focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Because the Rukwa helium project in the south west of the country looks as though it’s going to the be the world’s largest primary producer of helium, bar none.
And if primary helium production has been an obscure topic to the world’s investors up till now, it looks very much as though that’s about to change.
With the clear support of President Hassan, the project’s owner, Helium One (LON:HE1), is keen to get cracking with the next stage of development work as quickly as possible.
The thinking is that once up and running, Rukwa could supply between 10% and 15% of the world’s helium needs for the next hundred years. And given that helium is essential in the manufacture of MRI scanners, fibre-optics, rocketry, aerospace products and semiconductors, what we are talking about here is a raw material for the high end of the high-tech industry.
In that context it’s no wonder President Hassan wants to create a safe and secure investment environment - some pundits indeed, have drawn an analogy between Tanzania’s helium reserves and Saudi Arabia’s oil reserves.
GLA 📈💪🚀
Here’s the 31 paged PDF note from Liberum if anyone hasn’t read it yet.
https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf
Great times ahead for HE1 and Tanzania. GLA 📈💪
HappyDazes, Even Vin Diesel wants part in the Helium action.
https://youtube.com/shorts/mV00hvhJYTI?si=1YZZuQRj5DvIyas3
GLA 📈
Going to be a blue week, no doubt. Just a matter of time. Then interim positive news and EWT etc before this rockets. GLA 🚀📈
During the budget discussions several issues were raised and they are worth noting:
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.
HappyDazes, you always add such a positive spin on things 🤦
We know you don’t invest and simply comment on stocks. Try becoming an investor and no longer a negative spectator. Or, is your 4% (per annum) ‘high interest’, inflation eating, savings account making your money work hard for you.
GLA genuine He1 investors. 📈
Couldn’t get a copy or link to the PDF but here is the mention on the budget summary PDF from page 14:
“During the budget discussions several issues were raised and they are worth noting:
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. “
GLA 📈
Couldn’t get a copy or link to the PDF but here is the mention on the budget summary PDF from page 14:
“During the budget discussions several issues were raised and they are worth noting:
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. “
GLA 📈🚀
Jethrodave, clearly an agenda to post that here. You have your own board. Cross-ramping of this kind is self-centered agenda driven and not welcome on this board. Filtered
GLA genuine HE1 holders. Big times ahead 💪📈🚀
Found the link: https://www.linkedin.com/posts/asnl-advisory-limited_2024-25-budget-bulletin-ministry-of-minerals-activity-7194809028277870593-_TEp