Member Info for AgentB

Probably means TXP

Cascadura results! Where is everyone?

“The encouraging Cascadura-2 delineation well drilling results represent a great start to 2024. Cascadura-2 has proved up the concept of highly productive sands extending significantly to the east of our initial Cascadura discovery. We estimate that the well was drilled for under $6 million on a gross basis, which further enhances the economics of this prolific hydrocarbon fairway. With this new data point we can design a multi year drilling program to fully develop the structure. This well has not defined the eastern most edge of the structure, which warrants further delineation through future drilling."

Price: 2.50

No Opinion

54 bn cubic feet of helium….6 Feb 2024 11:12

“By combining our understanding of helium geochemistry with seismic images of gas trapping structures, independent experts have calculated a probable resource of 54 Billion Cubic Feet in just one part of the rift valley.”

https://www.ox.ac.uk/news/2016-06-28-huge-helium-discovery-life-saving-find

The official estimate for Tanzania's GDP was $175 billion at the end of 2023 in puchasing power partity terms.

Given the huge boost to Tanzania’s revenues that a helium-producing Rukwa valley will produce, it’s a bit strange that the news has only been reported in The Times and a couple of investment rags. I would have expected much broader coverage.

I’ll be happy for Lorna to go with your calculation in any takeover talks! 54p a share would suit me fine!

And you say that each bc is worth 10p per share? Boggles the mind!

“By combining our understanding of helium geochemistry with seismic images of gas trapping structures, independent experts have calculated a probable resource of 54 Billion Cubic Feet in just one part of the rift valley.”

https://www.ox.ac.uk/news/2016-06-28-huge-helium-discovery-life-saving-find

She looks AI generated today. I preferred the less manicured look!

Bump!

This is from 2016!

“By combining our understanding of helium geochemistry with seismic images of gas trapping structures, independent experts have calculated a probable resource of 54 Billion Cubic Feet (BCf) in just one part of the rift valley. This is enough to fill over 1.2 million medical MRI scanners. To put this discovery into perspective, global consumption of helium is about 8 BCf per year and the United States Federal Helium Reserve, which is the world’s largest supplier, has a current reserve of just 24.2 BCf.”

https://www.ox.ac.uk/news/2016-06-28-huge-helium-discovery-life-saving-find

Noble’s drill results

Mbelele sample calculated free-air composition of 2% to 3% helium

Mbelele-2 wireline logging and sampling program successfully completed

Excellent reservoir parameters and flow potential

Total net reservoir thickness of 163m, a 243% increase over pre-drill estimates

High mobility, representing very high flow potential similar to Mbelele-1

Mbelele-2 cased and suspended for future flow testing

Focus to now shift to appraisal and early monetisation

https://www.energy-pedia.com/news/tanzania/mbelele-2-results-provide-further-evidence-for-north-rukwa-as-a-new-helium-province-193508

That’s the one. Quietly up 97% since start of Ukraine war, with nobody appearing on their Bb for months on end.

Neil, you aren’t really influential, you know? Give it a month and let’s see. BAe v. Here or HE1.

Neil, why don’t you just enjoy your holiday in Greece? If you are there with a partner or family, I pity them! One lone poster is not going to change the direction of travel for any share. You’ve heard of macro-economic factors? Well war is one of them.

GLA

You know what? They’ve just done the annual tax harvest from U.K. plebs. Next step is war in Iran to satisfy military industrial complex. I’m selling out everything to invest in British Aerospace. Sad, but a likely winner.

On 4th December 23, Noble Helium announced indications of a prolific find in Mbelele

https://www.investi.com.au/api/announcements/nhe/d66ce27a-168.pdf

Can anyone explain the subsequent share action? (Because if certainly doesn’t appear to have been transformational!)

https://uk.investing.com/equities/noble-helium

“During the TSP process, the Company continued to serve its existing customers and secure contracts that will bring in additional revenue during the coming years. “

Would have been nice to have heard more about these contracts!

Ok, this is from 2019, but certainly shows that Tanzania will be on board

When Helium One comes online, provided of course the drilling stage confirms previous estimates, the production looks set to shock the global market!

https://african.business/2019/05/economy/tanzania-could-become-top-helium-producer

They knew five years ago!!!

I believe in this so-called insider about as much as I believed in the ‘Ghost of Kyiv’ - a fairy story for wishful thinkers. Lorna’s interview on the other hand was very credible.

Anyone else experiencing problems? My account keeps crashing. Great timing AJ, thanks!