Member Info for 44RJ

Just to put out an RNS like that tells me there genuine conviction for where this company is going.

Probably should be getting on with some work on this fine morn, but I absolutely cannot look away...

Bought five grands worth of this at 10p a few months ago based upon Mark Moss's involvement (I respect his opinion and find his predictions for the future very interesting). Not one of my better decisions! That's a nice holiday down the swanney. Oh well, live and learn.

Looks like this will be very quiet until 30th December when news should land regarding the Uplisting. I don't know what to think about this situation to be honest. All very unnerving...

Things are pretty disappointing now mr.gez but things will turn around, hopefully in Q4. Production in the US and confirmed increased helium flows from Tanzania will both be important milestones. Q4's not that far away now so hopefully better times ahead.

Fully agree Bencook. Every UK institutional investor is going to want a slice of this soon.

Just bought in with 49,000 of these beauties. The Mark Moss effect will see these rocket, mark my words. It might not happen overnight, but I'm convinced it will.

Really liked this sentence in today's RNS:

"The Company is in the process of determining the next steps in the development programme and will announce these as well as the date of the signing ceremony as soon as possible."

As everything is agreed on the documentation front, the arrangements for the formal signing ceremony must be really close. Not only are we going to get the heads up on when that ceremony will be, we are also going to get a steer on the development programme, and soon. Splendid!

This is all very good stuff. Really positive reporting, and it does sound like the project is gathering pace with loads of local and Governmental support. I doubt there would be this much PR if there was a major stumbling block. I'm taking these latest developments as a very good sign indeed!

My thoughts too Crusty. The message was lost in a sea of technical malfunctions and communication blunders. Anyone thinking of parting with their hard earned after watching that needs to seriously reconsider their investment strategy. Poor presentations happen to the best of us, but they should have pulled the plug on that one and started again, rather than broadcasting it over YouTube!

Nice find Sammy18 - a very interesting article from the BBC indeed. I particularly like this bit:

"In 2016, the world's largest helium reserve was found in Tanzania. It is set to start production in 2025. This was actually the first helium gas field to be discovered deliberately, and the launch of operations there will mark the first time helium has been recovered at scale, rather than as a by-product of polluting natural gas extraction. Major helium reserves have also been discovered in China's Bohai Bay Basin."

Better times ahead I reckon!

Bzoric, with regards to #1 presumably the terms imposed by the Tanz government are pretty much in line with other mining licences for other commodities. Therefore I can't see any significant curve-balls being forced upon HE1, but who knows (I'm certainly no expert).

I think your #2 is more likely. I imagine that there is a response period attached to the Mining Licence offer or "X" number of weeks, and HE1 is using the time to engage with potential partners to thrash out a deal. Why rush; the offers on the table.

All to play for - come on Lorna, let's have that blockbuster of an RNS!

What are they going to do with all that CO2? They sell it Snorlax! It will be in a pure and uncontaminated form when processed and separated from the gas mixture, so relatively easy for onward distribution. As you well know, I'm sure.

In the worst case they can just vent it. In the same way that emissions from power stations, cars, factories, etc do.

Therefore, in this case, the CO2 is an asset!

Why people feel the need to post on a public forum about another person's appearance is beyond me. Lorna is a very well presented, professional person, and I think she looks every bit the CEO to take this company forward to the next level.

Comments on her appearance are just weird quite frankly, and these days people should know better that to broadcast such c**p on the internet.

I could not agree more Crusty.

All looking great on the USA front. Lots of drilling activity to look forward to starting next week. I was a bit unsure at first, but it could turn out to be a masterstroke move by the HE1 board.

Now where's that mining licence? That would really get things moving.

I think HE1 has had then nod on the mining licence and a nudge to get cracking on the preparations. Why else would it go to the bother and cost of conducting a competitive tender process for this next significant phase of the on-site programme? Having done several of these tender exercises myself (albeit in the UK) I can tell you that this is a large piece of work that you would not being unless you were confident of progressing (although in itself it is no guarantee of progression).

I also think that the actual go-ahead for the mining licence may take a bit more time. If the Development Licence for Aminex was anything to go by (tenuous I know...), the Tanz government will want some PR, pomp and ceremony for the launch - which takes a while to arrange.

All looking much more positive from today as far as my humble opinion is concerned.

I was just doing the same thing Toffers. I think Lorna mentioned the 3 month target in a video, although I could be wrong. Can't find anything relating to dates in the RNSs.

Me too. Disgusting post.

Well, what a shame that it has come to this. So much promise in the Neil Ritson / Solo days. I don't have any shares currently, but my wife has a few (...will I ever hear the end of that? I think not...) and I will be recommending to her to vote for option 1, the MVL. I agree with you Agneissearner; this BoD has been given plenty of opportunity to invest our hard earned cash and return a profit, but have failed to do so with each and every venture they pursue. Why would that change going forward? Clearly there is something drastically wrong with this set-up; is it a lack of competence, is it a lack of luck, is it a lack of desire to achieve? Whatever the reason, the track record speaks for itself. I also can't see the RTO option bearing fruit either; it will just be another vehicle for the next chancer to dilute shareholders to the bone chasing some dream.

Why they didn't prioritise Ruvuma and preserve cash to stay in the game is totally beyond me. This company was always all about Tanzania - for some reason they thought they could do everything all at once. Delusions of grandeur probably.

Sorry to all those that have lost money on this one, but this story needs and ending and it looks like the fat lady is about to step on to the stage.