RE: To buy more or to wait?19 Jan 2021 14:28
Edenville’s current Full Mining Licence covers Helium as a by product of a mineral, and although highly unlikely they will look for it, it shouldn’t be forgotten as the EDL Licensed area of 71.35 Square Kilometres is within the Rukwa Rift Valley System and they are probably sitting on top of a very great deal of Helium.
The probability of Helium under the Edenville site is much more likely than not, in fact I’d say the odds have to be overwhelming. Helium is the second most abundant element in the universe.
According to the reports in 2016, an estimated 1.53 billion cubic meters (54.2 billion standard cubic feet) volume of helium gas was discovered in Lake Rukwa worth $3.5 billion.
A little research will show two companies hold 49 helium licenses in the Rukwa Basin and they are only the ones with helium in their name. ..
Lake Rukwa with $3.5 billion worth !!
dyor