Member Info for EauH2OOh

Blue bay - Thanks

I can’t see a scale on the map, however Jackson #31 is certainly the closets to the Galactica plant.

I wonder what is required to complete the plant, if not already completed and what distance of pipe work is involved.

Anyway not long to wait really for end H1 2025

Good progress all round.

Found this online

IACX’s proprietary, non-cryogenic helium recovery units can economically extract and purify helium from natural gas, to high purity and with minimal helium losses. IACX will design, install, and operate a helium plant and provide a market for your helium.

Pub crawl - Thanks

One additional question- IACXs helium recovery unit - is this in one position and pipe work is laid to join all wells to its fixed position? Or is this driven to each well head site and tied in to one well at a time for a specific time frame, perhaps starting with the highest concentration area first?

As you can tell I don’t work in this industry.

Interested to learn more.

Does anyone know what is involved in ‘tying the Galactica Pegasus wells into production’?

I know the time frame stated is by end H1 2025, however what was s actually involved?

How is this achieved with the multiple wells?

Thanks in advance.

ML offer received end Feb 2025 even!

And from memory ML application was end Sept 2024 with ML offer received end of March 2025, so looking good.

Interested to know what is being said in Telegram group that has likely prompted this rise?

Thanks in advance

It doesn’t take a rocket scientist 🚀 to see that this is a great investment over the next year.

Noting a Guinness couldn’t cure

Always drink responsibly.

Drilling programme will begin and then let’s see where we are at.

Fully funded drills.

Murphy’s Law stipulates that next RNS will be to announce spud.

It takes time to go from a signed drilling contract to carefully prepared drilling campaign. Worth it as reputable companies plan for success. Vecta and Desert Eagle will be ensuring everything is lined up for a successful drilling campaign.

Murphy’s law dictates that the next RNS happens when spud starts :-)

5th March plus 7 days could mean. J-4 intermediate section is announced on ASX, if things follow J-31 pattern.

I’m thinking intermediate section this week and TD next.

Great weather for drilling.

Something I hadn’t noticed before in the Blue Star ASX from 5th March

‘At TD wireline logging will be conducted, followed by flow and pressure readings AT THE WELLHEAD. etc etc’

So we will have a good indication in the not too distant future.

Intermediate section imminent and then five days to TD, if similar to J-31.

5th March spud for J-4 plus 1 week takes us to around 12th March for Intermediate section, so news in next couple of days.

Perhaps the next RNS will be to announce spud.

I suspect the CPR will confirm what is already known; artificial lift and multiple wells are required.

Water is not a problem and HE1 have already spoken about the design of of a development ‘plant’ which would be scaleable up for production. HE1 were talking about selling from the well head, with others who specialise taking care of the transportation.

I am happy to wait the length of time to HE1 being a major helium producer. When it happens, there will be worthwhile profit!

I suspect SP and recent sell are more down to another helium share doing well and expecting more good news than about MSMN. Itself.

As soon as drilling starts, investors will be back. Recent interview talked about decent seismic and location data. Low risk drilling and infrastructure ready locally. Plus USA very progressive market.

Listened to the interview and seismic sounds good.

Weather looks good for drilling next week.