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LOTM -13

OK, thanks.

Wanted it for my own notes. Did think $15m was a bit low. LoL.

LOTM-13

00:16. Fri, 23.2.24

"20MMCFGD = NET ANNUAL CASH FLOW ----OVER $100M."

"Gas co lends them $15m."

Https://cruxinvestor.com/posts/helium-one-he1-focused-on-making-a-world-class-discovery

"150% price increase US$200mcf to US$375mcf. MKT SIZE IS ABOUT 6BN CU FT -increase over next 10 yrs to 8.5 Bn cu ft.

Looking at anything between US$2.5bn - US$4.5bn /year. HELIUM 1 HAS A CARRIER GAS, NITROGEN, which they are finding at SURFACE, S E E P I N G at 10% HELIUM & 90% NITROGEN with VERY FEW IMPURITIES. HE1 to come to production LOWER C O S T. They can separate out PURE LIQUID HELIUM, which goes into TRUCK mounted ISO contains to Dar es Salaam, & mount it into container ships & the nitrogen can be vented into the atmosphere.

They have done MICRO SEEP analysis- IDENTIFIED HIGH GRADE HELIUM SEEPS at surface. Done MICRO seep analysis identified ANOMALOUS HELIUM GAS -------------ACROSS THE BASIN--------INDICATING THE HELIUM IS MIGRATING -ACROSS THE BASIN.

THE MAIN PLAYERS ARE CO'S LIKE EXXON, MOBILE, QATAR GAS, RAS GAS ARE COMING IN AS WELL. It is produced by majors as a by product. Simple access -35km from Tan-Zam HIGHWAY, flat lying. SIZE OF PROJECT 138BN CU FT, PLANT US$50M [independently verified by SPK & NS & I - 2 studies]. HIGH MARGIN PRODUCER."

Minchin is interviewed by Crux and there is also part transcript. Minchin has explained everything. From what LORNA BLAISSE SAID TODAY, THUR, 22.2.24 ----------ONE CAN GET IT FILLED IN BY MINCHIN.

US$50m [in £, less than mkt cap] vs Mkt cap of HE1 is not demanding ----Minchin said partners oil co's etc. IN GENERAL, WITH OFF-TAKERS, FUNDING IS NOT A OBSTACLE as norm?

Sorry : Notes stated 138 bn cu ft, not 338. Late and got to go to zzzz soon.

P.S. "WORLD CLASS DISCOVERY" was the words that ran across on the right side of the Crux Investor interview. So, it is always taken to mean potential then.

From a Crux Investor interview, 2 years ago:

" 3 3 8 bn cu fit, P50. More ambitious [not local mkt], CHANGE THE WAY IS SUPPLIED - PRICE MAKER TO DETERMINE HOW HELIUM IS MARKETED, how helium is supplied NEXT century."

"Tanzanian govt - Deputy Minister: Helium One , good story , investment to Tanzania.

ONE YEAR , engineering & construction." -David Minchin, former CEO of Helium One, before Lorna Blasse.

Comment:

He gave the juicy parts out already. In another interview with Director's Talk, recall Minchin says that about OIL & GAS CO's as partners etc. Lorna today mentioned: ENGINEERING, govt etc. So, known for a long time. I have been listening to everything I can lay my hands on , hence not active on forum for some time. Please check.

Typo. Interviewed.

For some reason, there is a software glitch. Oh, NIVIDA beat forecast , world [stock market] didnt end. Market chatter was that if Nivida did not beat, then whole market would be down per the experts on Wall St. So, lads, us at Helium One, right day, right time --Lorna's good timing today, Thur, 22.2.24.

I am off for a cup of tea and enjoy the moment.

Before I go, let me leave you with a thought: LORNA BLAISSE WAS INTERVIEW WHEN SHE JOINED HELIUM ONE.

She said, she is joining for the POTENTIAL OF TIER 1 from recall.

Tier 1 -------------well, in mining etc, Tier 1 needs no introduction.

As for Dar Saleem, sorry if I made it more English sounding vs French.

LoL. After having talked to helium producers & hydrogen producers and POTENTIALLY PARTNERS?

We are talking of LIBERUM here.

Look at how they set up a FIRESIDE CHAT with Lorna Blaisse. It was so respectful in tone and the last question was, what is your comment about PRODUCTION. Lorna said, my CHILDREN WILL BE HAPPY. Hmm, given that was a little while back, I did wonder, production?. Now , I know , all history now. Liberum are specialists in this area.

I may not be an expert in charting but I will model on peer mkt caps ---Lorna Blaisse said "growth" "transformational" and that is to come ie who the partner/s may be. Minchin said so.

Dont worry, Lorna Blaisse , CEO of Helium One knows ----she cant not know as a RESERVOIR G£O, formerly of Tullow when they hit it big. The project was also a new frontier. Reservoir means they can model the reservoir in different metrics, common to other mining projects. Since she has SPOKEN TO HELIUJM & HYDROGEN PRODUCERS , she will have discussed it with them. But she cannot release that to the market as norm at this time. Those more nuanced in oil stocks will be able to do some rough cals anyway. All 101 as norm.

I have just been over to the other HELIUM ONE forum. Folks are discussing Lorna Blaisse's interview today, Thur, 22 Feb 2024 [London South East] and DOING TRANSCRIPT from parts of the said interview and QUOTING time stamp and that it now closes ALL doors to the "missed" data/info?

The US OTC volume is not bad for OTC. Not sure what is average volume. I know Germans are into Helium One stock cos 1 German identified himself. Easier if they use Germany posternames.

$50m capex is small vs normal capex for copper/gold etc. Lithium needs some $400m region. So, the cut is not as large for the partner's share and it could be also via phased off-taker eg how Glencore does things.

Noble has on board, a major holder - CEO of Albermarle. He was also a board member of LINDE. You know , as in HELIUM, GAS ETC.

Can someone please re-CHECK.

I have called up TICKER: 9K3.F WHICH IS HELIUM ONE LISTED IN FRANKFURT.

Currency is EURO: 0.023 +0.0152 [+ 1 9 2 . 8 7 1 8%] !!!???

FROM YAHOO FINANCE - LINK: https://finance.yahoo.com/quote/9K3.F/ [As of 3.32 pm CET]

Please check since the STOCK MARKET IS CLOSED at the moment @7:54pm , Thur, 22 Feb 2024.

Maybe , a mistake? DYOR.NIA.

MINCHIN SAID $50M.

That normally means partners. Small compared to say iron ore eg Gina's Roy Hill needed some A$9bn plus.

Even if lithium, DL said about $400m+. So, $50m is absurdly low for capital plant ---partners.

I am not a student of charts in general but Zak Cafe has put out some nice figures based on the 50 dma etc. LoL. I will hone in on this vs market cap.

I have watched AMERICAN helium plants and they are simple. Minchin said so. By simple, it is not some BIG COMPLEX CHEMISTRY ETC . Minchin said it is depressurisation etc. Noble said so as well. The capital spend is very small compared to the BILLIONS NEEDED. Michin already gave the figures and it is only 2 digit. I have been watching EVERY INTERVIEW be it from Minchin , Lorna etc vs american peers etc.