Member Info for RogerJolly

From the article...

"Generally speaking, helium concentrations must be at least 0.3% for gas companies to bother with it. Such levels can be found in only a handful of countries including the US, Qatar, Algeria, Canada, and South Africa."

They found 4.7%

Peaky there is a risk in getting out of bed in the morning.

We can only listen to what we are told and maje judgement on that.

When you talk of COS they already have success in those traditional terms they have publicly stated "OUR HELIUM DISCOVERY"

The question for me is no longer "IF" but "HOW BIG IS THIS"

This is clearly a unique play with three very valuable gasses flowing along with 80° Geothermal possibilities that could I say could bring more valuable power than required for there own use.

While we mustn't get carried away, there is every reason based in what we know for excitement and optimism.

Imo any one of those valuable elements being produced would see the sp rise. For me it's a no brainer and at this price the risk is low.

Nobody has to agree, but thats my view

Do you mean like you are? 😂😂😂

Which is why this may be bigger than any of us ever thought it would be 🤞

Basil, I don't think anybody will deny that an RNS containing the word Discovery will not boost interest and therefore the sp further. My point is they have already published in written form that a discovery has been made and that would have passed scrutiny of the nomad.

There will be people that wait but the people who accept the announcement that has been made are likely to benefit by being in earlier. That's a decision for the individual but people stating it's not a discovery at the moment are wrong and trying to mislead others!

Much has been talked about the primary target Helium; it's been mention about Green Hydrogen and its high value but nothing has been said about Argon, a Helium substitute used in welding. (Not as valuable but still expensive.)

Neither has there been any discussion about the possibilities for Geothermal beyond powering up a processing plant. From what I am reading (link below) it seems the possibilities here for tapping into a geo thermal system are tremendous. No wonder Lorna describes the well as Unique. I see lot's more professional and scientific interest in this discovery than we have believed. Must not get too excited, but the possibilities make the mind boggle as Geothermal could bring power to the country.

"Geothermal energy—energy derived from the heat of the earth—can be harnessed both as a source of renewable electricity as well as directly for heating and cooling applications. The U.S. Department of Energy (DOE) funds geothermal research and development (R&D) to help stimulate the growth of the geothermal industry and encourage quick adoption of geothermal technologies sought by the public and private sectors.

Currently, the U.S. leads the world for installed geothermal capacity, with more than 3.7 gigawatts (GW). With continued R&D successes and strong industry adoption, geothermal could meet more than 10% of U.S. electricity demand.

Here are some interesting facts about geothermal energy.

1. Baseload energy - it’s always on: Geothermal power plants produce electricity consistently, running 24 hours a day, 7 days a week. The power output of a geothermal power plant is highly predictable and stable, thus facilitating energy planning with remarkable accuracy. Geothermal power plants are also an excellent means of meeting baseload energy demand, or the minimum level of demand on an electrical grid during a 24-hour period."

https://www.energy.gov/eere/articles/5-things-know-about-geothermal-power#:~:text=Currently%2C%20the%20U.S.%20leads%20the,10%25%20of%20U.S.%20electricity%20demand.

BobsSocks

👍👍👍👍👍👍👍👍👍

Your opinion InvestingGoals has always been one of negativity here. RNS or no RNS, no matter what appears in an RNS you always look to find fault. Three times in your last two posts you attempt to deny a Discovery and belittle the interview.....

"So it's all speculation until they confirm an official discovery in an RNS?"

"explorers talk themselves up with words like "de-risked" etc.. and can be more liberal in what they say in interviews etc.. then in official rns documents."

"First major step that will get real industry interest in my opinion is declaring an official discovery in an RNS.."

Below is the written public words from HeliumOne and the clearly states "OUR #HELIUM DISCOVERY" and the interview itself gives what details are currently available.

"Here, our #HE1 CEO Lorna Blaisse, catches up with @DonaldLeggatt from @_focusIR_ to outline the path to commercialisation for our #helium discovery 🎙️

m.youtube.com/watch?v=OLtoKp…"

Considering a nomad has to approve what the company publishes, do you seriously believe they would allow the word "DISCOVERY" to be used if they had not been convinced it was? You could of course write to the nomad and see if they remove it fir misleading the market, but you already know they won't, because it's true!

