“Early engagement with vendors regarding production facility engineering as the Company's focus transitions towards development and production”
Walter Joe Mitty due to miss out once again. Kicking and screaming episodes galore all over again.
Watch for the red dot tomorrow morning. Hold tight. We are closer again today.
Helium and hydrogen flowed to surface get over it Walter joe Mitty.
“Unique transformational wealth opportunity for investors.”
Where rare helium-rich underground gas fields have been found, they always occur alongside high concentrations of nitrogen gas. Until now, there has been no explanation for this. For the first time, this new study, which also involved the University of Toronto and Durham University, provides an answer. The research team built a model to account for these helium-rich deposits by (for the first time) factoring in the presence of nitrogen, which is also released from the deep crust along with helium. The authors identified the geological conditions where the concentration of nitrogen becomes high enough to create gas bubbles in the rock pore space.
https://www.cryogenicsociety.org/index.php?option=com_dailyplanetblog&view=entry&category=industry-news&id=172:new-study-could-help-pinpoint-hidden-helium-gas-fields
Walter Joe Mitty. Suck it up your negativity caused you to miss the boat. Some people don’t learn. Bless you Walter. Still not too late tho butttt you don’t learn so never mind.
Potentially world’s largest helium resource looking more likely since he1 finding the sweet spot.
Also the hydrogen at 2.2% concentrations will likely be as big as the helium.
Hydrogen £106bn narket
Helium £5.6bn market
5085 lol. Nobody is but it’s just one of the goon tricks to try squeeze some stock out of holders here.
It dropped and backtested the breakout with success.
Bull flag formed now.
Wait Amon I you said this 5 weeks ago. ;)
Yep the goons were released from their shackles to target this bb to try shake out pi’s using misinformation all the tricks of the trade.
Helium. 5.6 Billion GBP market.
Hydrogen 106 Billion GBP market
He1 - Lorna “Unique opportunity of transformational wealth for investors.”
Hydrogen He1 2.2% concentration 37k above background.
Professor Chris Ballentine (Department of Earth Sciences, University of Oxford), co-author for the study, notes: "The amount of hydrogen generated by the continental crust over the last 1 billion years could power society’s energy needs for over 100,000 years."
"Much of this hydrogen has escaped, been chemically reacted or used up by subsurface microbes – but we know from studying the gas in deep locations in the subsurface around the world that some of this hydrogen is indeed stored underground in significant quantities," adds Co-author and Professor Barbara Sherwood Lollar (Department of Earth Sciences, University of Toronto).
Hydrogen $135 bn market £106 Billion
The model also suggests regions where large amounts of hydrogen gas may accumulate underground, since the radioactivity that generates helium also splits water to form hydrogen. With a global market of $135 billion, hydrogen is used to create fertilizer and to produce many compounds essential for the food, petrochemical, and pharmaceutical industries. Virtually all hydrogen gas is currently produced from coal and natural gas (methane), and this alone accounts for 2.3% of global CO2 emissions. Hydrogen-rich underground deposits could provide an alternative carbon-free source.
Itumbala He1 unique green discovery.
In addition, almost all helium today is a by-product of methane or carbon dioxide natural gas production. This carries a significant carbon footprint and hinders ambitions to achieve net-zero carbon emissions by 2050. Together, these reasons mean that identifying alternative, carbon-free sources of natural helium has become critically important.
£5.3bn market
When the researchers applied the model to an example system (Williston Basin, North America) using expected nitrogen concentration values, the model predicted the observed nitrogen/helium proportions in real life. The model could help identify areas likely to contain similar helium-rich deposits. Helium is a $6 billion (£5.3 billion) market, with the gas being essential for the operation of MRI scanners, computer chips and fiber optic manufacture, and state of the art nuclear and cryogenic applications. A current global shortage has pushed supplies almost to a crisis point, with prices skyrocketing in recent years. The situation has been escalated by the Ukraine war, since this ruled out helium being supplied from the new Russian Amur plant, planned to supply 35% of the global helium demand.
Such a process can take hundreds of millions of years, but when it happens, the associated helium escapes from the water into the gas bubbles. These bubbles rise, because of buoyancy, towards the surface until they hit a rock type that doesn’t allow the bubbles through. According to the model, the helium-rich gas bubbles then collect beneath the seal and form a substantial gas field. The nitrogen and helium-rich gases contain no methane or carbon dioxide, so tapping them does not release carbon emissions.
Where rare helium-rich underground gas fields have been found, they always occur alongside high concentrations of nitrogen gas. Until now, there has been no explanation for this. For the first time, this new study, which also involved the University of Toronto and Durham University, provides an answer. The research team built a model to account for these helium-rich deposits by (for the first time) factoring in the presence of nitrogen, which is also released from the deep crust along with helium. The authors identified the geological conditions where the concentration of nitrogen becomes high enough to create gas bubbles in the rock pore space
https://www.cryogenicsociety.org/index.php?option=com_dailyplanetblog&view=entry&category=industry-news&id=172:new-study-could-help-pinpoint-hidden-helium-gas-fields
Thanks to Zico on the other forum for the link.
Great posts today guys. Credit.