RE: Just read this and enjoy the day!13 Nov 2024 11:21
Except from the relevant HE1 RNS and hardly taking the fall. See my post on confirmation and unconscious bias.
Ian Stalker, Non-Executive Chairman, commented:
"On behalf of the Board I would like to thank David Minchin for his dedicated service over the last two and a half years. David has grown and developed the Company during his tenure as CEO, increasing our operational capability and expanding our geological knowledge of the Tanzanian helium systems. He leaves us in a strong position - fully financed and with an excellent management team in place - to execute our 2023 drilling campaign and to further grow the Company to become a strategic supplier of helium to a constrained market. We wish David all the best of luck in his future endeavours."
"I would also like to welcome Lorna as CEO. She has extensive expertise at successfully delivering oil and gas exploration campaigns and, having been with the company for almost 2 years, an in depth understanding and knowledge of our projects which will greatly assist her and the team in delivering a successful drilling programme in 2023."
David Minchin, departing Chief Executive Officer, commented:
"With Helium One fully funded for drilling at Rukwa and rig contract negotiations ongoing, it is an appropriate time for new leadership to come to the Company and take ownership of the 2023 drilling campaign. Although disappointed that I will not be a part of the team that ultimately delivers this, I am happy that I leave the Company in a strong position. Helium One has an exceptional management team and Board in place and is fully funded to move forward and deliver its strategy.
"I would like to thank all shareholders for their continued support during my time at Helium One, and express my gratitude towards all our employees, the Tanzanian government ministries as well as the local communities at Rukwa, Eyasi and Balangida - Asante.
"I wish the Company every success in its upcoming campaign."