I fully accept there are still some questions as Lorna herself stated, but for you to be denying a discovery smacks of clutching at straws. Playing your own book for a little short most likely 🙄

What we really need is for this well to bring home enough bacon to fund the field development. The profits will then follow in time

People need to cool down. There is no defence for the behaviour of both camps on here in recent weeks and neither should be virtue signalling about the behaviour of the other. Imo both leading protagonists should be taken to task and removed for their disruption. It isn't the first time inexcusable remarks have been used towards our CEO or to decent people on these boards and it has not just come from one source, so this alone is no reason for a witch hunt against just one personality that is not liked.

Open aggression, threats and abuse has been rife in recent weeks and gutter language more specifically from one accuser here has become the norm for him. Like two gang leading kids in a playground they need their heads banging together and expelled.

People come here to learn and find links to articles worth reading, but they have little chance with these pair and their back up bully boys at each others throats continuosly dominating the space.

The hypocrisy from the pair of them is unbelievable. One is clearly day trading while the other flips flops from hot to cold.

What better way to turn off new investment than to disrupt a place of information. Is this a real gang war or a boiler room in action? Lord knows we have seen characters like this come and go over the last year.

We need some respect here for facts over opinion and this sort of carp needs to be stopped.

From my point of view these two need to grow up and meet in a ring somewhere. They are not welcome here.

I get you Juno and I don't want to make an issue of it, but their crime was mens banter. It was behaving badly in a public arena which we know she reads. Whereas the other is about real suffering. We can leave it there 👍

@Sado. Clever marketing. Thinking outside the box 👏👏👏 😁. Watch it and learn lol

Juno you are right about the crude remarks and he isn't the only one making them, but for you then to go on and make remarks about Autism and Asperger's will be equally offensive to some who have family members who suffer. 🙄

Eafster: The 0.5% that is being referred too is the Helium content within the carrier gases bringing it to surface.

That is the average amount around the world needed for it to be commercially viable.

The fact they have flowed 4.7% Helium to surface shows 9.4x more Helium than is required to be commercial.

As that flow level has been independently verified in an onsite laboratory the company are able to proceed with their data analysis to aid them with decision making and how best to bring this into production as soon as possible.

This well as per TAI3, was designed as a production well, so in theory could be up and running as soon as a facilities plant can be installed.

Lorna explains in the video that there are multiple ways forward and that they are currently studying which route to take.

She made in clear that this is not a conventional well so normal O&G events may not apply. One thing for sure from her words is she has no intention to hang around. She wants to produce asap.

This is one to let ride and review the situation as it goes.

Right now the full potential is unknown. I am looking at double figures as a minimum based on what has come out officially, but how high above will depend in what comes in the coming weeks and months. A better idea might be there in Spring maybe sooner. Lorna dies want to get on with it, that has been made clear.

A post from a Mark Schmidt on that link now reads

"Helium discovery in Tanzania: Helium One Global discovered a 4.7% helium concentration in the Rukwa Rift Basin, marking a significant breakthrough. This concentration is nearly 9,000 times above background levels.

➡️ Economic potential:

This discovery could position #tanzania as a major helium supplier, joining the few countries currently dominating the market. Helium is crucial for various applications, including medical equipment, electronics, and space exploration.

➡️ Helium One Global holds prospecting licences totalling more than 2,965 Kilometres Square across three distinct project areas which are Rukwa, Balangida, and Eyasi located within rift basins in the north and south-west of Tanzania.

➡️ The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900 kilometre square in the south-west.

➡️ Today, helium is pro- duced primarily in just four countries including in the United States of America (USA), Qatar, Algeria and Russia, whereby limited number of suppliers result into an increase in demand and its price worldwide."

Going into close 16:26 at 2.46

Trades just before were lower around 2.41 / 2 mark

H?L showed 2.55 paid just before close and dropped straight back looking like 2.45 close before any late stuff is shown or UT

I only read it yesterday Crusty so as said don't know enough. It actually referred to it occurring in depleted wells so I just put the thought together wondering if oil had migrated leaving traces for the microbiology to work. Please do post it if you find out more

Ten minutes to go and not that far away