Member Info for stan9

3 to 6 months is the normal period in the industry for such jv discussions.

The LTIP is a classic example that the board are positioning themselves for a change of control. Issuing nearly 1% of the company in new awards just as you enter a "Strategic Farm-out" process (which started in February) is often interpreted as "fattening the pig" before the sale. Most LTIPs, including those typically used on the AIM, contain a Change of Control provision. This means that if a company is taken over, the performance hurdles or vesting periods for these awards are usually accelerated or waived. BNL is looking strong on asx with good volumes, before the 'quarterly activities report' on the 30th. Then expect an update on the jv around 15th May.

The cut off for these licences is mid May, if they do not provide proof of meaningful activity they get cancelled.

Bluebeard I never said rukwa was a zombie licence. I said the Tanzanian government has had a crackdown on zombie licences. They cancelled 40 mid April and gave the the holders of 43 other licences to produce proof they have meaningful activity on their licences or they get cancelled. This is why the Tanzanian ministry of mines will be pushing he1 for an update on the jv, so they can say their new get tough policy is working. Please do some basic reading and research before posting your silly message.

The directors new LTIP, the Tanzanian governments crackdown on zombie licences- deadline day mid May, Rukwa's green helium, all point to a take over and a big payday for directors and shareholders, Mid May should see an update on jv partners, probably a consortium. The Tanzanian government will also be pushing for this as proof their new policy is working.

But watch out for BNL's quarterly activities report on Thursday (actually Wednesday night). Big news coming soon, but good luck to the cowboys with other shares.

LOL

Rns for bnl is due Thursday, are you feeling lucky punk.

At the risk of repeating myself, BNL's quarterly activities report is due on 30th April.

Russia took another 10% off world market by introducing temporary export controls.

Does 32 years in uniform qualify broomstick as an expert on he1. He is ill researched and fair game for ridicule if he/she wants to hide behind a uniform which on any other occasion I would be patriotic and proud.

Interested jv partners were invited to look at helium one's 'data room' for Rukwa. A 'data centre' is something different, perhaps ask a different question,

That explains a lot, decades of carrying heavy gear, irregular sleep cycles, and high-stress environments can impact long-term mental health.

Tanzania is by no means at a standstill, just because shareholders are not privy to what is going on in the background with many potential jv partners. It is not in the share holders'interest for he1 to show its cards at this point, expect some news of a shortlist by mid May. Not just 1 partner but a possible consortium providing all funds plus an upfront payment for he1. But if it's news you want next week the 'quarterly activities report' is due for BNL. Ignore the trolls, Rukwa is massive, green helium of 'world strategic importance'. Even the water is an asset, geothermal to provide power, contains rare earths, and provides irrigation for the local population.

I thought you had twigged by now, bt is an idiot, does no research and has no idea.

You have not got £50, but save up, news in May.

BNL's quarterly activity report is next week. Then hopefully an update and shortlist on jv partners by mid May. Rukwa helium is green and highly sought after, any off take company can state their green credentials on their annual report.

Qde was up 12% yesterday and yet you sold in spite of you telling us how it was going to rise. poor wee lamb

Blobby how is your QDE this morning, lol.

Hear hear

With a shortlist for jv partners (without naming names) due by mid may, wait and see. Could be a consortium of 3, off taker, technology expertise and driller, possibly cnooc.