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Mr 1m continues to load up at premiums

Reg it wasn’t to keep the lights on it was to confirm growth on a monster discovery worlds largest.

HE1 due to be a world leader in Helium and hydrogen production.

The spring board is flexing up.

HE1 the spring board has deflected and limbering up in effect

A week of drilling straight into the traps

Rapid.

Hers the interview explains the full plan from planning to discovery.

https://youtu.be/ZhGrrxAi5qE?si=R82Ln_gYxoKhg09E

These wells are not that deep either so expansion and development will be rapid in terms of well exploration.

This has been stated in previous HE1 interviews from 2-3 years ago. YouTube link to interview I’ll have a quick search for. Hold on.

Depends on the geology. The Rukwa basin is not complicated. Excess helium is coming to surface in high concentration around the periphery of the basin which helps pin point targets within the basin.

Question now is will they reenter and deepen the first well before moving on to the next.

The first well helped them understand the basin better positioning for the second which looks like they hit the sweet spot.

How much sweeter can it become is the consensus now.

As Lorna stated. Potentially the world’s largest Helium resource globally. And no carbon dioxide or Methane present. Outstanding

Cheers shipwreck just joined.

Helium 9000 above background. Hydrogen 37000 above background. No carbon dioxide No methane.

Largest globally by a big big margin.

They will develop this site quick-march now won’t sit around.

They expect Rukwa has 100 years of production in it. Video was posted here last night.

Well HE1 data so far trumps NBE massive as it is.

Surely they will be sharing information so a collaboration could well be announced to make it official. Let’s see

The REAL Deal !

Lorna Blaisse, Chief Executive Officer, commented:

"The results that we have achieved from the Itumbula West-1 well, flowing helium to surface in such significant concentrations, has confirmed a globally unique helium producing province. By moving quickly and finalising this company led placing early on, we have been able to strengthen our working capital position, which will enable us to fully focus on the next phase of the Company's growth."

Must be a lot of Bear pie being munched today.

Torched bear pie.

And more news must be imminent.

Cant believe I’ve missed a good top up today.

InvestingGoals

OMG

Do you mean commercial discovery. Because they have made a discovery. Next steps determine commerciality. You can’t jump straight to that without making an initial discovery.

Indications so far are way above global standards of commercial helium producers 0.3-0.5% by a long long way. 4.47% and no co2 or methane which is very unique and sought after

138bcf helium is what they are targeting.

One step at a time and it is looking very promising

Earl. Missed the early boat don’t worry you can still join the party before you really are kicking yourself.