Member Info for keithie1

Songwe Helium refers to a joint venture between Helium One Global and the Tanzanian government for helium exploration and extraction in the Songwe region of Tanzania. Helium One will hold 83% ownership, with the remaining 17% owned by the Tanzanian government. This venture will operate under the newly formed company, Songwe Helium Ltd. The joint venture agreement follows the award of a mining license for 480 square kilometers in Songwe.

Good morning all don’t know if any one follows ShareTalk on X HIS 2/11/24 is very good and gives an in-depth write up about helium why it’s needed its importance and what companies are searching for it and where it’s to big to copy paste so have a read .

Helium One Global has made significant progress in its drilling operation in Tanzania. The Itumbula West-1 well has completed all logging and testing operations, revealing a high concentration of helium and hydrogen. The helium concentration reached up to 4.7%, almost 9,000 times above background levels, indicating great potential for the helium reservoir. The well also encountered hot basement fluids, suggesting the presence of a low enthalpy geothermal system. The company has reported increased efficiency and productivity in its drilling rig.

I sold at a huge loss and got fed up of watching red each day, when I researched this one I thought great good news and this share was going places , but all I have seen since I joined is red each day should of stayed where I was like they say you only loose when you sell and boy I did.

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has provided a hotly anticipated update on its operations in Tanzania, where it says that the drill stem test (DST) of the Itumbula West-1 well has measured a minimum flow rate of 0.5 million cubic feet per day, with a helium concentration of 4.7%.

The company now intends to carry out a more extensive and detailed extended well test (EWT) on the same well in the third quarter of 2024.

It is now also advancing desktop work, to compile resource estimates and subsurface modelling.

Helium One also revealed it’s starting talks with potential vendors for production facility engineering.

It represents the first steps towards establishing a pathway to production for the helium project.

"The company's focus is now on appraising and evaluating the resource potential at Itumbula West-1," chief executive Lorna Blaisse said in a statement.

“Whilst progressing the subsurface work, to better understand the resource estimates in a fractured Basement and fault play, we are planning the next phase of operations.

“An extended well test at site will enable us to confirm commercial flow rates and fluid composition, whilst continuing to plan for development and production scenarios in parallel.”

Blaisse added: “This is a highly exciting time for the company as we transition beyond exploration.

“I look forward to providing further updates as we progress our plans in due course."

At the same time, the company revealed it is primed for the next round of drilling – as it highlighted that its owned drill rig is “currently hot stacked and remains in a state of operational readiness”

Thanks 5085 for sharing , wow HE1 is leading the way in Tanzania fabulous hold for gold no hold for Helium ,

Great RNS , but what a load to take in to be honest I got a bit bored after a while yet lots of info there.

What I don’t understand is why couldn’t some of this RNS be released in small doses keeping lTH informed and happy with progress which would stop a lot of hate messages on this board , and also why hasn’t the share price rocketed it seems that when good news come the share price doesn’t react to it very strange, anyway have a great day and good luck.

Been watching this a long time missed your last rise , but was stuck with huge losses elsewhere, but today bit the bullet sold and put it in here. Fingers crossed I get something back.

At least it’s money coming in 😂

Tried selling on Halifax but no this is going to drop big time me thinks.

Heck this board is sounding like Syme each day.

After reading this RNS I am out huge loss got to be a reason for these late payments good luck every one .

You can contact Shaun Day on Twitter hope this helps.

Just search his name.👍

Well market don’t seem to like the rns on ADFN down on opening 12 percent to 09 😱

Well things are slow here , but thinking about the kind of business we are invested in , for a company to contact Syme arrange a meeting with all associated to talk and meet with directors who are probably on holiday, and then for Syme to check finances, You can then understand why it’s taking so long for news. Good luck everyone just patience needed.

Why when we hear good news we hardly move ,on ADFN there was a dump of 200 million shares why? All in 25,000,000 blocks.

Just my thanks to the persons who gave up there time and money to attend the AGM I watched and listened to it all and I thought the questions asked were very precise and they answered best they could without giving anything away.THANKS GUYS.

Just thought I would check in and I see we are up to our old tricks of going backwards.

Anyway got to share this we are in Pireaus Greece 38 degs phew anyway we went into a supermarket this morning and I said to the lady on the till in Spain we call the bag a Balsa what do you call it and she said plastic bag lol 😂.

Why are we down when sold is 21 mil and buy is 53 mil. Very strange.

Good luck everyone should be an interesting week for us all.