Member Info for 5085

Win on Monday

MC way too high, imoh

Only an idiot and a dangerous one at that would post this

its going to do its best to make us all some money, its a very frustrating journey, but if you can hold, the rewards will be there, and it ai t going bust, again as many have told us, etc, etc

Opinions are not facts nor should they be written as such

#idiot

The large companies in the sector will have been watching on with great interest.

Can Helium One extract natural helium and hydrogen out of the ground, free flowing?

In my opinion it wont be long before JV news and offtake agreements are made public.

This is now a unique discovery.

Exciting times.

I enjoy reading the posts of Shawz007 and other derampers, simply because none of them, ever, can base their arguments around solid fact. Taking a guess and making it sound like fact, that’s just lies lololololol I do hope Slacker aka Bobrad aka Shawz007 never leaves this place. What then for entertainment 😊

Many positives

Many negatives

Some annoyances

One thing remains and is factual – They have an official discovery of resources that are rarer than rocking horse poop.

Apart from Helium One how many official discoveries are there for natural hydrogen/helium – answer a big fat zero

Where will the next bit of market related good news come from.

Resource upgrade?

Broker upgrade?

JV or financial deal?

Submission of mining license application

Receipt of the mining license

Positive new out of Colorado

Very surprised Lorna didn’t release a video today

Why I sold out days ago, I may return/may not

How much helium is exactly in the ground?

Concentration levels excellent, volume/reservoir size unknown – if they were excellent, we would have been told.

Ambiguity around what is exactly coming out of the ground in what form doesn’t help, Eurasia Mining part 2. I spent ages doing the maths and the results weren’t bad, they were also weren’t good and I didn’t even take costs into account.

Going forward the slow painstaking process of – authorisation (licenses), funding (massive amounts needed), processing plant, more holes, massive infrastructure. Took 15 years in Qatar, remote/rural Africa could be 20.

2 things annoy me.

1. The timing of the last placing

2. Drilled 168m into the basement with continual helium and hydrogen shows, all at increased levels, well the results didnt show that.

Long term, especially with massive funding in place, if someone will expose themselves to the tune of billions then this could be a top-quality investment. For now I will just spectate.

Good luck.

The question I have pondered, for a while now. Why did they place immediately on releasing the first part of the EWT results and what other companies pull that stroke? Something doesn't feel right but i have no idea what that is. I guess in time we will all see.

If you want an idea where the helium/hydrogen is coming from read this https://www.ajol.info/index.php/tjs/article/view/18324/17262

In places the basement is thought to be 12km deep.

This is why via deep rifts the source here may well be perpetual

As reported in an RNS, they planned to drill down a further 100 – 150m into the basement

They went to 168m.

Then they reported

“Whilst deepening the well, near-continuous helium and hydrogen shows were encountered whilst drilling. The frequency of these shows continued to TD and were notably higher than those which were encountered whilst drilling the overburden section during Phase II”.

I did think, just my own opinion, if the results were delayed, something I hoped for, remember Lorna said the end of last week, it would be a positive.

Naturally we will see an increase in those disrupting or positing in a negative light, but too a man or woman the one thing these people will not have is factual evidence to back up their theories, when have we ever seen anyone going down that road?

Renowned scientists have had their say on the situation in the Rukwa basin they are very positive, the government is talking about a country changing asset.

The numbers were off the scale at $250 MCF, we are now seeing $700 and rising.

I have read 100’s if not 1000’s of online pages/documents, covering helium/hydrogen, rifts, basements, volcanos, Rukwa etc.

Historical pages prior to 2016 are basically scientific theories.

Post 2016 and this discovery https://www.ox.ac.uk/news/2016-06-28-huge-helium-discovery-life-saving-find everything changed.

The government are fully onboard

All industry pages produced post 2016 have a positive bias

The discovery allowed other locations to be looked at

Every single page (none market related) that I have read has been massively positive, especially the ones that covered 4.7% like this one.

https://africanminingmarket.com/tanzanias-major-breakthrough-in-helium/17811/

Dr Mshiu going on record to state 4.7% is massive.

Only on financial boards is there negativity and for good reason, jealousy and money cause much angst for people, we all see it.

Me, I prefer to trust industry experts those who use their real name and go on record with their thoughts and theories.

Means a BCF has a rough value today of $700m

If Helium One hit the 5.4 BCF estimate that’s nearly $4bn

And the game has just started here.

May 2024

$700 MCF

https://www.akapenergy.com/post/india-imports-further-russian-helium-in-mar-apr-24

Dec 2023

$1200 MCF

https://www.akapenergy.com/post/russia-exports-helium-iso-containers-for-us-1-200-mcf

May 2024

$600 - $700

https://www.firsthelium.com/images/pdf/presentation/2024/FIRST_HELIUM_-_Corporate_Presentation_May_2024.7w.pdf

Regardless what side of the fence people sit at all will be united in their disgust of the coward that hides behind the moniker of TheOfficeCat

It takes a special kind of rat to lose a £100 charity bet and to blubber like an infant instead of just settling the bet like a man.

Done his nuts on Eurasia Mining now here to grace us with his own unique flavouring of bile.

An upgrade was documented in the latest annual report

The unrisked best estimate of helium estimated to be potentially recoverable from undiscovered accumulations

(“2U”) in the report is 2.8 billion cubic feet (Bcf) and the 2U is 212.2 Bcf across the combined intervals of the

Lake Bed Fm, Nsungwe Fm, Karoo Sandstone and Weathered Basement. This demonstrates a 61% increase

in the original resource estimate from the previous 2020 CPR completed by SRK Consulting (Australasia) Pty

Ltd (“SRK”).

The unrisked high case estimate of helium estimated to be potentially recoverable from undiscovered

accumulations (“3U”) is 7.1 Bcf in the ERCE report, which is a 30% increase from the previous 2020 CPR

completed by SRK. The deterministic sum of the 3U resources is 437.8 Bcf in the ERCE report, which is a

294% increase from the previous CPR referenced above.

Next direct quote:

Were it possible to economically find hydrogen its molecular state, then surely such hydrogen would dominate the market. Similarly, helium generated without associated greenhouse gasses would also be a market stimulant for the helium industry. What if hydrogen and helium could be co-produced from a single composite discovery? And what if the water leg to such hydrogen and helium deposits were rich in lithium? It, too, would be produced with costs for all elements shared.

Helium is a natural product of crystalline rocks including granite and its generation can liberate hydrogen from interstitial water. These same rocks can be a rich source of lithium, and may also deliver geothermal resources. The energy transition may therefore shift what we consider to be important for energy geoscience. The basement may become as important as the basin.

If you can find it, well worth a read

There's a PDF available online, released in July 2024.

No C/V available

Direct quote

At 4.7% the helium content is 18 times greater than the 0.3% economic threshold used in the USA and almost 100x more concentrate than the helium content of gas from North Dome Qatar which accounts for almost 40% global production.

If hydrogen flows well from the basement it wont take long for LEAP-RE to be all over it.

Leo if there was going to be a sale it would have happened during the FSP. Look around, where are the great 'drum bangers' now?