Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Oil will be increasingly available as cars become electric, and coal is in the ground in plenty,why do they not expand their horizons and help save the planet?
Just be some reason,perhaps cost of implementation lies at the heart.
My £100 punt. 3 years ago has shrunk to £15.
My research uncovered. An established company with a functioning method of converting waste into electricity.
Unless they emit gas that is helping global warming I do not understand why they are not booming!
Please enlighten me
The Shell oil and gas exec planted on He1 board will steer us to being the world leader in Helium, and I believe he is behind the sales which have held back this share so that a takeover can be achieved at a realistic price.
Watch us gather the assets to be ready..........
5 years ago Shell turned into shell oil and gas, the share at £25. has grown WHY ......petrol
is being phased out...unless they are changing focus.,............
IMHO they have planted a man on He board to steer us to a takeover.
Bought in Shell..one share for now.
An ex Shell exec is newly on the board of He1.
They are on t he cusp of uncovering the biggest helium find ever, capable of meeting the growing world demand on it,a own.
Hugely profitable too as it is Nitrogen and Helium alone and the he will be between 2.4% and 10.6%.
A great fit for Shell oil and gas .
Bought one share..... Waiting on He1 explosion this year
Chosen word.... exploration is risky.
But they have their own drill and it was Dr-risked in 2021.
With an ex Shell exec now on the board this giant company has the wherewithal to acquire and develop this world leader in Helium.
With oil revenues due to decline sharply it makes sense to diversify. I am of the opinion that the he1 company is holding back the S P because a offer of 85p with the 6p price will seem reasonable.......
It will boost Shells price by 10%.
They will hold down the price till discovery, probably of both drills and Noble results
This is AIM stop moaning.
The gas sample from Two one was unique in that it consisted of Helium and Nitrogen only.
Although it is in a volcanic area it may be that a meteor strike delivered the metals to the Rukwa basin.
Nitrogen will vented safety in the early stages, but as volume grows pure nitrogen has a value as any Google search shows.
Industrial uses which have little use in Africa (like UK) but as a refrigerant of great importance in a tropical region..
A Nitrogen fuelled car was built and tested, but never went into commercial production, but serious concerns are growing over EV's, the high cost and range anxiety. Add the increasing incidence of fires and having to fit a replacement battery after some 12 years means that EV sales are stalling.
With 2030 approaching when only electric cars can be registered in this country new thinking is required.
If DM had calibrated his measuring tools we would have had a discovery and we would have saved a year....but that is in the past.
The board has had extra time to evaluate the options and has prompted for a drill Tai3 close by the first drill where seismic indicates a large trap where gas can be reached quickly.
Lorna has stated she will case the drill on discovery and send samples for evaluation, they have delineated other target areas so I surmise they will move on, OR horizontal drill from the same pad to another trap.
The unknown is the capacity of the traps. The good news is the ubiquity of surface Helium globules (10,6%) which indicates that if a trap is exhausted it will replenish in an acceptable timeframe.
It will be supremely profitable as uniquely it is Nitrogen and Helium only, both valuable and with the Helium 2-10%, smaller quantities may be economic.
This unique factor suggests that a meteor strike may have delivered the plutonium and thorium eons ago into the Rukwa BasiN where the central lake grows in the Wet season and shrinks in the heat of the dry.
The basement could be the decomposing metals on!y.
Wow...that's a thought!!!
Lorraine has stated she will case the drill as soon as gas is found,and send it to evaluation. a t around the same time Noble will be drilling.
As surface Helium shows diffuse the basin so 10% at surface and 2.4% found some 60 meters down at Tia one. the density will be between the two
If Noble makes a similar discovery. the impact on. news coverage will be incandescent!
In 2022 He1 announced they had acquired more in the Ruckwa basin, was this the East section surrounding the central lake?
