Member Info for cperkin

It is a real shame to see the SP down here after a Helium discovery and the speed that the BOD have gone from exploration to discovery and the expected speed to market. They have done an amazing job thus far.

I can only assume the market is nervous about funding? and until they put this to bed, hopefully through the financing they have mentioned before then we are at stale mate.

· Site works at the Jackson-31 and Jackson-04 helium wells are complete

· All casing has been delivered to site

· The drilling contractor is preparing to mobilise the rig to Jackson-31 and spud is expected (early) next week

https://www.londonstockexchange.com/news-article/HE1/galactica-project-drilling-update/16852703

Within the next week or two.

Roll on the Spud.

Leveraging Local Resources.

Perhaps the most compelling inspiration came from Tanzania’s rich natural gas reserves. “Why rely on imported fuels when we have an abundant, underutilized resource at home?” Kiondo questioned. “CNG allows us to use our own resources efficiently, strengthening energy security while reducing reliance on external suppliers.”

https://tanzaniapetroleum.com/2025/01/09/cleanergies-and-petrogas-field-services-tackle-tanzanias-energy-challenges-with-cng-push/

People taking positions for the drilling? The Mining licence will come when it comes, Tanzania moves slowly, so the big news early next year is certainly the drilling . 5 Fully funded wells in the first campaign :)

Merry Christmas one and all.

As a proportion of the mcap it's a huge cash injection.

It make no difference what RoJo, you or anyone else wants Tanzania.

It's a huge gas asset awaiting development, when the green light comes in the form of the pipeline started, it's game on.

Meanwhile, chill and enjoy the finer things in life over Christmas.

Looking interesting here, if the deal closes it should be worth a few mill more than the current market cap.

8 mins 24 seconds

Umm, link extinct, try here

https://shorturl.at/wMkjj

@ OLADAPO007 If I remember correctly, it was in the interview below

auctus advisors’ co-founder and head of research, stéphane foucaud joins ************* interviews to discuss the shifting dynamics of the helium market.

https://t.co/h8vterwy11

They estimate $20 mill pa from the current well, flows concentration and depth - ie just at the very tip of the fracture. What it will deliver a little deeper and in what appears to be the helium rich charged fracture is about to be told.

#PLSR Drilling equipment arriving @ Topaz, MN 🇺🇸

🔹Deepening efforts @ other projects have boosted both resource size & flow rates.

🔹Targeting reservoir with district-scale potential.

🔹High-grade helium 14.5% + strong flowrates help resist market fluctuations.

https://x.com/pulsarhelium/status/1868925493409726623

Lovely to see, the market only just beginning to understand what is in play here.....

auctus advisors’ co-founder and head of research, stéphane foucaud joins ************* interviews to discuss the shifting dynamics of the helium market.

https://t.co/h8vterwy11

Highlights

· Weather-induced ground conditions do not currently permit construction of well sites and access roads at Galactica locations

· Blue Star and its construction partners stand ready for mobilisation as soon as conditions permit

· The Operator has decided to reschedule the start of drilling into mid-January to avoid standby costs over the Christmas period

· The delay to the start of drilling is not expected to affect the overall project development timeline or targeted production commencement, which remains H1 2025

· Work is advancing on the engineering related to CO2 removal, purification and sale prior to helium processing via the IACX helium recovery unit

I expect the usual suspects to make a meal of it, regardless of "he delay to the start of drilling is not expected to affect the overall project development timeline or targeted production commencement, which remains H1 2025"

Https://www.youtube.com/watch?time_continue=29&v=eP4FmZ0wtEU&embeds_referring_euri=https%3A%2F%2Fx.com%2F&source_ve_path=Mjg2NjY

Helix Exploration, the helium exploration and development company focused on helium deposits within the 'Montana Helium Fairway', is pleased to announce a commercial helium discovery in Darwin #1 well at the Rudyard Project in Montana.

Highlights

· Darwin #1 confirms commercial helium discovery at Rudyard

· 236ft of Darwin #1 perforated simultaneously, testing Souris and Red River reservoir horizons

· High grade helium assayed at 1.1% helium with the balance being primarily nitrogen

· Commercial flow rates sustained at 2,750 thousand cubic feet per day (Mcf/d) of raw gas at 40/64" choke with Absolute Open Flow calculated to be over 4,500 Mcf/d

· Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period

· Fast-track, low-cost, production taking advantage of favourable gas composition and existing infrastructure (power, road, rail)

Bo Sears, CEO of Helix Exploration, said:

"Darwin #1 has delivered exceptional results and has demonstrated it has the potential to be a strong producer capable of delivering sustained flow of commercial helium. The identification of 1.1% helium with commercial flow rates at Darwin #1 makes Rudyard a company making discovery. With capacity for several production wells to operate on Rudyard field simultaneously the project has potential to generate multi-million-dollar revenues per year."

"With deep experience taking helium projects through exploration into production, the Board is uniquely positioned to rapidly advance our projects. With low capital requirements and high yield return on investment Rudyard is attractive to many forms of project finance. We look forward to an exciting 2025 as we update the market on plans to become cash generating before the end of next year."

....... Multiple times ask hit

Loads of examples of drilling in December and through Christmas.

For a Helium Example, PLS will start drilling next week.

AEX have drilled 2 wells through late December and through Christmas.

These are facts, not fake news that Riggers don't work at Christmas.