Member Info for Folio

Earlier in the year there were 18 active licences , including 9 marked as applications. The site is rather slow in updating so will try again ....

Could be a Bed and ISA going through imo / sells followed by buys ...

It carp from BB as usual...

HE1 is fully funded, with an income stream coming online H1 2025 .

Should be rubber stamped by the Energy and Carbon Management Commission of Colorado of the oil and gas development plan submitted to the CECMC relating to the Galactica Project and known as Galactica-Pegasus OGDP I and having Docket No: 240400088. There is an 85 page PDF to look at online that Blubay posted a link yesterday . It's live streamed on Wednesday after UK market closes ....

JC - you've now set Robbie up as Robbie Balboa, he's taken a few knocks along the way , fight his corner and there will be a Gold belt in Kenya and Tanzania.....here's hoping.

Likely RNS this week after Coladado Energy and Carbon Management approval (meet Wednesday after UK close)

2 weeks today HE1 are at the Helium Summit in Houston . Again this is a chance for face to face discussions with the Majors. (Their panel is hosted by Iwatani America)

Mining Licence can drop anytime , latest is expected December imo (Again see HE1 Interview). An MOU could be signed prior to it be granted...

H1 2025 HE1 should see income from Colorado . (As per RNS)

This covers HE1 for the longer development stage in Tanzania (again subject to ML and route HE1 take).

2 things as drivers "News - RNS", and sentiment ....

Again all is available DYOR ...

Yes Blubay - we are all glad you aren't .....

Does it matter - it's all agreed and the money is in place to cover it.

The more significant part is that it should be rubber stamped by the ECMC on Wednesday and we should see that by the end of the week imo...

P2 "The Company believes that this will be the first step in developing a diversified and wider operating asset base, one that will lead to greater growth opportunities and provide an accelerated income stream and near-term attributable reserves that will benefit shareholders and stakeholders.

The full development programme for the Galactica Project will require the drilling and tie-back of 15 wells, as well as commissioning of the relevant He and CO2 processing equipment. The initial programme, which has been funded by the capital raise, will require the drilling of six development wells which are planned for Q4 2024. Once these are complete, it is forecast that the sale of He and CO2 from these initial wells, will generate sufficient cash to fund the drilling and tie-back the remaining nine wells as the project is close to existing helium processing facilities, associated infrastructure and downstream users.

The initial wells are expected to be on stream and producing in H1 2025 and an independent third-party competent person's report indicates that an average of approximately US$2 million per annum will accrue to the Company over a period of five years. However, these estimates represent only sales from the production of helium, and the Company believes that the sale of associated CO2 into the local market, could increase this by up to 50%. "

However I suggest anyone read the RNS 27TH August in full....

Blubay - "The Subscription

The Subscription was made with a single institutional investor, Cynosure Capital PTY Ltd, with Marex Financial acting as the placing agent, and will enable the Company to meet the financial obligations under the Agreement which will result in the Company acquiring the Interest. Subject to the conditions in the Agreement having been satisfied or waived (if capable of waiver), the net proceeds of the Subscription will be applied in respect of the Acquisition as follows:

· US$1.5 million in respect of past costs incurred by Blue Star on the Galactica Project;

· 100% of the costs in respect of six wells capped at US$450,000 per well;

· up to US$2.55 million in in respect of the Company's 50% participating interest share of the tie-back, installation andprocessing expenditures required for the development of the Galactica Project;

· the balance of US$1.18 million in respect of associated fees, legal costs and working capital and development contingencies." - However there is something else.......

*From 27th August RNS

"Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, announces that the Company has entered into a conditional binding heads of agreement (the "Agreement") pursuant to which Helium One has agreed to acquire a 50% legal and beneficial interest (the "Interest") in ASX listed Blue Star Helium's (ASX: BNL) ("Blue Star") Galactica-Pegasus project in Colorado, USA ("the Galactica Project"), as well as a similar interest in the leases associated with 246 km2 (61,000 gross acres) of acreage in the proven helium fairway of Las Animas County, southern Colorado (the "Acquisition"). " "Highlights:

· Conditional acquisition of a 50% interest in Blue Star's Galactica-Pegasus project

· The Galactica project contains confirmed discovery wells in the region flowing up to 6% helium (average of 3%) as free gas and are well positioned close to existing helium infrastructure

· The Company's internal gross resource estimates, assuming a P50 Helium concentration of 3%, are 675 million cubic feet

· Full development programme for the Galactica Project will require the drilling and tie-back of 15 wells, as well as commissioning of the relevant He and CO2 processing facilities

· Initial six development well programme planned for Q4 2024 which are expected to be on stream and producing in H1 2025"

Thanks for sharing Blubay after reading the really long pdf there doesn't seem to be any public objections noted in the most up to date one. Good to see there is a lot of context to the submission.

Blubay , you really as bad as a troll if you find it non factual , you keep trying to control the narrative ....

Between the repetitive bleaters and negheads who come out with unreasearched drivel and -

A World class Geologist .

A World renowned professor .

A Helium expert with over 20 years in the Helium Industry,(BOC, LINDE, Matheson, Global Gases America )

The world Number SLB/Schlumberger

Parker Wellbore

Oh and the support of the Tanzanian Government .

A stake in a well advanced field in Colorado - due to for production Q1 2025 .

Oh and just before they fire back the usual spanner, It doesn't matter if you are Barrack Gold , the area goes completely viable when the Mining licence is approved.

They have an anticipated timescale and also one for production.

That is why Colorado allows an earlier income stream .

It's all online for anyone to see.....

Investing Goals ...

There is one thing HE1 can state - They have no hydrocarbons to worry about ........

Amazing how mr loose pants hasn't worked out any company with any resources needs a mining licence first.

I might have 5 tons of gold at the bottom of the garden, ain't going anywhere without the licence , due soonish ...., btw neighbours are jealous......

I did read it btw just out of curiosity.... , it like a fin version of the the daily **** , just write headline for attention clicks for adverts.imo.

If you think they have unearthed something pivotal by all means share, but it's the same mo like it always is....

Motley F **** is purely click bait

Not ever worth reading on any stock imo.

Mr Gen Z , got into the type of flap seen like another Flapper character.

Any person who has seen a Well site knows it a simple X of for the factor of wells, the storage towers and piping is pretty straightforward, no hydrocarbons to worry about and you have water as a by product.

Export channel is via road and by port, the port is there and it is simple to export Helium via Helium containers.

Three Major markets are close by, India, Japan , and China....