Member Info for MCNol

Absentee's today are notable, suspended by any chance?

The fact that the government have come out and openly said they will be producing for 10 years plus tells you all you need to know. Lets hope people pick up on it and benefit from the imminent rise.

What a lovely end to a week of great news. Onwards and upwards 🚀

There is certainly an Iceberg order in, just look at the 2 mill trades this afternoon and the timing.

New article

https://dailynews.co.tz/tanzanians-see-helium-benefits-before-project-starts-production/

The mining licence offer was confirmation that financing was available and evidenced. We have a EISA certificate issued. This is happening, just sit tight and enjoy the ride.

It was interesting that none of the BoD were on site?

I agree with you Pete, the patient will make a fortune whilst the impatient Troll, abuse and disrupt, blaming everything but themselves for their own situation.

I must be a real threat to FUBAR, and his Daily Troll accounts, that is why they attack every day. Simple jealousy, sad low life.

Blubay, I have emailed Tavistock to ask if they can circulate it to UK outlets. We should see something later.

I would have liked an RNS telling us about the compensation and not learned it in the media. Hopefully we will see it soon along with the CPR.

Helium One, the pioneering company in helium exploration and production in Tanzania, has officially completed compensation payments exceeding TZS 100 million to residents of five villages in Momba District, Songwe Region—marking a key milestone in the progress of its long-term helium development project.

The compensated communities—Itumbula, Lwatwe, Masanyinta, Mkonko, and Muungano—had provided land for the project’s operations. According to Emmanuel Ghachocha, Project Supervisor at Helium One, all payments were made in accordance with national laws, supporting local stakeholders impacted by exploration and drilling activities.

The project, which began in 2015, has already delivered strong results. From 2021 to 2025, the company drilled four exploratory wells, with major discoveries at Itumbula West 1 and Tai 3. Testing revealed helium concentrations of up to 7.9%, underscoring the region’s significant potential.

“This project is not short-term—it’s a long-term national opportunity,” said Ghachocha. “We’re looking at more than a decade of development and production.”

Source MoM TZ Linkedin

Https://www.londonstockexchange.com/news-article/LSEG/transaction-in-own-shares/17005087

I expect it will not be, just good news after all. The catalyst will be the CPR and RFA.

Https://x.com/habarileo/status/1915345667574157538?s=61&t=EbKFRIzqZCXWLvB68j-aTA

HE1 Field Superintendent,Mr Emmanuel Ghachocha

“From 2021 to 2025, Helium One has successfully drilled four wells. The most promising results came from the Itumbula West-1 and Tai-3 wells, where significant helium concentrations were found,” he said.

He explained that extended well testing on the Itumbula-1 well indicated a helium production rate of 7.9 per cent, while further testing showed surface helium concentrations of 5.5 per cent—a remarkable figure in the industry.

“This project is expected to run for more than 10 years of sustained development and helium production,” he added.

Following these successes, Helium One submitted a formal application for a mining licence in September 2024, including a feasibility study and Environmental and Social Impact Assessment (ESIA).

“In March 2025, the Mining Commission issued an offer for a mining licence covering 480 square kilometres, which the company accepted. Final regulatory processes are currently underway as we prepare for the next phase,” Ghachocha noted.

He further revealed that Helium One has obtained government approval to construct a Helium Gas Processing Plant in Momba District.

Https://dailynews.co.tz/tanzania-sees-fortune-in-high-priced-helium/

I have been looking at TZ law and have run this past a Corporate Lawyer who works in Africa and come up with this timeline.

Project Licence Approval 6–9 months Mining Licence approval, we have managed this in 6 months.

RFA Negotiation 3–6 months, Government review and approval of SPV terms

SPV Registration 3–14 days, Standard corporate formation under Tanzanian law.

Operational Readiness 3–6 months, Funding, infrastructure setup, and compliance verification.

So we should be looking at Cashflow 12-18 months from September 2024 for the TZ project.

‘ Helium One Global appears well-positioned for long-term growth, provided the company continues to execute its strategic plans and capitalise on the favourable market conditions.’

Not my words, source AIME

‘ Revenue Potential: The plant is designed to process helium and CO2 from the Galactica-Pegasus reservoir, which has demonstrated helium concentrations as high as 8.8%3. With stabilized flow rates projected between 350,000–450,000 cubic feet per day, the plant could supply a significant portion of the U.S. helium market3. This suggests a potential for substantial revenue generation.’

Source AIME