Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
The next RNS should confirm that the well is commercial then this 10% dilution will be quickly forgotten .
There should be and RNS in the next few days stating that the results are commercial subject to independent verification. Then the 10% dilution will be forgotten.
Plus the possibility of grants and funding from the Tanzanian goverment . Don't think any placing will be large if there is one . It will be just to keep the company going whilst they negotiate deals , JVs , offtake agreements .
From yesterday's RNS ...
"When performing the Basement DST, high concentrations of helium began to flow to surface following reverse circulation and yielded a compositional mix up to 4.7% helium, 1.5% argon, 8% oxygen and 86% nitrogen. These results were evaluated using an onsite Mass Spectrometer and verified from downhole samples by a field PVT laboratory at the well site. A measured helium concentration of 4.7% equates to almost nine thousand times above background levels (5.3ppm)."
Hydrogen and Nitrogen used to make ammonia..the ammonia plant gets to keep the Nitrogen and hydrogen in exchange for separating the helium and other gases . Quick monetisation perhaps ?
No need to build a processing plant then . Any ideas π‘ ? There is a huge nitrogen element which is used to make ammonia . Could be shipped to an ammonia plant and processed there perhaps ?
Try Helium One's new tonic water π§ it will give you a real lift π€£πΎπΎ
Would you π€ ??
Very true π remember this....
YOU control the situation , don't let the situation control you !
This applies to very many situations in life !
GLA
No point in selling . If the share price does drop then buy more ...simples !
This isn't meant to be investment advise it's only my strategy.
DYOR and good luck π
Hydrogen will be in huge demand and so will helium .
This will be the next gold rush and everyone in the oil and gas industry will want a piece of the action . π¬
Congratulations Lorna and the team you have aced it !! Mega news !
Should be a hugely profitable business with their own supply of hydrogen .
HE1 will find a partner before any raise . Very much doubt that they will have to . Not now .
Well said π π π !! This is now an entirely different ball game . We have moved to the Premier league.
Before you sell your shares think about how much HE1 would be willing to sell the company for ! Certainly not 2.5 p per share π€£π€£
HE1 can't go this alone so it's joint venture time ....whoop whoop !
The MMs are accumulating shares cheaply for the opening of New York .
This is just MMs robbing !
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