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Itumbula West-1 has an estimated resource of 6bcf or monetary value of $2.8bn as at 2022.
This does not include a resource upgrade, hydrogen and argon
10 wells in the field all feeding into a state of the art processing plant.
The journey has just begun
This whole subject could eclipse our massive, free flowing helium and hydrogen discovery.
https://www.reuters.com/business/energy/totalenergies-hires-former-benin-pm-assess-eafrica-land-purchases-2024-01-04/
https://www.pura.go.tz/news/2d-oil-exploration-project-in-eyasi-wembere-completed#:~:text=The%20Eyasi%20Wembere%20area%20covers,intervals%20and%20using%20various%20technologies.
https://www.linkedin.com/posts/kheri-mahimbali-b85b03265_madiniyetu-stable-predictable-activity-7119995888843784192-Z9In/
https://www.offshore-technology.com/data-insights/tanzania-uganda-gas-pipeline-tanzania/
You can see why the testing process is taking time and why Lorna talks about possibly returning to Tai-3
https://www.retireat55.net/retire-at-55-portfolio-ideas-blog/heliumoneupdate-november19
What amuses me the most with the unemployed driller is he constantly bashes HE1 and then has the gaul to say he holds shares here. Yeah of course you do, boy, more worried about another ban from LSE for being a simpleton troll. Even new readers here pi55 themselves laughing at the fool.
I can honestly say the deramping trolls that reside here have done such a pi55 poor job they have perfectly highlighted why new readers should invest.
Joe, come on boy, rally your troops and at least put up a fight. You giving up drilling for 15p a post (the higher level) is not working out too well is it?
It is ironic that the unemployed drillers team talk about secondary sample validation, when not one of those muppets lol has ever validated anything. You could make it up
Detampers mentally falling about all over the place #good
They come in many disguises and some are very professional intelligent authors who know how to disrupt,..just hold those shares and ignore the noise.
It is laughable to say or even think we get the professional, intelligent derampers here. All we see are validate nothing fools, their leader the unemployed driller, is by his own admission (read post history) poorly educated. Entertainment value, hell yeah we get plenty of that lol
So far the best I’ve seen from the zombie flesh eaters is
Its a duster, she lied
Hydrogen, now they will blow everyone up
Why haven’t we had all the data yet
It’s going to take months
Nothing is flowing to the surface
Another placing
An army of zombies doing their very best to pour negativity over everything here and that’s all they have come up with. There’s no wonder their leader, the unemployed driller, proudly wears his cap with, I really am stuppidd ya know, on it
I’m still waiting for the proper derampersvto tip up
As a result of one too many G & T’s I wrongly handed out a prestigious award last night.
At times it gets hard to differentiate between the validate nothing, zombie flesh eaters, from the good guys lol.
It appears you are on the side of good, not evil.
Sorry for the mistake, have a nice weekend and keep up the good work.
Bobbysocks
Well done, boy, you just overtook Joe, the unemployed driller, as the biggest fool on LSE, and trust me that took some doing.
Please explain how anyone outside of the company, on a public chat board would know the answer to this?
"Hydrogen is an explosive gas, what are HE1 doing about it? It's a very important question."
Even you, the newly crowned biggest fool on LSE will now look at your question that think, Oh yeah, what a dummy I have been, wow.
To be honest mate, I didn’t ever, imagine anyone taking the crown from Joe, so well done on that, superb effort bud.
Now go have a lie down and re-think things over. #comedygold
Eventually, a decent deramper will appear on the scene and challenge us with intellectually stimulating, factual posts. Until then we have to satisfy ourselves with boiler bunnies, who if nothing else provide comedy value, so not all bad.
Dance, be the first one, please
Provide evidence you are right, with a new account you dont expect people here to just take your word for it..............come on boy, do better than that, please.
Free flowing natural hydrogen and helium at 4.7% and 2.2%, off the back of that generating money for processing plants, future drilling and wait for it, special dividends, wont be an issue at all. Look at Bill Gates he's desperate to find a quality source of hydrogen, and yes a verifiable link was posted lol
My only hope, before we get to the release of news time, at least one deramper steps forward and does what no other has been capable of yet.
Provide factual evidence, by way of external sources (links), that they are correct. So far we've seen an army of clowns, and between them all they've only managed is ................. "I think" lol #comedygold
It is true Del, where natural hydrogen and helium are found together in rifts the quantities are enormous. Hence Lorna was grinning from ear to ear. When the lid is blown off here there will be lots of winners and losers, what a day it will be.
Release of the mantle hydrogen and helium, accompanying concentrated flows of the heat energy of the Earth, justifies the assumption that the planet is still left with enormous quantities of these gases in its core and mantle