Member Info for Punter1234

@Trojan that is a spot on post imo and agree totally

I should have added, tongue in cheek. That when we have sucked the lot out of all Ruwka, be that 20, 30, 50 years, who knows. Then we can come back in a couple hundred million years and see how much has replenished ;-)

@Cheesh and 99treble it is NOT "infinite" for crying out loud. And it is NOT replenishing in a way you are making out. The rate it depletes at is in corelation to how much and how fast it is extracted. Then it runs out! it simply impossible for it to replenish at any sort of rate compared to extraction. That is why it is so valuable and rare! Do I think we got sheet load, billions, absolutely and fortune making. But, some of the "fanciful" views being posted sigh.......let's put it down to over enthusiasm and under researched eh.

As in the example below. Bearing in mind when starting in 1925 the extraction process and speed is nothing like nowadays so that Reservoir would not last 100 years if extraction started today.

The BLM Helium reserve is located in the Texas panhandle, stretching through Oklahoma and Kansas. While the reserves have taken millions of years of radioactive decay to cultivate, the BLM has taken nearly 100 years to deplete the supply. It was established in 1925 and is expected to run out by 2025.

No, helium reservoirs do not naturally replenish in a meaningful timeframe for human use. Helium is a non-renewable resource, meaning it's not replenished quickly enough to keep up with extraction rates.

Helium is formed through the radioactive decay of uranium and thorium over billions of years in the Earth's crust. Once released, it can escape Earth's gravity and be lost to space.

Slow Replenishment:

The rate at which helium is formed and trapped is incredibly slow compared to the rate at which it's being extracted and consumed.

Helium reserves are finite, and current extraction rates are exceeding the rate of replenishment, leading to concerns about future supply.

There is no technology available today that can artificially manufacture helium in significant quantities.

Supersport think you proved on here what you are with your 2 millions buy (apparently) and then asks "when is first production" Doh! Perhaps toddle back to Hex. Oh, wait they think same of your there lol

"That was the basis of the discovery RNS, and the claim to be validated by a CPR. If they can harness it then it’s a game changer for helium production."

Dear me, Total B*allacks yet again! what do you mean "IF?" Why do continue to cast doubt and negativity wherever you can? Think I prefer Happydonk at least he is an open troll not undercover one!

BlueBay you do understand what a FS entails don't you? Perhaps you don't? So ignorance or deramp hmmm? Let me explain to you in simple terms so you understand. Part of the FS is a Technical feasibility: This involves detailed engineering designs and processes. Another part is an Economic Feasibility. There are many other parts. But ,for you, in simple terms, that means how we are going to get it out and make money! You do this to get a ML AND to get FINANCING if you need it. ps you don't need a CPR for this!

HE1 have long mentioned the water by product and they have plans for it, likely to help the local communities. Thought most investors knew that?

But, more importantly, they have declared it commercial! That means they CAN harness it! That means they have proved that to the TG in the FS they can extract it and it is COMMERCIAL! As such were offered, and accepted, the ML! Not on "if's" or "maybe's". For your info, you don't spend months and a deal of money to produce a FS on a "if". You don't get awarded ML on a "if". Thought even common sense would tell you that.

Oh, and for those, like you, who keep harping on about the CPR needed for finance, I keep telling you it is not. It is the FS study (and ALL figures within)that will attract that or JV/Off taker. That is why the CPR is some time after the FS. It was not needed to secure the ML as the figures within are plenty good enough for that. Otherwise you would do it to be included wouldn't you? The CPR helps a bit but is mainly for the market in that it will give a nice boost to SP therefore raising the M/Cap of the company as it moves forward to the point some funds maybe compelled to buy in. Bingo!

Oh, and for those investors here long enough we know that companies were interested well over a year ago as we were told so. Very likely because they knew the potential and almost certainly saw data. Since then sure they seen a lot more under CA. If anybody thinks that we at standstill on finance side because no CPR yet simply aha aha aha!

"FS is crucial because it provides the basis for securing financing for the project, informing investors about the project's potential, and acting as a benchmark for holding management accountable for the project's performance once it's operation."

What is a bit worrying is the amount who tick up his posts showing how little knowledge they have themselves and believe blindly, B*llacks!

Stan9 wish you the same, both invested but "infinite" come on pal give it up and don't listen to BB who talks..........b*llacks a lot of the time

Oh BlueBay more b*llacks! talking gooblygook sigh.. you work on the fact that BS baffles brains. Well, maybe for some fools! only bother answering because England so boring and carp!