The cleared area Skittish spotted. straddling two sections MAY be in the West of He1 license area, and if we drill that area and make a discovery,then the whole area will be derisked and the capacity to supply the world supply of Helium upgraded to stratospheric levels
Add to that the unique mix of nitrogen and Helium alone found at first drill makes it supremely profitable as both have value.
Yes the company is holding the share down for the greater impact when the full scale of this helium find hits the world market.
I hope the meeting emphasises the role of the universities in bringing this massive resource to the world, and how they will be rewarded.
This will catch the world press attention, they love to hear how clever people are going to save the planet.
SOBER thought.
Helium is supply constrained, and is a vital part of many cutting edge developments
A good investment pales in the face of Mankind's extinction.
This de_risked drill will be £1+ by Christmas, so be comfortable, put your head between your legs and kiss your ...rse goodbye. DYOR,it may never happen, pray, etc
I hope the board acknowledges they are the qualified workmen (and women) on this Rukwa project.
Used my £200pw "pocket money" as a retiree to top up, but now I must reconcile to paying in the 9's.
Superb interview, exuding confidence and the joy of being at the start of a world class asset to the future of humanity..space travel, research into reversing climate change, helium plays a small but significant part.
After three years being in profit is nice too after a year underwater.
Oxford and Edinburgh universities jointly started investigating Rukwa basin 5 years ago, and while it is not universally true, they tend to be unworldly when it comes to business, putting intellectual achievement ahead of monetary reward.
If I bow my hea dadmiraton,
Ian Stalker assumes gas discovery, which was not official in the 2021 Tai 1 drill due to rig failure. he hopes for commercial discovery..add this to the late 2021 RNSs (and the one withdrawn after 30minutes!) and you have 90per cent certainty of full success in the coming drill
In the detailed report end of 2021 DM described the traps as'fill and spill' which suggests that capacities of each trap will vary, so when empty in can be left to fill, time indicating how long.
It has been mentioned on this bb that some nine shallow drills are on the radar for testing, so having several in proximity is likely, ensuring a steady flow.
He shows at the surface are everywhere in Rukwa, making predictions that a world resource is about to be uncovered believable.
Posted in 2021 and for the benefit of new investors, it is likely that the Helium arrived at RUKWA via a meteor strike eon's ago, providing the Uranium and thorium which decays into helium and nitrogen. This lies deep down covered by shale and sand ( which hardens to claystone in places, providing seals ), this explains why the He shows are suffused throughout the basin with surface globules of 10 .2 percent He.
Nitrogen is valuable and can be sold locally, but helium at the densities seen at Tai1 will be hugely profitable..... YOWSER!
The 587,457 issued to a service provider in lieu of cash was finalised today, if was to pay for the Predator they could cash in for circa £60 k now,or hold for millions in the fullness of time.
Cost to Helium Global...Pennies!
At the end of 2021 I am convinced the board was confident of the discovery of commercial quantities of Helium at more than one site in the Rukwa basin.
They spent 2022 in planning and preparing the area for a long term extraction of He on a mega scale.
The access road is for two way traffic for a busy world resource.
The drill pad in construction is much larger, thus ready for commercial production.
WHY the confidence?
The Rukwa basin is suffused with He Shows,at the surface 10per cent and when they found bubbles at TAI 1, it was probably at or near this level (world class).
Unofficially they established the criteria for commerciality.
Recently the board announced an increase of shares of587,457 it passed unremarked,such a small percentage of the now total of 820,866,456. But just the right size to induce the predator rig owners to sell, they have seen the evidence (off record)and will get returns in time far exceeding a straight cash transaction.
In Q3 they shallow drilled throughout the Rukwa licence, garnering evidence of more likely sites.
Argue against this scenario if you must but it gels with the way the board is acting now.
Remember that at Tai 1 they got BUBBLES! the hole collapsed so it could not be officially recognised....but I bet they bottled and unofficially found a gas, chances are it was He.
Also they drilled for months around Rukba with a simple mobile rig.
Lots of info,and with an in-house rig it is all looking good.