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Yes that is 16 X chances at a massive discovery beyond present expectations. All pre-paid. People talk of risk v reward.

This seems pretty dam good to me. I'm not even going to get started about Tanzania. Bargain basement and about to re rate north.

We have been given an idea of what the wells are anticipated to produce. But I have say/hope one or more of the sixteen wells could hit a mother of a discovery. All looking very good, but all to play for. Exciting. Oh yes and it has already been paid for by previous placings/investors/income from the first six paid for wells. Fill your boots. Would be rude not to. 📈🎯

Yes He1 have have done the research research,research and got us a fantastic deal. Shallow wells quick to drill helps keep the all in sustainable costs (AISC) down. Happy with that. They can only build on what they already know. Let's get drilling RNS for first well spud anytime now. Keep an eye out for that red dot. More Helium,More co2🤪

The first six pay for the following "NINE".

The holy grail of funding.

Very positive that Colorado will be self funding as in the first six pay for the following none. Self funding is the dream of any project anywhere, and He1 have got that.

I give credit to the poster who posted the following over on hotcopper.au. hope you don't mind.

Galactica Pegasus numbers

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GotCopper

152 Posts.

71

25/11/24 17:07 Post #: 76768430

anyone else done a more detailed analysis…

They may not be the most refined calculations, but it really could be a beautiful set of numbers for BNL over the next six months. Helium One’s due diligence leading to the buy in has really given confidence to the whole equation… albeit at the expense of existing shareholders equity.

1 mcf at a conservative $500 (spot prices up to $3000/mcf)

x 1000

= 1 Mmcf at $500 000

x 675

= $337 500 000

/ 2 (H1 farmout)

= $168 750 000 per year for BNL

all in $US

plus Sammons CO2 yet to be counted.

DYOR, but 2025 is looking good

"RE: RNS Double Boost!Today 07:30

We now have a portfolio of two development opportunities in two jurisdictions which the Board expect to progress in the coming year, with a view to delivering considerable news, upside, and revenues to the Company."

We now have a portfolio of two development opportunities in two jurisdictions which the Board expect to progress in the coming year, with a view to delivering considerable news, upside, and revenues to the Company.

Mr unhappyDazes.

It is good to know that Helium one have choices. We may not spend $50 million dollars to build the entire plant in one go but we might. We may take the modular production option. Pay as you go a well at a time on a self funding basis. One thing is for sure the Tanzanian Government will want their 15% stake in the project as a minimum as the law requires. JV bank funding buy out. There are many options as I am certain you know. One thing is for sure this super critical and super rare gas will be extracted.

Have a great day everybody. So looking forward to the full FS/field development plan. Your either in or you are out.

Have a great day.

Yes they always seem to be ahead of the curve. The MM are not having mine for nicks. Getting quite excited may be about to see a good run north. He1 is known for it. Getting that old dajavu feeling.

Yes MM offered me 01.18 over the bid. Big orders being filled ? ;) Last time I was offered that kind of % over the bid the SP flew up. Hope it does the same again this time. Certainly the MM are willing to take many millions over the bid. I hope this going to pop. Looks good for it.

Great to see the companies monies deployed into the Colorado project. Monies working hard for the shareholders now.

Way undervalued. We were at 28p. More shares issued and paid for since then. But it is no brainer this is worth North of 2p a share.

Well done He1 a good piece of business.

Very much value adding.

"Robust commercial development plan"

Https://www.madini.go.tz/page/e607a6d4-5d8d-42d6-ac2e-d372d7f3949e/

Good to see this today.

O.k wrong link again. However production 2025. All good. Blooming mobile phones.

Yes, but it is all relevant imo. I initially copied the wrong link. But this all puts meat on the bones. I am an investor in He1. We will soon be producing. Up up up. Let's have that well deserved re-rate.

Https://www.thecitizen.co.tz/tanzania/jacob-mosenda-2731788

So far advanced. Production in 2025.

Yeh baby.

Https://www.tanzaniainvest.com/mining/high-helium-levels-discovered-north-rukwa-project

The release of the field study and award of the mining licence may very well lead to the announcement of a joint venture partner. A sensible move to keep those FS numbers back in the meantime to repell any low ball offer for He1 in the meantime. Good stewardship. Back to 2p in double quick time. Well done all.

Good re entry point. Bargain basement. No placing this year. Up we go. Need to be in now.

That's it. I'm out. Clearly being forward sold for a placing. It is what it is. That's enough money wasted for me. I shall see where this is after the placing. Got to except what is here. Good luck to those staying in.