focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Iโve decided to wear mismatched socks tomorrow which means we will have a minimum 10% plus day. ๐
The Rukwa Basin prospective recoverable P50 resources of helium have been independently estimated to be about 138โ
BSCF (billion standard cubic ft: 2.78โรโ109โ
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
I didn't mean to push all your buttons, I was just looking for mute.
If you think money canโt buy happiness, then transfer it to my account; I will simply use it to top up my HE1 holdings.
GLA ๐
The above 2 donโt like copy and paste so I have copied and pasted the link to the 31 page Liberum note PDF. https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf ๐๐
MarkPatrick. Firstly, who are you for me to answer your question? Secondly, it was no assertion, it was a rhetorical question! ๐คฆ
If anyone can guess the stock movements, they would be multi millionaires, donโt assume you know everything.
I donโt recall asking for your opinion anyway.
BYW, 20% plus day today?
GLA ๐
Hereโs some of the key abstracts from the link;
The Rukwa Basin prospective recoverable P50 resources of helium have been independently estimated to be about 138โ
BSCF (billion standard cubic ft: 2.78โรโ109โ
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
๏ปฟ
๏ปฟSections 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. 7.0โรโ105โBCF (2โรโ1013โ
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 138โ
BCF 4He (2.78โรโ109โ
m34He (STP)) potentially trapped within existing trapping structures (Helium One Global 2020), which, if recoverable, would alone supply the current world consumption for 14โ
years.
GLA ๐ช
A shorter URL link
https://pubs.geoscienceworld.org/pg/article/28/2/petgeo2021-029/610750/The-principles-of-helium-exploration
Now you know why I have pub in my name
GLA ๐
Have a read of this Sammy; are you even a holder?Science behind the project. Once read, I am sure you will be of the view that 5p-10p shortly after positive results from EWT is very possible and way beyond 10p into 2025 once commercial and JV etc.
The higher the better but the above estimates are very modest and based on my current view but could very well exceed this and I will see it through as I believe in the business fundamentals. HE1 tick all the right boxes for me.
https://watermark.silverchair.com/petgeo2021-029.pdf?token=AQECAHi208BE49Ooan9kkhW_Ercy7Dm3ZL_9Cf3qfKAc485ysgAAAygwggMkBgkqhkiG9w0BBwagggMVMIIDEQIBADCCAwoGCSqGSIb3DQEHATAeBglghkgBZQMEAS4wEQQMqAvIwNFytBAHtQ6pAgEQgIIC2x63eY4-6LO8mmFFnbiIpGeiegDI6NGLsFaTOUmUQlyv9gsICS1M4ElhZLVmul85mtFqsU0RNCfazzkbyNujlO4Thhbt5jycmmbASP70x5N67D7ySkQVgVgq4sZ7L7lpS6N1masd7xY8SZxE-6lrRUR0peC4oQOGLy0qkK5ipo6n6z3IqyNpnbAxzcHeNNXaY2YNnZ1lIAboygP9AxzknTDBlAAaOkI6EWvaVgBlRA05lv9PVus2kqn272EbdT2WSh8fISXMRcjzAfNFJBFJPV_1qsyJMihV4wsjyIcy0w6Fh5A8DBLrMrANhPwcwtONZ0xfjc50QrS6HuJs98gQqqYle3Bn67ziShUoIMJs731zXiq5QoeVci2YahM7oU5aI2LyJwGJSZJUti8QEJ9vU4PuHMolqHl2N7tIi6rasQPKZ7QPi1UlZC-MV8FLWlmfWMVrMs4wivnnWG1Pv7i4pbuaTPbJMaL-JiaGb6bEYqlDlWsM5RT9PaV_zuSz_si_DAcVhKWS5S3I3U8sDS8Wu-WdGRMKP24viNa1_7Nh5KS_0M4v1eJKq9CBtnMw5IPrXgLcxnzEC_MvWTwb8DIh7Wz01ev-dfuDyYuG87msusMcKcbFHqUwNDjjJf86NuE3FrnT9WGN6ocp3d2IeiJgxBKTkQLF5Aqln0Q7qRAaif7SgALF8Nz1cxKP1AbRRyBBXlk_D78mLBsNKTa9y_Zyib1kSDnTnVuhNYXusgiKDdeqRgPNgSmWuxZ8f93eMUJU5-ZpvSaIUJw12ZPuilK1x7N3YHwekxwttSmM2J7Ae8DidgRQ2_ZEQ7y0rZJ-5uVsv0Q7_iFZdrHm-emCJAVSn0ScBCddoZSzVs0Xbw4m_8BpRO2dw9iz9lQ6_xCI74asMfR4X9l3cCpTKayFfjdBeBlR8AwykDBKlEiIyHEUSyVW2tOVULoRYOYaAhbrz87ar4zzlf1XBOdSe9Xb
GLA ๐
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. 7.0โรโ105โBCF (2โรโ1013โ
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 138โ
BCF 4He (2.78โรโ109โ
m34He (STP)) potentially trapped within existing trapping structures, which would alone supply the current world consumption for 14โ
years.
GLA ๐
The Rukwa Basin prospective recoverable P50 resources of helium have been independently estimated to be about 138โ
BSCF (billion standard cubic ft: 2.78โรโ109โ
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
GLA ๐ช
Https://total-market-solutions.com/wp-content/uploads/2024/03/24-03-15-Liberum-HE1-150324.pdf
GLA ๐