RE: Major breakthrough in helium - Summary8 Feb 2024 13:40
Flava has nailed it today. Great post mate. It's worth adding also that Helium is the new gold. It is essential to hi-tech products such as computer and smartphone components, MRI systems, medical treatments, superconducting magnets, fibre optic cables, microscopes, particle accelerators and space rocket launches – NASA is a major customer.
A JV or takeover of HE1 could be on the cards. There are multiple billion dollar global players who will want to monetise what HE1 are potentially sitting on at the Itumbula West-1 well. e.g. Exxon, Linde, Apd, Air Liquide etc.