Member Info for PubCrawl

Currently conducting subsurface database including multispectral satellite spectroscopy, airborne gravity gradiometry, 2D seismic data, and QEMSCAN analysis.

Then this from 2019:

Rukwa hosts independently verified (SRK-2019) Best-Estimate Unrisked Prospective Recoverable Helium Resource (2U/P50) of 138Bcf, making this the largest known primary helium resource in the world.

We are only waiting for HE1 to confirm the already independently verified helium resource. Which could come anytime now before the EWT.

Could an update on licences be due soon?

During the recent budget, Tanzania recognised for its significant helium deposits particularly in Lake Rukwa faces a pressing need for a strategic and expedited extraction approach. Parliamentarians stress the importance of swiftly capitalising on this global asset through a well-planned extraction process aiming to optimise benefits for the country.

Exciting times for HE1.

GLA 📈💪

I reckon this will fly past 1.4p tomorrow and will be a great bright blue end to the week. Plus positive update news could come and usually when we least expect it.

If 1.5p then drinks are on HappilyDazed.

GLA 📈🚀💪💪

Cheese and Onion Hula Hoops?

Let’s break that 1.4p level today 💪📈🚀🚀

Could an operational update be imminent?

"We are very pleased to be advancing into this next stage of the Rukwa Project - Phase III,” chief executive Lorna Blaisse said.

“Whilst we are preparing for the next operational phase, which includes the EWT at Itumbula West-1, we are growing the team to deliver the large amount of work that is continuing in the background and that will enable us to progress the project as quickly as possible.”

Blaisse added: “The ESIA will form part of the feasibility study that will be submitted to the Mining Commission in order to convert the existing prospecting licences to mining licences.

“The newly recruited team has already commenced this workstream, and we are grateful for the continued support from the government and the mining commission in Tanzania, as we move the project forward in the next phase of its development towards commercialisation.”

GLA 📈🚀

I disagree with Zak, it should be at LEAST 2.85p in the next couple of weeks 😉🚀

A few moments ago:

1.38 GBX +0.0050 (0.36%) up today 💪

Another stong blue day ahead?

GLA 📈💪🚀

A really useful, 31 paged PDF, research note by Liberum for anyone new here, or as a recap:

https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf

Alternatively, a YouTube video link:

https://youtu.be/yEBsb_aa-y0?si=DZT9eoBgjobdf2yo

A reminder of the recent 14 paged PDF of Lorna’s presentation on HE1 at the African Energies Summit outlining the trajectory or HE1 to the world:

https://www.helium-one.com/wp-content/uploads/2024/05/240516_HE1_Africa-Energies-Summit-Presentation_FINAL.pdf

Reminder of the last update video from Lorna and Mike:

https://youtu.be/fLaiIpoSo-Q?si=K-LHhW7oJAkyguzA

GLA 📈💪

Another great day, momentum is building and is recovering the recent unwarranted drop. Still very much undervalued at this price. Perhaps we’ll have an update tomorrow?

GLA 📈💪🚀

PS. Anyone found HappilyDazed yet? 🤔

She’s climbing back. Bright blue afternoon ahead ! 💪

Big well done to those that had the stomach to hold and perhaps buy on dips. Patience is key to investing and all HE1 owners should be proud of the business they are invested in.

1.5 next target, by midday?

GLA 📈💪🚀

Currently hanging around the 1.30p mark, and few moments ago. Can we surpass 1.4p today?

1.35 GBX +0.024 (1.81%) up today.

Another bright blue day ahead? 📈💪🍺

Once resource size is confirmed (already scientifically proven) and then positive longer-term flow rates (IMO no brainier), HE1 will see heights never imagined. It’s already extremely undervalued at this price, but soon, holders, HE1 and Tanzania will reap the humongous rewards. Tanzania and HE1 are keen to get this monetised as soon as possible..

Extracts from studies:

The Rukwa Basin prospective recoverable P50 resources of helium have been independently estimated to be about 138 BSCF (billion standard cubic ft: 2.78 × 109 m3 at STP). If this volume is confirmed it would represent about 25% of the current global helium reserve. Two exploration wells, Tai 1 and Tai 2, completed by August 2021 have proved the presence of seal and reservoir horizons with the reservoirs containing significant helium shows.

This article is part of the Energy Geoscience Series available at https://www.lyellcollection.org/cc/energy-geoscience-series

Sections of the Tanzanian East African Rift contain most, if not all, of the prerequisites for an economic helium province. Noble gas data from gas seeps in the west and east branches of the Tanzanian section of the East African Rift System contain 4He concentrations of up to 10.5%. This, combined with the potential 4He generated by the Tanzanian Craton and surrounding mobile belts of c. 7.0 × 105 BCF (2 × 1013 m34He (STP)), implies that even with inefficient release, migration and trapping, these regions could provide high-helium concentration reservoirs. In the region of the Rukwa Basin independent prospective resource estimates undertaken on behalf of the operator and their financial backers suggest that there is a P50 (best estimate) of 138 BCF 4He (2.78 × 109 m34He (STP)) potentially trapped within existing trapping structures (Helium One Global 2020), which, if recoverable, would alone supply the current world consumption for 14 years.

Bring it home, Lorna! 🍺

GLA 💪

Great day, getting back some of the unwarranted recent drop. FOMO set in. Now to exceed the recent resistance of 1.3p then get this rocketing. GLA 🍺🚀

Likely will exceed 1.30p anytime soon 📈

Where did HappyDazes go. Hmm 🤔

BIll “We don't need no pump”, is double negative, just like Bill

Afternoon spike in SP May warrant a liquid lunch 🍺

HappyDazes, Shades of blue include cyan, navy, turquoise, aqua, midnight blue, sky blue, royal blue, and aquamarine.

I am never wrong, except the one time I thought I was wrong but I was mistaken.