday !
Good long weekend all!
When is Lorna making another smiley video to pump up price ?
๐๐๐
If you say it every day then once every few weeks you'll be right ... how's that last top up doing ?
Opening: 1.35 GBX +0.022 (1.66%) up today
GLA . Nice strong blue finish for the week? ๐๐