Not worrying atall25 Apr 2024 11:47
If everyone reads the RNS’s they clearly do state we will be informed of progress , I believe all is fine , just patience and waiting! That’s what share dealing is …. Risky but can be very rewarding in time !
This is from 7 th March
Helium One is currently working towards an EWT in Q3 2024 on Itumbula West-1 in order to confirm flow rates and the fluid composition. Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners and will help determine the design of any future production facility. The Company has already approached vendors regarding such facilities and will be working closely with them over the coming months.
The Company is also reviewing its options to drill another well this year, following the commencement of the EWT. These options include the deepening of Tai-3 to test the Basement play or the drilling of an appraisal well at Itumbula. The outcome of this, as well as the planned EWT, is subject to securing the necessary long lead items required for such operations.
The Company-owned Epiroc Predator 220 drilling rig is currently hot stacked at the Itumbula West-1 wellsite. Additional spare parts are being obtained while the rig remains in a state of operational readiness.
Recent positive engagement with the Mining Commission of Tanzania has enabled the Company to align on forward appraisal and development plans, including associated licensing requirements. The Company looks forward to making further updates in due course.
Sorry it is cut and pasted :)
Gla
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