George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
'Why in May?'
That's when all the rich people go away for summer. Sell in May go away, buy again St Ledgers Day.
Significantly more buys than sells again. Sp consolidating. Fair old wait for Q3 EWT. Plus there'll no doubt be the usual sell in May jockeys. Hope this doesn't go too far south before news mid/late Q3 but if it does, a further top up would be good. Still hoping for a climb before May though.
Peel's rhyming slang, I think.
Jungmania what a plonker. So helium in Tanzania won't be a game changer but no doubt hex who's got licenses to suck up a load of hydrogen among already established US helium producers will be.
Excellent post Flava. Made very interesting reading. Airship growth happening now too. Going to be massive as the terribly polluting airlines at last begin switching freight to helium filled airships. Gonna be big.
Share price consolidation a good thing. Fewer shares in issue and higher share price. Will pull in more investors. Won't influence raises. They'll happen either way.
More helium demand. Airships are going to start taking to the skies everywhere, with non explosive helium and solar powered engines. For transport and as masts, like in attached link focusing on sub saharan Africa.
https://www.weforum.org/agenda/2022/01/airships-could-solve-digital-divide-internet/
SA company looking to commercialise in Africa then the world. This is going to be big. We're talking about a whole new genre of air transport with a significant if not big helium demand. The African continent is ripe for this kind if development. Lots of investor interest and commitment already. Anyone know any companies in Africa that could provide helium, and hydrogen too. We're going to be very rich.
https://disruptafrica.com/2023/08/17/sas-cloudline-is-rewriting-the-rules-of-aerial-operations-with-solar-powered-autonomous-airships/?amp=1
“Each airship will be filled with 180,000 cubic meters of helium,” says Schlack. With 160 million cubic meters produced globally in 2021, each airship would account for around 0.1% of annual helium production. Sic. So 100 airships would need 10% of annual helium production. That's alot of additional helium needed.
Link to article a year old or so but a good read. Talks about more modern and safer airship design for freight, using helium and hydrogen, and for delivery/pick up for less developed countries and zones. In addition to Air Whales France, there's a couple USA companies doing them and a company in South Yorkshire whose ships begin production 2025, which are using helium. Be they helium or hydrogen, that's a lot of gas, which we have.
https://www.google.com/amp/s/amp.cnn.com/cnn/travel/article/flying-whales-airships-hnk-spc-intl
Helium filled air ships making a comeback for freight and tourism. Airlines trying to improve their environmental performance which is currently disastrous for us all, sadly. Airships are one way they can make change quickly. These air ships take a lot of gas to fill.
Company in South Yorkshire in production 2025-6. These are making a comeback globally too because of the environmental harm of jet planes. A way for airlines to diversify and enhance their green standing. Lots more helium demand.
Joe, you've got tin ears. Read more and type less.
We're sat on the mother of all resources just waiting to be got out of the ground. 4.7% purity without stimulation. Proceeding to appraisal stage, which no company would do without having first achieved success at exploration stage. We are all going to be very rich. Well, the buy and holders will be at any rate. Buy and buy the dips. Keep adding. Welcome the retracementss and raises becausethe law of nature is nothing ever grows in a straight line. Raises too are good, because they mean more growth and more buying opportunities.
joe. these are ****ant numbers.
If you are not already wealthy and wish to become so, buy and hold this share. Also, buy the dips, retracement or raise, no matter how small your purchase. Add into your S&S ISA, too, and be patient. Let time and HE1 do the rest. GLA.
Can't believe this price. Have topped up. Always buy the dips no matter how few, especially with the company we have, here, moving from exploration to appraisal and development. Rukwa is an amazing prospect. Stay with it if you can. We buy and holders are going to be rich!
I recall from previous Noble report they had signed a Drill Cooperation Agreement with us a couple of years or so back. Other posters may know if the Agreement is still live. We've got a world class helium producing system in Rukwa. Got that from Noble's rns
So what if it is. There are alot of majors out there with major fracture plays raking in alot of revenue. Check out Lancaster off Shetland. Only one example from a myriad. Alot of negativity about basement plays only because historically, back in the 70s and 80s, companies automatically stopped drilling when they got there. Dogma I suppose you'd call it. But now they're after them because they know they can be and often are virgin and massive. Probably not what the shorts want to hear.
Lorna was clear in the video that no company would progress to EWT stage on a hunch. This well has passed exploration stage and is now onto appraisal. She also mentioned that the 0.5 was a minimum and that no stimulation, eg vacuum had been used, however that stimulation remains an option at appraisal and even in production. Blue Star Helium recently rnsd about their well appraisal, saying they got 4%+ and UP TO 265mcsf/day, but that was only with vacuum stimulation and for a 72hr period, they have a reservoir pressure problem the experts don't seem to be able to crack, as yet. But you can get a feel for the kind of flow rates you could achieve with stimulation, which is something Lorna alluded to in the video. The 0.5 is ultra conservative in my view and could increase substantially at appraisal and stimulation stages. I think the market could be wising up to this. AIMHO. No ramping intended. Just quoting content from BS rns and video.