RE: Great presentation.6 May 2021 20:09
I wonder if we have some experienced geologists on this BB; I ask as I would imagine a story like this, the Helium story, is quite exciting and a first for the London Stock Exchange - I think we are the only Helium explorer on the LSE - and since we are talking about Helium it may attract some geologist to invest here.
If we have, I would like to pose a question to them, or, maybe to anyone here who could enlighten me with an answer; my point is this:
What I have understood from all I have read so far, ie. academic works since 1950s, PHD thesis, reports by Hannam and the HE1 as well as various newspapers and other mediums, is that Helium seepage has been recorded at the Rukwa basin at various locations at various rate up to 10.6%; I understand that Helium arouse from the source rock since the last geological movements, about 450 million years ago, which helped release the Helium and Nitrogen from the source rock upwards; Some of these gases then get trapped below in the pockets (traps) and if the seals are good enough, and what is not trapped continue seeping upwards through the cracks and faults all the way to the surface.
My question then is: 450 million years of seepage and still we have 10.6% rate of Helium showing up (way higher then other world Helium gas fields); can I safely say that the decay Uranium and Thorium is still continuing at greater levels enough to maintain a constant flow of gases to fill up the traps and overflow them so that seepage will happen on the surface?
450 million years and it is still going on! Could I even contemplate the idea that if the traps were not 100% effective, say, that some gas would still escape, that the source rock gas creation is so intense that both pressure and quantity would still make the trap an attractive asset? Meaning, seeing the on surface rates are 10.6% and not dilutes, the likelihood of having reasonable good quantities of trapped gases in each trap as well as pressure?
Sorry, I hope I wasn't too convoluted.
Thanks in advance for any replies.
ST
Sign In
Follow the stocks
