Member Info for strop

Scrwal - we all know funding is needed post EWT but not necessarily via a placing which you said is inevitable.

There is a 6th option - which I personally think is less likely but was floated by Graham Jacobs in the last webinar and that is go it alone. Raising funds by debt financing for future works and using off takers to move the gas. (They did also say they did not want to be involved in the logistics of getting the gas physically to the markets).

I would suggest that basing your investment strategy on the postings of Matt or anyone else on one of these boards may not be wise; but your decision at the end of the day.

"The finance guy"??? LOL

Not people suggesting a placing toffers, I was challenging a person claiming it!

Scrwal -"Will there be a placing - yes it is inevitable unless a JV is in the pipeline."

Please explain why you state that a placing is inevitable?

Crusty - Wouldn't surprise me if she does an interview at some stage even if she is in country. That last webinar looked like it could have been in a portakabin in the middle of nowhere.

Crusty - Let's not forget that the Director of Operations did a video tweet last week so anything is possible.

Nobodys - The 4.7% relates to the quality of the helium and not it's flow rate. Needs the flow rate confirming from the EWT.

Mamma - Not that old given it is a press release from August 2024!!!!

https://orcaenergygroup.com/news-and-press-releases/

Orca Energy (Gas not helium player) in Tanzania, currently suing TG for $1.2 billion for a perceived breach of contract.

Given the number of companies operating in Tanzania there are bound to be the odd disputes as there are everywhere.

https://orcaenergygroup.com/wp-content/uploads/2024/08/Aug7_OrcaEnergyGroupInc_NR_3888460.pdf

Posted for information. Doesn't change my very positive outlook around HE1.

I noted in the article from the link mention of Kornbluth Helium Consulting so have had a look at their webpage:

http://www.kornbluthheliumconsulting.com/

I would imagine we will be utilising the services of this type of company at some stage perhaps.

Couple of dated articles on the site but interesting nonetheless as Tanzania exploration is mentioned. in both and HE1 specifically in one of the articles.

http://www.kornbluthheliumconsulting.com/wp-content/uploads/2019/11/Gasworld-Robust-Pipeline-Bodes-Well-Nov-2019-FINAL.pdf

http://www.kornbluthheliumconsulting.com/wp-content/uploads/2021/06/Gasworld-Helium-Start-Up-AT-UNPRCEDENTED-LEVELS-FINAL-Corrected.pdf

Posted for interest/information

Been some crazy posts/postings in the last few days and a lot of people suddenly dropping in and out.

Great posts this evening though from posters more eloquent in summarising the board than me from

V111JAS at 2008 hrs

Manifesto at 2023 hrs

Moorscloud at 2025 hrs

And my Brucie bonus to HereforHemo at 2226 hrs

Thank you

Suspect they are using the images used by the media outlet in the article they are quoting/sharing from? In their own tweets they are 100% authentic

Hi Roger, As you have been keeping abreast of goings on at our neighbor Noble, do you have any understanding of the VAT payments/rebates that they recently received, and if so would HE1 be expecting anything similar?

TIA

Hi Squariel - In the recent webinar Lorna was asked if we would be able to commercialise any helium/hydrogen during the EWT and she stated we would not be doing so. So no off take during this phase of Ops.

Thanks again Joe for the update.

I don't think we have enough money left to do any more drilling at present as the last raise was specifically done to raise funds for the EWT so hiring out the rig would bring some welcome funds into the company. Noble the primary contender as you say.

@Joe80 - Thanks for your informative posts today they are much appreciated by myself and others.

I asked earlier in the day "The next phase of the operations now involves preparing the wellbore for running the 7" slotted casing and cementing it in place. Once this is complete, the Company will then run a completion string in the hole comprising of tubing and packers .......

Does anyone know roughly how long that would take?"

And was criticised for doing so but you have explained what is happening and why so I thank you.

I also suggested that as the company had stated that the Independent surface well test (EWT), set up allows for rig-less testing we could potentially hire out the rig. Is that feasible?

GLA

In the last webinar, Lorna stated that the Independent surface well test (EWT), set up allows for rig-less testing.

I do not believe we currently have the funding to move the rig and start another drill or return to Tai-3 at this moment in time but we could hire out the rig to earn some revenue in the short term; a scenario which the company has previously stated was feasible.

5085 - Do you not think that there are shareholders on here who might have the knowledge and expertise to answer my query even if you cant?

I wasn't asking for an exact timeframe I was just interested in trying to understand how long that work could take and maybe someone explaining what it actually involved.

Good Afternoon.

In the RNS it stated

"The next phase of the operations now involves preparing the wellbore for running the 7" slotted casing and cementing it in place. Once this is complete, the Company will then run a completion string in the hole comprising of tubing and packers ....... "

Does anyone know roughly how long that would take?

Once complete the EWT starts in earnest and if I recall correctly from the webinar they would flow for about 5 days in each of the 2 zones for the EWT.

Of course the caveat that must be used here is that Mike in his video last week did say "well test equipment arriving on site shortly". Hopefully, it has arrived and they can crack on.

GLA