Member Info for Blubay

Insta profile now reads better too

"Our Rukwa Project: A globally unique, large-scale, high-grade helium ​project in Tanzania with the potential to boost the world helium supply."

Sorry, I meant LinkedIn has just been updated, oops

Notice the new messaging on the Insta profile

"This project is considered to be entering an appraisal stage following the success of the 2023/24 exploration drilling campaign,"

Really wish they'd update some of their profiles. I hope they're not paying anyone to do that. The LinkedIn profile hasn't been updated in years, and the out of date information on the 'About us' and 'Projects' sections of the website is potentially misleading to the market. The branding is mixed messaged across different feeds (e.g. website aims for production, Twitter header only refers to exploration). Insta profile has just been updated though, which is great to see. Hopefully others being edited as we speak?

Yes, that's a slight improvement in upping their market game by emphasising the term "commercial development plan"

Yes I thought that was indicative too, and it was nice to see HE1 positioned in discussions as a potential producer rather than an early stage explorer

To be fair, it's quite an unusual situation that they haven't shared any key points at all about their revised resource estimates following the EWT, when the market knows they've completed a detailed feasibility study. Normally, exploration companies are quite quick to announce resource headlines, at least when they've been upgraded (as HE1 did immediately after testing Tai in 2023). But nothing has been said about revised reserve estimates at Itumbula for three years (since before any drilling). The only hint in RNS/interviews is that it's complex to integrate data from a geologically unique system into standard O&G models, so the market has been left to decide whether to believe they kept the results back because they were disappointing or because they're being prudent about independently verifying something big, or because of some kind of commercial sensitivity. All the wild speculation and argument on this board shows precisely why that's been controversial and open to speculation, and probably why the SP hasn't moved. It'll all come out in due course anyway.

I don't doubt that, and it wouldn't make any difference to me one way or the other, no criticism intended

Good find, weird topic and panel selection

You're welcome to post what you like, and keep as anonymous as you like, same as everyone else here but really no point pretending you haven't posted before under a different identity, the writing style is a giveaway.

Actually, Rule 305 requires a copy of the 30 day notice letter to the land owner to be included in the permit application but there isn't one, so either it's been redacted or the land owner has waived their right to receive written notice (which they're allowed to do).

Friday 22 November (next week) will be 30 days notice from the submission of Form 2s for the five new development wells in Colorado. Should be stamped by then and hopefully we get some planned spud dates from BNL shortly after.

Yes, that was a buy signal for me, any co-development customer deal with Amazon has to be a great thing, even if it's only one internal department at the moment

Sure, the website’s not the pitch but I’ve no doubt it will be aligned with the investor pitch when the time comes, and the fact they’re working on it now suggests that comms alignment might be now in process.

They’ve always been very cordial and informative thanks.

I was told ‘shortly’ but that was a month ago.

I can tell you the company is in the process of reviewing and updating its website but no timescale given.

My worries also but it’s really common for conference speaker bios. The company’s own information on its website and TZ LinkedIn profile is wildly out of date, in terms of prospective reserve estimates, licence areas, new projects. It just gets repeated by content writers who don’t do research. It’s frustrating but I’m sure they’ll sort it out shortly.

Seriously though, would you launch a high profile public pitch for new investors with a company website that hadn’t been updated for three years? I honestly still believe all the big PR stuff is pencilled in for early in the new year. I may be wrong.

that would be great but i don’t think the conference schedule influences the licence process, any more than the us helium summit influenced on the date of concluding the colorado acquisition deal. lb often speaks at these events and her presentation is well rehe****d, they’ve been using similar key slides for years. i think if they’re going to plan a big investor unveiling then we’ll see the company website updated first (colorado isn’t mentioned, the rukwa licence maps are out of date, the balangida project no longer exists, etc). no way they’d want investors looking at it too closely just now. i’m aware that they’re in process of revising it, so it’ll be interesting to see if anything changes before the event. that might be a signal.