Member Info for kread

BBs veiws pretty balanced, galactica he is positive, but with Rukwa a good possibility in the long grass he is saying he would like to see he1 getting involved in another near term operation.

Makes sense, if we do not get a partner for Rukwa it cannot move forward and if we do get one will be a number of years. Galactica is a short term project that the 2ml pa revenues will not keep the lights on.

So I see his point about another nearterm project.

Good results 1 out of 3 si more updates to come from drill no3

Bit by bit.

A major on board would be absolutely amazing I agree.

But in my veiw this wont be the outcome as further derisking would be needed for a major, it's what they do.

"They know they need to bring it on fast!"

Statements like that make your posts a nonsense.

The board do not need to bring it on fast and they will tell yoi that is not how companies work. He 1 will move at a steady pace, processing and preparing data.

You make it sound like Lorna will be wearing a sandwiches board in the data room " helium, helium, come an get ya helium, going going, gone.

They do not need to bring it on fast, they get their wages either way.

Toffee everything your saying is if buts and maybes.

Which is to be expected exploration companies workmen that basis, stage by stage proving up, testing and then possibly declaring commercial.

But Rukwa is still a long way away from that, probably a couple of years, a lot of money as well.

It's still a big if.

And will continue with all future projects.

Brilliant to see posts on here with showing what a shambles of company Mast is.

Peter the meter man tying the projects up in a spiders web of accountancy loopholes.

With another what should be great RNs and another drop in the sp.

Well done PP for haveing the knowledge and effort to post the facts, you won't get then from PK.

Role on the accounts.

"So the grade of helium looks commercially promising."

And that is as good as it gets. So now he 1 are looking to partner up to carryout further exploratory work.

Rukwa is still in exploratory stage no matter how you phrase it, cut it or make up your own words.

The board have ended their last rns stating as much.

At this stage Rukwa is still a if, for sure.

Boring farts posting their veiws about he1 on a he1 posting board, the sooner there is some realistic conversation about he1 and it's potential the better.

If you read through my posts I have made my veiw very clear, he1s mcap is way to high, the board have stated revenues from galactica this year will be 2m then there maybe a bit of cream form the co gas.

60 + ml mcap for that is to high and proof of that is bluestar 12ml mcap.

That's why it's a sell.

Tanz is years away even if there was a partner found tomorrow. Still not proven commercially viable.

Well good to see another post with some realistic interpretation of the future work required for Rukwa and the need for a joint venture to help with this, not a joint venture to extract and sell.

Wow thought I was the only one saying this. Some on here think Linde gas will come along and start processing Helium and selling just because there is huge market demand. You will be disappointed, but then you deserve to be.

One thing I can say is have had a look at both he1 stated 2 months ago 2ml pa revenue. Can t be much clearer.

Blue Star macp 11ml. So a huge amout of our mcap must be based on Rukwa, which at this present time we have no way of noing if or when it will progress.

Can you guys justify the 10ml 65ml mcap difference.

Great mcnol go for it.

Heaven and earth will move! I agree, but not time, fast tracked tanz maybe 18months.

But as not yet proven commercially viable, no biggy gonna hand over 100ml to get there.

Toffee really, Rukwa will take years to bring one stream. You make it sound like their gonna knock on the door and he1 will start loading up tanks with helium.

Be serious, 20 days of pumping water producing £3k of helium. That's why there is so much more development to move it to be commercially viable.

Think it will go into H2 for co sales, what do we think it will add to to 2ml pa helium revenues?

Board didn't really give anything away on that.

2ml revenues by the end of 26, from HE1. I would take the boards figures above any Analysists, for sure. The Co2 will add a bit of cream but not until later this year. According to the board that is.

65ml mcap with 2ml revenues pa from galactica, even if helium doubles mcap still bloated.

Alan so you dont think Rukwa is years away then, give us a figure.

Stan has been a bit more realistic with Tanz timeline, not sure about his sp predictions though.

Agree quite amateur. Watch the agm video again, they explain quite clearly about shareholder value and funding needs to add value tonthe company and also as with any plc they have no control of the sp.

Bringing up the sudden change in markets for helium because of the ME is also daft, people thinking they could move tanz forward and get the gas to market and sell at a premium, or shout from the roof tops about tanz may have. It will take years to develop tanz, not days.

Very inaccurate and desperate.

Quite laughable, if you believe in the companies prospects and potential stick with it.

If your desperate you clearly dont have complete trust in the company.

If you get a reply it wont reveal anything new.

Made yourself sound a bit desperate,

He1 mcap will be more aligned with bluestar shortly.