Member Info for Peakybrum

Hi mcnol thanks for insightful posts a lot i don't understand or know

as for filling tankers

you say 36 - 48 hours time to take each tank to fill and previous posts have indicated prices of $90.000 -$170.000 per tanker i believe

with 1 every two days 3 is reasonable to believe a week then and at the lower rate of $ 90.000 per load would imply $270.000 per week earnt

then progressing to 52 weeks a year would generate an income alone on this plant of $14 million

would i be right in saying this

all replies greatly received

I don't agree with names and insults

and everyone entitled to their opinion

mine stanford is dofferent to yours

lorna has gone along way down th road

incl mining licence on an acreage size never before given in country and range of incentives now applied

test is ewp not emp i believe

lots to wait on but understand in industry the pump is standard and usually very successful

Thanks blue bay for

post and clarity

but to be clear any five wells drilled and 6

month pilot for rukwa will still need investment from a third party or bank loan

rather than another dilution and raise

taking a broad view view colorado is a positive and will be cash generative to us but no way near enough to privately

find out rukwa plans or even service a loan to do so

Thanks mcnol for most informative post.

so after esp testing over next few weeks and hopefully all good news what after then is the forward plan

with the tanzania project as we don't have funds going alone to drill anymore or even produce

colorado is now a given and is out of our hands but a cash generative tool

Good point mcnol

anyone following and investing in helium1 would have known it's not our processing plant

but great photo of one

funding has been mentioned of up to $100 m for a fully functioning plant

would this be similar to this one or is this a $30 m start off investment as mentioned

Don't like to mention pulsar or any other company on our site

but do need to say

what have we got to do to get out of this share price lull we seem to be in

so much good news we've had and still coming through

Did read this over weeknd amazing also to think

they mention production capable at 0.3 average concentration

we have 5.5. -7%. concentration

pure helium no carbons

even though in water.

all good

when is this going to catch the attention of the big boys

Totally agree james simon

respect to you sticking with it

you still holding millions shares

through all the ups and downs

good luck too you if you are

Punter a bit harsh

but everyone to their own

lots of info is out there th so you and its not

laziness more some posters are more knowledgable than others

sorting through the technical for those not understanding like myself

if the esp proves positive and a cpr can confirm recoverable barrels when does this become an asset

and able to gain industry finance

Thanks expon for that

did go on ai. a while ago myself and discovered success rate is very high indeed re these pumps

they are looking i think for 20.000 barrels a day

does seem a massive figure but from this they've got to extract helium but it is at a high percentage 5.5-7%. with no carbons and co2. possibly as a bonus

Are there any investors on this board

with experience of esp pumps

and how successful they can be and what's involved

i'm aware of the oil industry using artificial lift to obtain greater flowrate and i've read 70 % of the worlds oil wells use these

as we're only pumping water not oil does this make it a simpler exercise downhole and not at such a great depth !!!

just asking questions trying to understand the science whilst we wait

Expon a very good post thank you which i completely agree with

last years dilution and raise to buy into galactica caused a drop that hasn't since risen whilst not allowing for the value of the asset purchased

need 1.85p to break even hopefully next month or two we may see this

and more for those under water a little more

when i got in it went to 3.7p on nothing but a test drill of 5.5 % helium find at tanzania

So in a nutshell

apart from galactia cash flow conformation and start of esp begins if we havnt already

what else are we looking forward too

Share price is on its arse at mo

but talk of it going under i doubt very much

micheal spencer has invested many many millions and a billionaire with that and dave hobbs contacts can't seeing it

a fo or total buyout would be more attractive

but aim who knows

This is a flaming rollercoaster ride

james simon i admire your spirit

you've mentioned in the past holding 8 mill plus shares going from 75p to us now

and your holding your nerve

i'm in at 26p so just gonna see where we go

Apart from the esp results hopefully without any issues and giving us the numbers we're looking for

what's the next step in the game

galactia progress is out of our hands and down to blue star for drilling new wells etc

So hopefully no more cash raises

galactia will give us enough for day to day expenses

any more wells can be bank financed on income derived from each drilled well

after esp no more cash burn needed on rukwa and we have enough in pot to finish esp

so hopefully a farm in thereafter or off take partner to further production here

am i on the right track here ???

Hi james simon feel your hurt too but not as large as yours but still huge for me

would you not continue to hold and have faith as the main investor spencer billionaire has put a fortune in and dave hobbs too

it can only go one way surely from here

you sound like a savvy successful businessman anyway

good luck and happy xmas too all

health is everything

Next piece of the jigsaw

esp results on rukwar and confirming 20k barrels

and consistent 5.5 % helium concentration

plus no carbons

also big mention is china is the market we're looking to sell too possibly

Totally agree svend

when we're not in a position of desperation anymore for capital or keeping the lights on

we become more of an attractive option to any of the big boys interested in getting a foothold in tanzania