The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bo Sears states if they produce enough gas to justify building a liquifaction unit then the Global sales will open up/lift off.
Helium One are looking to incorporate such a unit from the plans they have RNS yesterday.
Also states a plant to initially m9netise as they build bigger, exactly as Lorna is mulling over now, but the market missed it.
A smaller pilot plant initially to process the Helium.
Going to be big boys and girls. Video time 08.14secs. check it out Good luck.
No mention whatsoever of the rig being loaned out to anyone, rather it's being kept 'hot stacked' and ready to go when we need it to .
This for me is also a positive, as it ensures no delays and costs will to be minimal, so Lorna is making great use of the equipment, expertise from industry providers locally whilst keeping a lid on the finances as she prepared HE1 for it's next stage to production and commercisation.
Liquifaction of the Helium will enable Hydrogen searation also, so they could control the Hydrogen to off takers midstream and downstream as well... Boom. Great news today, it's all coming together quickly.
Early Q3 is not far off and I fully expect the SP to multibag in anticipation before then.
Great luck everyone.
Ignore Petro, concentrate on what the drillbit has hit, a unique Helium producing well from the rift basement, that is being produced by uranium in the volcanic rift.
How long does uranium last......... a very, very long time.
Helium One have hit the Helium Sweet Spot at Itumbula.