RE: Looking ahead14 Jul 2023 12:13
IG
While throughly appreciating your thoughts on potential value,
there is an other dynamic which bodes well for any provider,
no matter where this is located, if the demand is greater than
the supply and if that element of resource is defined as ‘finite’;
Currently, consumption is far greater now, than when stockpiled
by the USA until the mid-70’s - that’s 50 years ago, technology has
advanced so much over these past years, it’s cooling properties
is critical for our ever evolving Space exploration programmes, as
well for life-defining medical use and manufacturing processes etc..
Apologies for being long-winded, it is fact, this demand when
compounded over the next 50 years, will see the price of Helium
soar to unimaginable levels, as those who want/need it will pay
whatever to ensure their ongoing access in the supply chain.
Nuff said, just saying, though it’s an outlook shared by many in
the scientific and World leading economies.
To reiterate, recognition of the true current/future value of
HE1 has still not been truly been assessed by the markets;
that said, it’s somewhat acknowledged by the current demand
for our share, however, we still need a confirmed discovery,
even if it means drilling more holes than a golf course, we
can/will find/prove commercial helium in the Rukwa basin.
Currently holding in excess of 1,250,000 share - skin-in-the-game.
GLA
IMHO/DYOR