This what you posted "It’s possible that news spin on a favourable CPR validation of an ‘infinite’ commercial helium supply could have that effect." Now as usually when called out you back pedalling and digging your deeper hole

a CPR on an "infinite" commercial helium supply. Think quite clear? and freakin ludicrous lol It actually makes not an ounce of sense, common or otherwise!

"it will deplete to some degree if tapped" No sheet Sherlock lol

Oh, you use it "advisedly" do you lol you. Not "literally" lol. You mean talking sheet and caught out and some poor suckers believe you! As said before you talk as if you some sort of expert on everything Helium, Tanzania, Mining and HE1 when in fact you talk BS half the time. I can't even be bothered with the rest ffs...................

No point with a CPR, or further appraisal. I mean it is infinite Guv why bother lol

@stan9 would you like to prove that? Just what exactly has the Rift Valley moving got to do with it lol? Besides the fact of how very, very, very slow that movement is. Plus Tectonic plates move the world over. Doesn't mean Helium is everywhere they move. Did that a long time ago in Geography at School lol. But that is NOT what produces Helium.

Read how Helium is produced perhaps?

Oh, and prefer facts to imagination thanks. Would love it to be true.........but it isn't. Wouldn't be worth a lot if it was infinite would it?

Are We Running Out of Helium?

The BLM Helium reserve is located in the Texas panhandle, stretching through Oklahoma and Kansas. While the reserves have taken millions of years of radioactive decay to cultivate, the BLM has taken nearly 100 years to deplete the supply. It was established in 1925 and is expected to run out by 2025. However, the BLM has until September 2021 to sell all of its federally owned assets, which includes plant facilities, crude Helium pipelines, gas wells, maintenance stations and storage systems. According to gasworld, these assets will be sold in auctions or sealed bids to public or private parties. During the transition, the plant will at least be shut down temporarily, greatly affecting the Helium market across the world.

With the discovery of the deposit in Tanzania, there is hope that the Helium market will be sustainable for some time after the BLM goes offline, or eventually runs out. Even so, deposits of this non-renewable resource will continue to be depleted rapidly if conservation and recycling efforts are not made. Large companies like General Electric have been innovating Helium recycling systems for MRI machines. The medical, automotive, aerospace, balloon and other industries that rely on Helium will be negatively affected if the Helium market continues to fall at such a rapid pace.

Most of the world's Helium comes as a byproduct of decaying uranium and fossil fuels. Today, the world's Helium supply relies on reserves in the United States, the Middle East, Russia and North Africa. There are only 14 liquid Helium refineries in the world, half of which are in the United States.

Ahem, and now HE1's in Tanzania #Globally significant"

@stan9 sorry Blue bay talking b*llacks as usual. Helium is a finite source, and quite rare, that is what makes it so valuable in the world today and in so much demand. I mean come on, common sense tells you it is not infinite. In fact, what is?

There is no doubt that Tanzania has huge resources though and as ours has been described as "globally significant," we can take it we got a sheet load. The CPR will tell us how much we have "at this time". But, further appraisal and Wells could well lift that figure significantly as well.

That is actually so much b*llacks! I consider your posts a mixture of fact, half truths and smoke and mirrors most of the time. Relying on fact newbies, the lazy and the inexperienced happy to lap it up. Bit like psychobabble. if you want to believe it you probably will. All experienced investors will tell you to rely on your own research, RNS and not take anything on these bb's seriously, or as true, unless you verified it yourself. You just love to sound important, well more like self important.

Not much surprise? Hmmm here's me thinking there are plenty to come. But hey, I am positive holder.

"The herd think they need to dilute?" So "The Herd" have a joint agreement on this do they lol have you written to them all and asked their opinion lol? You just love to post your negative views as fact! I have noticed over some time you are one that always seem to slip the "dilute" word in somewhere. Even if keeping a thread going with trolls. strange that eh?

You are a trader and always thought so no matter what tosh you come out with. Never seem to have been in any other share hmmm

As for the "Lassonde Curve" noticed that has become a bit of a buzz word on AIM recently. It is certainly not a Bible, not a case of one model fits all and certainly not to rely on for SP and buying. It is a tool that can be useful, to a degree, in conjunction with a multitude of other things. RNS and your own research are best way to manage portfolio. If it was that easy eh? Just another chart. Like all those chartists, Tipsters and fortune Tellers when they are right they scream it from the roof tops but on the many times they are wrong, shhhh!

