Member Info for Professor1

THE FACT THAT THIS GAS FIND MAY BE SO ENORMOUS IS THE VERY REASON WHY THE TANZANIAN GOVT WILL WANT TO HAVE A PARTNERSHIP

American funding? This is strategically very valuable to them?

HE1 is going to be working with the govt for a long long time it seems

"Whilst these PLs have reached the end of their exploration period, the Company continues to review all geological regions of Tanzania for helium potential and remains opportunistic for future PL applications."

Likely going to be life changing. Have to be in it.

Great results

SM69

Can't wait for Lorna to announce the resource.

GLA

"Tanzanian citizens have access to the terms of only one profit-sharing deal, a 50-50 framework agreement for Barrick’s gold mines."

So this is talking about gold mines?

Roger, that will certainly be good.

Interesting

Interest to learn that in the case of North Sea, it had taken 40 or so wells before announcing a discovery

I believe analyst Sam Wahab was going to put out a research note in Q3?

Agree with the 3p to 4p for starters. I don't know, and could be wrong, but I get the feeling from Lorna's interview that we might go it alone in this project and not let the big JV partners come in and dictate the Terms which are detrimental to us all.

GLA

If this turns out to be, for argument sake, say 50 B barrels of fluid then we would have,

Based on 20,000 barrels = roughly 6,000 SCF

So 50,000,000,000 / 20,000 x 6,000

= 15,000,000,000 SCF of helium

So 15B scf/ 1000 x $390 = $5,850,000,000

6000 cfd x 30 wells = 180000cfd

$390 for every 1000 cfc

So, 180000 /1000 x $390 = $70,200

$70,200 x 365 = $25,623,000 annual revenue

THE COMPANY PROBABLY IS ALREADY IN DISCUSSIONS WITH POTENTIAL PARTNERS

JUST AMAZING TO BE PART OF THIS. HAD TOPPED UP MASSIVELY HERE AS KNOW THE REGION WELL.

CONGRATULATIONS TO ALL THOSE WHO HELD

Can anyone confirm Lorna owns only £693.70 worth of shares ?- this is what's showing up on search

LORNA = " two SUCCESSFUL geological plays across two continents"

LORNA = "we will be aiming to file the submission ahead of the deadline of 17th September"

The delay in announcement of the final claim value in December is partly due to the fact that the gold price has been increasing every month. It is forecast to reach $5000 by end of 2025 according to one report I had come across.

Will our claim value will also take into account future higher gold price?