Member Info for EauH2OOh

Https://www.proactiveinvestors.co.uk/companies/news/1050940/helium-one-ceo-says-final-preparations-are-underway-for-upcoming-extended-well-test-1050940.html

Any stock with a rapid rise, especially for more than one day, risks the traders taking fast profits and PIs locked in waiting for SP high to return. HE1 had this same scenario earlier this year.

Currently I am liking HE1s position with plan leading to Mining Licence application end of August.

Who is likely to exit exploration and into production first?

Sarah Marengo posted it in LinkedIn 1 day ago, however the wording is ‘more recently’ , so difficult to know when exactly.

LinkedIn

#Tanzania is blessed to have an abundance of natural resources at our disposal, the question is how do we tap into them strategically and meaningfully?

As a #boardmember of New Forests Company, it is exciting to witness the meaningful contributions of our forestry and timber projects in East Africa: the provision of local jobs, adoption of sustainable practices and the demonstration that we can harmoniously use our environment for significant growth.

More recently, I have come to know about Helium One and I had the pleasure of meeting with Lorna Blaisse, company CEO and Graham Jacobs, Financial and Commercial Director, to discuss the future prospects of helium in #Tanzania. This unique noble gas represents future exploration opportunities in Tanzania. It is worth noting that the helium deposits in Tanzania are naturally occurring, in huge demand and declining supply, which is a competitive advantage for our country.

From trees to helium, the lessons are the same across the board: strong partnerships, international co-operation and a deep respect for our natural resources will only result in increased development and benefits.

People often set limits at 0.7 or 0.75 or 0.8 etc

If you had bought at 0.5 to 0.6, you might set a sell limit at 0.7 for a quick small profit.

It’s normal.

Personally I am happy to wait for the start of EWT when there will be further interest and higher profit to be made.

Looks like 0.71 - 0.73 is still some smaller profit taking.

Happy to be flushing these out.

Building a stronger base around 0.72

Those patient to wait, have the potential for far greater yield. Not long to wait.

EWT mid July to mid August with data from this going into ML application end August.

A couple of 20k and an 18k buy around 11:20

Https://www.helium-one.com/wp-content/uploads/2024/06/240611_HE1_Marketing-Presentation_for-website.pdf

Slide 12 and 14 for ML Application

Next couple of weeks will be mighty interesting.

Extended well test EWT mid July to mid August with data from this being added to support Mining Licence Application end of August.

Hex in Tanzania not yet at this stage, so all eyes will be on HE1

Very informative link Thanks Toffers

Ha ha I love the barometer reference

We are so used to expecting instant results in this fast pace world.

Not long to wait :-). I’m expecting people to start moving money in once there is news of set up for EWT and people start to see movement upwards.

Huge potential with only a few weeks to mid July action.

HE1 presentation shows Mining Licence Application (ML)

end August.

EWT mid July - mid August. This data will be added to ML application.

Just for any ‘tree shakers’ trying to say ‘no lab report’ , directors don’t hold shares or will EWT results be released.

Recommend reading the presentations and watching the 2024 interviews.

Plus look at HEX news releases as they are drilling in similar area in Tanzania.

HE1 presentation shows Mining Licence Application (ML)

end August.

EWT mid July - mid August. This data will be added to ML application.

Just for any ‘tree shakers’ trying to say ‘no lab report’ , directors don’t hold shares or will EWT results be released.

Recommend reading the presentations and watching the 2024 interviews.

Plus look at HEX news releases as they are drilling in similar area in Tanzania.

Both HEX and HE1 are interesting

Next step is HE1 EWT extended well testing planned mid July to mid August (in HE1 presentation), which will allow completion of Mining Licence application end August 2024.

Looks like money is coming back to HE1 from HEX and CAP XX

February 2024 interview- worth watching the full 12 mins

At 6 mins, independent verification at site - field PVT (pressure volume temperature) experts with independent laboratory- samples analysed at site under reservoir pressure and temperature condition.

https://m.youtube.com/watch?v=OLtoKpXsJoU

On top of this, there has been a lot of progress since February.

Worth listening to an interview from Jan 2024 only 5 mins 34 secs

https://m.youtube.com/watch?v=iBq5POzMVbE

Helium One Global Ltd CEO Lorna Blaisse joined Proactive's Stephen Gunnion to share progress in the company's latest helium exploration campaign.

The company's Itumba West-1 has reached a depth of 961 meters, including 40 meters into the basement, surpassing its target zones and primarily targeting faults. Early indications are highly promising, and the company is gearing up for detailed logging and crucial well testing.

Blaisse noted that Itumba West-1 showed elevated helium levels, over 20 times the background level, a substantial improvement from previous wells. These preliminary results are yet to be confirmed with more accurate downhill samples, which will provide a clearer understanding of the helium concentration. This step is crucial for evaluating the true potential of the site.

Additionally, the company encountered elevated hydrogen levels in the Lake Beds Formation, suggesting a complex geological interaction. This discovery adds to the project's potential, as many global helium projects are associated with hydrogen.

The next steps for Helium One include detailed logging and well testing, which is expected to take approximately 7-10 days. This phase will include image logging to map fault zones accurately, guiding the positioning of packers for well testing. The company is optimistic about the increased helium concentration across the fault, aligning with their expectations.

From my previous post :-)

February 2024 interview- worth watching the full 12 mins

At 6 mins, independent verification at site - field PVT experts with independent laboratory- samples analysed at site under reservoir pressure and temperature condition.

https://m.youtube.com/watch?v=OLtoKpXsJoU

On top of this, there has been a lot of progress since February.

Also interview with Lorna Blaisse from Feb 2024 - only 12 minutes long - worth listening to it all

At 6 minutes, explains they had the foresight to have independent tests completed at the same time.

The presentation shows ML Application end August. EWT results are required for this, hence EWT mid July to mid August.

Not long to wait.