Member Info for knobbystyles

Goos to see this foundational activity - sales funnels start with industry interest before they move to speculative contact - proposal - direct negotiation - key terms - signed contract and then delivery and revenue. My experience of scale up's suggest there's a fair amount of optimisation across the sales funnel before profit gets booked. Some wise posters suggest into 2027 before level of success is know - I tend to agree.

You have to start positive but brace for a bumpy ride if business returns are significant. Every stakeholder will expect a share of the wealth, which is fair, but what usually plays out are Operator bad practices to max profit, government corruption and clandestine and illegal activities by stakeholders to gain a share. The dreaded resource curse. Tanzania has significant gas resources however LNG development discussions are more than a decade old with many changing goal post and still no FID. What I like about Tanzania Helium is that the challenge is a several magnitudes less than LNG eg. wells <2500m, onshore activities, basic processing facilities, lower spec transport so a business needing less capital, quicker development and revenue scale more manageable at a political level. The promise of hundreds of $millions has a better chance to succeed than multiple $billions imo. Still requires a massive aligned effort and plenty of patience. Believe and enjoy the ride !

Personally I’m waiting for outcome driven announcements like long term Galactica offtake agreement or progress steps towards a serious partner(s) in Tanzania. Some execs use 3rd parties to trickle communication into the market, not seen this with Helium One. Staying patient.

Any information how sales of hydrogen and clean power as a service are progressing ? These numbers will be key in June results as H-power turns to commercialisation.

Any information how sales of hydrogen and clean power as a service are progressing ? These numbers will be key in June results as H-power turns to commercialisation.

Mmmmmmmm .... moonshot. It's possible however it could also go the other way. The construction and transport demand for hydrogen power has massively reduced given the 5x forward price compared to hydrocarbons. AFC have grabbed that commercially and are pushing for cost parity which is significant. It then relies on companies who care enough about C02 reduction and other environmental metrics (noise, particulate matter) to take the risk on hydrogen supply and how to scale this up (compared to diesel). AFC's current market is at demonstration scale ie. 300kg/day but will need more than 100x that to gain significant revenues. They need enough contracts for H2 power units and H2 generation units this year to stay in orbit. Good luck to them.