A Serious Point (reposted from my message a few days ago)2 Feb 2024 16:14
Last message from me today (phew you all say):
This HE1 is on the cusp of something big, Helium is worth more than gold and read this to know why:
https://www.innovationnewsnetwork.com/helium-shortage-4-0-what-caused-it-and-when-will-it-end/29255/
Russian Helium is never going to be the answer now.
Also Hydrogen:
https://issues.org/romm-hydrogen-clean-energy/#:~:text=Hydrogen%20is%20not%20a%20readily,intensive%20to%20extract%20and%20purify.
"Hydrogen is not a readily accessible energy source like coal or wind. It is bound up tightly in molecules such as water and natural gas, so it is expensive and energy-intensive to extract and purify."
This company and its work will have clearly caught the attention of big investors and big suppliers of these types of gas assets, and also State Actors trying to influence the share price - laugh you might but this is a potentially readily available gas resource.
Also, bear this point in mind: Tanzania is one of China's most important military partners in Africa. On an annual basis, Tanzania sends a significant amount of officers and NCOs to train in China:
https://en.wikipedia.org/wiki/China%E2%80%93Tanzania_relations#:~:text=Tanzania%20is%20one%20of%20China's,NCOs%20to%20train%20in%20China.
Potentially you have the US, China and a disenfranchised Russia wrestling for control or benefits from Helium and Hydrogen finds.
HE1 is on all the radars. If the surveys come good in the pending few days, this will quite literally go nuts before it is brought into control by some major state/industrial player. This will get bought out IMHO, the key thing, is at what price...?
Also, to the person that replied to say that the US has been selling it’s surplus Helium, this is incorrect. The US privatised it’s main US Federal Helium reserve in Texas due to mounting debts:
https://www.texasmonthly.com/news-politics/amarillo-federal-helium-reserve-auction/
It is still US Helium for US use and interestingly remedial work on the facilities may require shutting down the plant which will further increase shortages and our American cousins still want more Helium anyway.
So, the US wants more, the Chinese want in strategically (OK at a discount perhaps but they will still pay a good price if they want it) the EU would like a slice and the Russians want India and China to come to them to help pay for their war effort but India and China et al will want a source they can influence and control more, so perhaps the Russians could buy out to force the demand to them.
This is soooooooooo huge!!!
GLA