Member Info for MCNol

For anyone who is interested Ashley has not yet received an email identifying any errors in his note dated the 25/06/25...

Give it a rest Blubay...

She is skating on thin ice...have you lost the plot whilst I have been away Blu?

I have emailed Ashley, he is expecting your message...

You correct him Blubay, you clearly know better

ashley.kelty@panmureliberum.com

As1,782381 traded so far this morning.

Someone needs live data...reported.

I would take the views of a Senior Analyst at PMUR the HE1 NOMAD over a chartered accountant for a McDonalds franchise any day.

Here is his email address if you would like to correct him Blubay; ashley.kelty@panmureliberum.com

In fact there is so much He down there in Rukwa that HE1 have set aside in the CPR what they plan to extract in the first 10 years and what they intend to extract in the following years. As stated by Ashley Kelty in his note on the 25/06/25:

'Substantial Resource base The CPR by respected industry consultants Sproule has assessed net contingent resources (reflecting Helium One’s 83% WI) of 245mmcf to the Itumbula development and net prospective resources across the rest of the mining licence of 589mmcf. A portion of the 2C resources (65mmcf) are categorised as ‘Development on hold’ which covers the resources set to be produced in the initial 10-year licence term, with the balance deemed ‘Development Unclarified’ due to the need for multiple licence term extensions in order to develop the full resource base.'

I mean that Alliance News as an outlet is a 'respected source' and that was their opening line in THEIR news release. Attention to detail, maybe pay some next time?

I would caution against listening to disingenuous posts that imply that the Institutional Investors are in it for a quick buck. There people will have invested with a view to long term gains and it is very likely they will be adding more investment as ITW continues to develop.

A respected source for the market has called Helium one;

‘ Helium One Global Ltd - helium explorer and project developer in Tanzania and the US state of Colorado’

https://www.ii.co.uk/news/in-brief-helium-one-global-arranges-up-to-gbp11-million-equity-raise-al1753083356990475000

Nice…

A link to keep an eye on

https://songwe-helium.com/

Our CFO featured in an article talking about his role in HE1

https://cfo-ea.com/articles/cfos-share-how-to-stay-calm-when-things-get-hectic/

I suspect it will be Institutional Investors who wanted Nishant added to the BoD so should not be too difficult for most to work out...

Institutional investors x 3, they are not going to work against each other or adversely affect their own investment for a quick 20%.

Lets not be disingenuous here and acknowledge that.

Https://im-mining.com/2025/07/21/mining-and-geothermal-power-natural-allies-for-the-future/

nice mention for us from eminent experts Dr Marit Brommer, CEO and Dr Helen Robinson.

The fact is most PI will not have the share certificates or ask their broker for them and so will not be voting in any case.

This is a no-brainer in any case, who, in their right mind, would vote against the means to progress these projects to cashflow?

More from the note in relation to the FS and release timings

'. A feasibility study has been submitted

to the authorities and the company will update the market

upon final licence award. We have updated our forecasts to

reflect the assignation of 2C resources in Tanzania. This

sees our TP move to 3.7p (from 3.6p). We reiterate our BUY

recommendation. '

*sorry 25th June 2025

As stated in the note from Ashley Kelty at PMUR

'We had not included any revenues for Galactica Pegasus in our FY25E

estimates, so the delayed start of production has no impact on projections at

this time. This leads us to upgrade our TP to 3.7p (from 3.6p). Our estimate of

the value of Itumbula is 1.4p (risked) and Galactica Pegasus is 1.1p (risked)

indicating that investors are not ascribing much value to either project at this

time. We would suggest that the need to secure additional funding in order to

advance Tanzania and the next phase of development at Galactica Pegasus

continues to provide a headwind for the shares.

We would expect the shares to be re-rated as further development progress is

made at Galactica Pegasus and newsflow around development activity in

Tanzania. We reiterate our BUY recommendation.'

We managed to get 10m Institutional investment in just under 3 weeks. This is a LTH for me. I like making money.