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All veery good info ( i hold in my SIPP), however, one cant help but wonder why, with so much positive growth / revenue info the company still trades at 5p odds???. The daily volume is a total joke and will never get the price off the ground. Why if all the constant writings of investors etc etc are true, doesnt several large II's bang in £10m each at these levels ( slater aside ). Makes no sense to me in way shape or form. I live in hope, 39p the man says??, fe..ck me, i'd take 10p all day long sometime very soon. We cant even break 5.5p. Its a disgrace really
Https://investingstrategy.co.uk/mining/investing-strategy-the-jubilee-metals-edit/
I've never seen a BB where so much pish is posted.
The simple fact is.... If you are an Investor in HE1 and believe ( as i do ) that after the last RNS his Co will go places in the coming the months / years, then buy & hold. No need to ramp or de ramp on an hourly basis.
If however you are a spread bet trader etc with margin calls and expirys, then frankly f........ off with your comments, as either way you are not an investor, just a short term buyer & seller on margin, hence no interest in the actual facts / truths about what HE1 have.
Just sad to read so much utter piffle . Ultimately the funny thing is, no post on here or anywhere makes one ball hair of difference to the price. Its all in the news flow going forward.
Ttps://mugglehead.com/helium-one-global-reaches-major-breakthrough-in-helium-discovery/
Helium One Global reaches major breakthrough in helium discovery
Exploration unveils high concentrations in Rukwa Rift Basin
ByZartasha MushtaqPublished5 hours ago
Helium One Global Itumbula West-1 wellHelium One Global's Itumbula West-1 well. Via Helium Global One
In a significant stride towards harnessing its mineral wealth, Tanzania has witnessed a groundbreaking development in the exploration of critical minerals. The government’s commitment to conducting comprehensive geological surveys has culminated in a major breakthrough. Helium One Global (OTCMKTS: HLOGF), a licensed exploration entity, has uncovered remarkable helium concentrations within the Rukwa Rift Basin. This heralds a new era of economic potential for the nation.
Furthermore, the unveiling of 4.7 per cent helium concentrations in the Rukwa Rift Basin marks a watershed moment in Tanzania’s mineral exploration landscape. This substantial discovery, announced by Helium One Global on Monday, has been hailed as a significant stride towards achieving commercial viability. Through meticulous Basement Drilling Stem Testing (DST), helium began to flow to the surface, revealing concentrations that far exceed initial expectations.
An intriguing aspect of this discovery lies in the revelation that helium frequency increases with depth and is preferentially carried in hot fluids. Additionally, such insights into the geological dynamics of helium distribution provide invaluable guidance for future exploration endeavors. Identifying these patterns improves mineral prospecting by guiding more efficient exploration strategies.
Industry response is positive
Lorna Blaisse, CEO of Helium One Global, expressed profound satisfaction with the findings from the Itumbula West-1 site. This sentiment underscores the culmination of extensive collaborative efforts involving various stakeholders. Blaisse lauded the synergy between Helium One Global and government bodies such as the Ministry of Minerals and the Mining Commission of Tanzania. The success of this partnership underscores the importance of collaborative ventures in advancing the nation’s mineral exploration agenda.
Moreover, Assistant Commission in the Ministry of Minerals, Mr. Francis Mihayo, hailed the positive results as a beacon of hope for Tanzania’s helium potential. He emphasized the transformative impact of the discovery, laying the groundwork for further exploration initiatives. Mihayo reiterated the government’s commitment to facilitating the exploration, evaluation, and eventual exploitation of Tanzania’s mineral wealth. The discovery of substantial helium reserves stands as a testament to Tanzania’s untapped potential in the global minerals market.
Besides that, Dr. Elisante Mshiu, Head of School of Mines and Geosciences at the University of Dar es Salaam, provided insightful commentary on the impl
Helium One Global (BUY, TP 20p) –Successfully flowing helium to surface
In a very positive update, HE1 has confirmed the company has successfully completed all wireline logging and drill stem testing (DST) operations at Itumbula West-1 well, Tanzania. Importantly, the well flowed a high concentration of helium to surface from the basement, at a measured concentration up to 4.7% - equating to c.9,000x above background levels. In addition, the well flowed hydrogen to surface during basement testing, at a concentration of 2.2% hydrogen, >37,000x above background levels. Downhole fluid samples have been obtained from three separate well test intervals, in the basement and across the fault zones, all were analysed at surface in an onsite pressure-volume-temperature (PVT) laboratory and indicated the presence of elevated helium.
Our take: Today’s update represents a significant event for HE1 with results from the down hole well testing confirming the presence of a producing helium province in the Rukwa Rift Basin. Flowing helium to surface in high concentrations will be well received by investors ahead of further evaluation to determine commerciality. BUY.
This will cause supply issues, good news for JLP
https://www.bloomberg.com/news/articles/2023-11-28/panama-to-shut-down-first-quantum-mine-after-ruling-president
1% of global copper production going as a result of Cobre Panama closure ...
https://www.bbc.co.uk/news/world-latin-america-67565315