Member Info for HereforHemo

Roger their next session is on 27th August

''May it (Tanzania) because the country that has the greatest reserves of Helium in the world"

Great research 5085.

Two things I took from the latest tweet and the paragraph extracted 'hold onto your balloons'.

Firstly, if you didn't have a commercial reservoir you wouldn't have much interest on market growth.

Secondly, I find it interesting they posted it AFTER analysing the datalogging.

In my mind it's nonsensical to think they'll do any interview before the EWT results are published but highly likely they'll give us some more pointers as we progress the flow tests. GLA.

What I do know is this.

The East African Rift (EAR) is the largest seismically active rift system on earth today, with frequent earthquakes occurring near the Afer Depression to the north of Rukwa. These in turn cause what's called Depositional Megasequences, which in essence are the final layer of a basin that in effect keep all gases from escaping through a thick layer of sedimentary deposits.

This, coupled with the fact concentration levels are notably higher than 4.7% (we have found over 10% at our other prospects, as have Noble) and the numerous Geologists from Tanzania, Oxford. Durham and Australia can only lead you to one conclusion. If you add the preliminary work, environmental, sub surface analysis, production plant design etc, and even the President of Tanzania name checking helium...

Just join the dots..this is pure helium carried through nitrogen, it's unique, it's huge and it's been found by little Helium One. It simply has to be a multi billion dollar find.

Personally I'm not looking past the EWT. First interval flow testing for one week starts tomorrow imo. Will they tell us anything after that, who knows, who cares.

A matter of weeks we'll know just how valuable this reservoir is..$1-2bn is my guess.

All in my opinion.

Pub to me its been obvious but yo repeat my earlier post...

I'll say it once more, our Rukwa find will be huge, transformational, it my honest opinion it will be worth billions of dollars. With a Mcap of £70m you'll get a handful of these opportunities in your lifetime of investing.

Matt with a proven reservoir around 15bcf or over with concentration levels above 5% could and probably would see this at anything from 6-10p. IMO.

Whatever is proven its going to be a lot higher than it is, that's a fact.

Don't think that links working but anyone can do their own search. Noble think they'll have 15.7bcf on their first drill at Rukwa so that should give a good indication of what we should find on the EWT, as we're far more advanced than they are.

I'll say it once more, our Rukwa find will be huge, transformational, it my honest opinion it will be worth billions of dollars. With a Mcap of £70m you'll get a handful of these opportunities in your lifetime of investing. Just my personal opinion.

An interesting interview with Noble last year. They anticipate revenues of $400m pa at Rukwa, and I think our deeper drilling should double that. Also, you would think both Noble and HE1 would get great economies of scale on the processing plant by using the same offtake partner. Just a thought.

https://www.google.com/search?q=noble+helium+investment+interview&oq=noble+helium+investment+inte&gs_lcrp=EgZjaHJvbWUqBwgCECEYoAEyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigAdIBCTIxMjg5ajFqNKgCAbACAQ&client=ms-android-samsung-ss&sourceid=chrome-mobile&ie=UTF-8&chrome_dse_attribution=1#fpstate=ive&vld=cid:d3954c59,vid:MyV14h62ZSQ,st:0&vuanr=4

IG two things you failed to mention that are somewhat important.

Firstly you plant you eluded to processes carbon dioxide so the build economies are totally different, hence why HE1 are looking at a modular design,building up to a $50m plant in time.

Secondly, and perhaps more importantly, you fail to mention GGE don't own and didn't build the plant, it's a massive processing hub owned by their offtake partner Paradox. They will just use the Paradox pipelines and plant facilities retaining 80% of the revenue with NO capital outlay.

In summary, the plant costs bear no relation to HE1 as we have Jo hydrocarbons and whatever the plant does cost, it won't be HE1 footing the bill it'll be the chosen offtake partner.

London as people know I think its worth billions of dollars. All we need now is what every explorer (and investor) needs, a little bit of luck..

Of a small AIM company with a Mcap around £70m that is sitting on what looks very much like BILLIONS of dollars of revenue from just one of many prospects?

Answers on a 🎈. GLA

London EWT's are quite common. What's uncommon is awaiting results for something as valuable as Helium and the fact hydrogen is also present, all carried by nitrogen which is also a saleable commodity making this a totally green play. Unique in fact and highly profitable.

15 trading days before it really gets interesting.

They may inform us that they've started the EWT on the first interval on Monday and expand on what they've found in the mudlogging to date, or they may not.

Wouldn't surprise if they updated us on what they found in the first interval though before the final results as known.

But, the final results are all that matters to me, traders can trade..I'm holding.

RUKWA8 Aug 2024 22:13

I've been trying to understand why Helium One choose Tanzania and particularly the Rukwa basin.

Most will know it's part of the East African Rift which is the largest seismically active Rift in the world.

From what I understand, where they are doing the EWT has experienced what's called a Megasequence, which creates a basin topography.

In short, I think the EAR coupled with this depositional Megasequence has created a vast helium reservoir with high concentration levels with sedimentary deposits sealing it in. Bloody hope I'm right..as I now feel like a qualified geologist lol.

https://www.researchgate.net/publication/272152069_Sedimentology_and_depositional_environments_of_the_Red_Sandstone_Group_Rukwa_Rift_Basin_southwestern_Tanzania_New_insight_into_Cretaceous_and_Paleogene_terrestrial_ecosystems_and_tectonics_in_sub-equa#pf5

Jim Pulsar is different as they haven't done an EWT yet so haven't proven the resource at this moment in time.

Fly that's incorrect. There's just over 3 weeks left of the EWT and there's 2 intervals to test each taking 1 week to test with a further week allocated for clean up operations. Almost certainly the first interval will be tested next week.

I've been trying to understand why Helium One choose Tanzania and particularly the Rukwa basin.

Most will know it's part of the East African Rift which is the largest seismically active Rift in the world.

From what I understand, where they are doing the EWT has experienced what's called a Megasequence, which creates a basin topography.

In short, I think the EAR coupled with this depositional Megasequence has created a vast helium reservoir with high concentration levels with sedimentary deposits sealing it in. Bloody hope I'm right..as I now feel like a qualified geologist lol.

https://www.researchgate.net/publication/272152069_Sedimentology_and_depositional_environments_of_the_Red_Sandstone_Group_Rukwa_Rift_Basin_southwestern_Tanzania_New_insight_into_Cretaceous_and_Paleogene_terrestrial_ecosystems_and_tectonics_in_sub-equa#pf5

Espen did you know that Pulsar's helium find and founder was the same guy who founded Helium One, who were the first dedicated Helium exploration company.

https://www.researchgate.net/publication/272152069_Sedimentology_and_depositional_environments_of_the_Red_Sandstone_Group_Rukwa_Rift_Basin_southwestern_Tanzania_New_insight_into_Cretaceous_and_Paleogene_terrestrial_ecosystems_and_tectonics_in_sub-equa#pf5

Still investors with sizable profit to take out before we start the next climb up in my opinion. Churning through them nicely though.

I've said many times it's always better to read the RNS's and deal in facts and the facts are Lorna has 68 million share options and Graham has 48 million. Most sensible people would think that's enough motivation for them both.

People can try and detract from the massive potential here all they like, but again factually they've got around 16 trading days left before this is many multiples of today's price, and I guarantee one thing...you'll never hear from these individuals again.

https://www.lse.co.uk/rns/operational-update-m1hklmvrv1b9e7j.html