Member Info for Toffers

I'm not a trader, if I were, I would be eminently better off right now thanks.

For the record, I've never been known as mad kira!

Good spot allthatglitters2. Come on folks let's play nicely, we're all here for the same reason. Let's show our support to QHE and keep up the momentum.

Don't worry folks, Laura aka Punter aka TOC is harmless :)

So you are the office cat and all the other aliases of course!

Laura's the cat!

16 April - Quantum Helium prepares for key Lower Leadville perforation at Sagebrush-1 well

Laura2022, QHE is a tight ship, there have never been any leaks, so there cannot be any rumours.

Please stop posting links to X tweets by traders and such like, they have no bearing on anything at all, including D Burton, and that guy Steve whatever his name was who used to think he was the best stock analyst going sitting in conservatory smoking his weed no doubt!

Add to that list that the directors have all just increased their own holdings substantially, so they must know something!

Mont, if they announce a JV at the same time, we could potentially 10 bag and more!

They'd put out a tweet today! Come on Board! We're all getting restless!! :)

What and where are these 'rumours' coming from exactly? prey, do tell.

Songwe Helium Ltd itself likely holds:

minimal working capital (typical for a JV vehicle at this stage)

Funding instead comes from:

the parent company (Helium One)

future project finance / partners (not yet secured)

The JV has only recently been incorporated and awarded the mining licence

It is still pre-development, not a cash-generating entity

And 18 months away from production!

Plus;

~$80M to $200M+ to reach production

GLA

Why did James Smith leave as Chairman with immediate effect? How much have the Board already filled their personal coffers from their humungous salaries and perks? and with your monies out of reach in the BVI? A year has already passed with no action by the company following the grant of a 10 year mining licence. Year 2 beckoning, leaving only 8 remaining, and no sign of a signing ceremony. Add to that the sudden departure of James Smith, and the worst signing of all, as Clive Carver as Chairman, giving false hope, and I think you'll begin to see you've been right royally stitched up over Tanzania. The Board have made enough already from shareholders to live a life of clover, without doing anything else for themselves. Their pensions are stuffed full, and they've put no skin in the game. Their only asset is their share in Blue Star, and that isn't worth much. They haven't taken the minerals out of the Tanzanian soil, so they don't own them until they're out. All they've got is an agreement for a piece of land which they're not doing anything with, and again, courtesy of the Chat;

"Bottom line

You don’t have to start mining immediately after discovery

But once you’re granted a mining licence, you typically have about 18 months to begin operations

And throughout the lifecycle, you must show continuous progress, or risk losing the licence"

And this applies to Tanzania.

Tick Tock! That 18 months is drawing ever nearer.

P.s. If you want to check it out for yourselves, simply put this in to the chat;

"when was this said relating to Helium One? Minister Mavunde explicitly noted that the signing "unlocks the door for international consortia to participate in the infrastructure development"

Stan9, there's some right idiots on this forum isn't there?????

"That quote is from early 2024—specifically tied to Tanzania’s push to develop helium infrastructure involving Helium One Global Ltd.

The statement by Doto Biteko Mavunde (often referred to simply as Minister Mavunde in reporting) appeared around the time of a government-backed agreement/MOU on helium processing and infrastructure development.

Timing

The comment was made around February–March 2024

It coincided with announcements about:

სახელმწიფ-backed infrastructure plans

Opening participation to international partners and consortia

Context

The key idea behind that statement:

Tanzania was signalling it wanted to move beyond just exploration

It aimed to build midstream infrastructure (processing, transport)

And crucially, invite foreign investment partners to help fund and develop it"

courtesy of the Chat.

Why you two Cyrox and Mattk6 feel the need to put another poster down is beyond me when you both clearly haven't read that rns properly. Again, I repeat, HAS NOW COMMENCED, meaning it was already under way.

Cyrox, Mattk6 if you READ properly, the rns on 8 April stated " has now commenced" and there was discussion at the time that it was therefore already under way before the rns. I think I'm probably nearer with my calculation, so less of the idiotic remarks if you wouldn't mind.

They started the EWT in early April and it usually takes 2 to 6 weeks for flowing/testing operations to complete and then a short period of time thereafter for analysing and reporting results. So we are roughly 5 weeks in nearly, which is on the longer estimate of time, so I would say it's looking pretty good for us imo. Fingers crossed.