Right not keeping this going as that is what you what, some post away your nonsense up to folk what they do with their own money. But certainly wouldn't be listening to you All IMHO of course

Pubcrawl much more in agreement with way you see it than Bluebay who is a pompous bore who quite frankly who has no idea how AIM works whatsoever. as continuously proves. You need to take NAV's and P/E's to the FTSE/250 where they do have a relevance. This is AIM! A completely different beast! Waffles on continuously as if they rest of us with many years experience know nothing.

The SP never has, and never will, have anything to do with all that on AIM. Any more than back of a ciggie packet calcs to give an SP. What you going to do when the SP does "spike" on the herd and sentiment, do your ciggies calcs again to fit your agenda? Some companies SP on AIM are so outrageously overpriced if you went by their NAV, P/E as to be nothing short of a joke. However, if you judge it by potential, sentiment and buying then perhaps not? It works the opposite way as well. I happen to think we are very under priced for what we have achieved, Potential is close to becoming reality. AND, I will back my own research by continuing to buy while to stays so low. I don't expect to have much more time to do so. The time to buy is while the Herd are grazing elsewhere, before the stampede.

The SP's on many AIM companies go up and down continuously virtually every day with big swings that have nothing to do with NAV or P/E etc but simply sentiment, the herd, news, good or bad, or even lack of it. So how can you put a value, a SP to a company? You simply cannot! Not forgetting the shenanigans of MM's, Brokers and groups of individuals that can manipulate a price to suit. In fact about as much use as Charts which can be like reading your Horoscope and look the same if you turn them upside down..........

Fact is the SP hasn't reacted much to Colorado as market has become a bit blasé/the herd about them. They are somewhat expected. A few years ago anyone of our good RNS would have spiked a SP but AIM is a different beast nowadays.

Whether folk agree or not, Colorado is seen as small fry to Ruwka. They are almost a distraction to each other. One wonders what the respective SP's would be if separate companies. How much the SP will spike is anyone's guess, the driving force will be the sentiment, the herd, the buying pressure. Where it will settle will depend on profit taking v continued buying and further sentiment news.

GL all holders, could it be coming week? Why Not.....anyway good weekend of Sport to get stuck into. All above IMHO

Cyrox, all you do is whine and moan. And nobody likes whiners and moaners in life, anywhere. As said in post sell out and move on, if you have any shares. Be happy elsewhere.

Bluebay, yea you got an agenda, always have had imo.

Who said "unreserved positivity"? read my post properly, or perhaps stop twisting it? I said that "real" positive investors manage their risks and understand the Pro's AND Cons. But as you fall into trader category your post not a surprise.

Here's some news for you. If you are naïve being positive,, or negative, you will lose out in life not just ins shares.

Now got better things to do and happy to be patient and hope next week will be better.

Real investors want to be positive in what they have put their money in, or what's the point? If you are negative about shares you own then the obvious thing is to sell and go elsewhere and be happy. Maybe.

That doesn't mean that positive investors and posters are naïve and don't understand the risks and concerns, They choose to stay positive because they do understand them and based on their own research have decided the Pros outweigh the cons and happy with their risk management.

They also understand that patience is the key, especially in mining shares where progress can at times seem numbingly slow. Patience is usually rewarded....too many inexperienced sell out on AIM, at a loss, in search of quicker rewards only to find themselves "spiked" elsewhere and missing out on where they have just left.

Here, certainly at the stage this Company is at, The Pro's of a big return far outweigh the risks IMHO.

The negative posters, mostly uninvested, just want to be negative for the sake of it. Either paid derampers with an agenda, Traders who want price to drop/ Or, just very sad types who do it to wind people up as fun because they have a very sad, unfulfilling life.......

Facts mean nothing to the negative group. You can argue them all day with them, if you daft! It will get you nowhere. They are not here to change their view. So yea, real investors do keep reporting them and the bb can improve. Unfortunately this post with be ammo for a few of the sad lifes.

@woltan CPR was actually mentioned by Lorna acknowledging a need to "get a move on" a while ago. One can make an "assumption" based on that that they are indeed getting on with it. The CPR is more for the market as most proper investors know. The ML was offered and accepted on the FS (not a CPR) which proved it commercial to TG and the figures within would be acceptable to most. Further appraisal work down the line will simply imho increase the figures substantially

Bluebay leading expert on everything helium, mining and HE1. You want to try putting IMO instead posting everything you "think" as fact perhaps.

What I want to know is why I would believe an anonymous trader on an AIM bb? who has proved plenty of times they only have their own interests at heart, yet now want to enlighten us all in a slightly patronising way? I'll stick to my own advice thanks

Might as well start the weekend early and hope next week brings THE RNS. Shhh not a troll insight