Member Info for Folio

Err Kent , I think a certain G** had a sharp reaction , investing is not a short term thing , here or there.....

BEST Buy - You do realise MAREX is MREX - so the Market ....., well part of it ...

Tanzania

ESP work programme £4.0 million

Annual ML Fees/G&A £1.0 million

USA

Galactica development £4.5 million

Total £9.5 million Areas for Fundraise as per RNS

You've found the Gold, sorry rarer Helium, not one location , two , one extremly large, setting it potentially amongst the top 10 Producers Gloabally and people have a Melt down over preparing this to go into production as some extra Finance is needed first.

Southern Rukwa Project update

Oh and from today -

The Company has now been formally awarded the 480km2 Mining Licence ("ML") in southern Rukwa. In addition to this, the incorporation of the joint venture Company, Songwe Helium Ltd has now been completed and directors appointed. The Regulatory Framework Agreements are still being finalised, but as previously announced the Government free carried interest has been agreed at 17%.

Some people lack patience, others try thier luck chasing a move up and might get spiked, if you are in for the long term and are in any way clued up on how long some oil and gas projects take to start ypu would expect this. All part of the curve .

John Henry that is a load of cobblers, there are two avenues for the Finance. Clearly you haven't read it very well.

You may also have missed that fact that the are going into production in two Countries in two different Contients - it is spelt out very clearly what the finance is for. Dilution happens amongst some of the largest producers in the devlopment stage .

I've seen this happen on other mining stocks before, not being aware of the change. I suspect they were preparing an official one tied to the Tanzanian Government and didn't expect this to show yet imo.....

ENKI - I nearly spat my coffee out on that, keep up Lol...

HL seem so very poor (imo) Toffers , but everytime it is moving they seem not to shop around imo..... they go to they highest on the Bid (MM)

At least it's now moving in a positive direction.

Blubay - that's nonsense it was not Active yesterday it only showed as Application approved yesterday (what you said|).

It is NEWS - it's fully Active as ready to go, before that it was Application Approved. ML 0795/2025 Application date 27/02/2025.

ACTIVE 04/07/2025 - only showed up on Map today. Huge News.

Even funnier Toffers it's SCAP not HL lol....

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*Channel

It showed Application Approved on MAY the 20th - Anyone can see it on the Telegram research cannel on that date "Application approved". Consiodering the Portal and the Main Government site has been offline for sometime , it' has not just become visible...

Blubay what date did you see that?

Fos clueless .... In fact it's hilarious how much you don't know 😂

Toffees ENI Spa may well be involved in Africa, as yet they are not involved in the Helium market. Not ruling out that this could be a first,

Blubay June - 186250796 SONGWE HELIUM LIMITED Dar Es Salaam, Kinondoni, Msasani, 14111, Oysterbay, Toure Drive, 369, -, Kilwa House Registered

If you go to Telegram. And the Helium One Research Channel you can see that the Helium One ML transferred to Songwe towards the end of May. The portal has actually been offline for about a week, it's not uncommon.

Helium in Africa . While Sinopec might sound interesting .

The Helium specialists are also in Africa.

Linde - are in Algeria, Botswana, Malawi, Mozambique, Namiba, South Africa and Tunisia.

Air Liquide are in South Africa

Messer Group - Algeria

Acail are in Angola

Air Products are in South Africa.

I would suggest that it may well be a Global comany with operations in Afica and China that may well be the answer, however not ruling out Sinopec..