Member Info for Toffers

39+ million shares come to the market on Monday. They paid 2.3p for them! Can't see them being happy, but then again, I suspect they know more than we do, as CCM alluded to! Hang in there folks, it's not pretty, I'm seriously down again and fed up with the lack of comms, but the fact that some folks have taken 39+ million shares at 2.3p gives me hope still! GLA.

Oh no, not SteJSteJ again!

👍

Apologies if already posted.

https://dailynews.co.tz/tanzania-prepares-for-full-scale-helium-production/

Https://www.imarcgroup.com/bulk-helium-pricing-report

News tomorrow?

Hi Blubay, I think the end of 2025 was initially mooted from the time of the submission of the ML. Time has marched on of course, so yes, some point in 2026, unless they also JV with a biggie to get things moving as quickly as they can, once the award is official.

The world is in a precarious state currently as we all know. From recollection, HE1 hoped to have the production plant sorted by end of this year. Clearly, HE1 and TG will want that production plant built, up, and running asap, so I suspect there will be a helping hand from a bigger mining outfit, possibly one who is located not too far away! The purchaser of the helium, which has probably already been decided, will want a commitment to timeframes, so I'm expecting that production plant to be up and running in double quick time!

Https://miningindaba.com/articles/growing-african-mining-industry-through-joint

You can scroll down and read the article without clicking on the cookie box.

Thanks PC, just trying to help, and to keep the naysayers at bay. I posted a link last night so that people can see the ins and outs of taxation as well. Keep up the good work, we deserve the rockets now, time to start firing up the boosters :)

Hi CP, no these are bot orientated I believe, they all have the exact same timings. Keep watching. Happened elsewhere in another share I'm in last week and the week before!

Happened elsewhere recently, and an exponential rise followed! Are the weird trades about to do the same here?

We're already in a JV with the Govt! It is likely funding will come from the Govt initially imo! I suspect they were 'allotted' some shares way back when we wondered who'd they'd been given to, but just my guess! If so, they will probably have sold some of those shares, and be in a position to offer favourable finance! not sure of the ethics, and it's only a guess, but remember when we were all talking about it at around 0.50?

"The mining company must enter into a joint venture arrangement with the Tanzanian government to be governed by a framework agreement in the form set out in the Mining (State Participation) Regulations 2022."

Interesting!

"In order to demonstrate to the lenders that there will be sufficient cash generated by sales of the end-product to repay the loan, the purchaser is usually identified at the outset in a Tanzanian context and, if at all possible, tied into the transaction at an early stage. The various offtake agreements will therefore require significant scrutiny and be tied into financial close."

I wonder who is going to purchase the helium? Assumedly, it must already be known! and the likely price?

Https://www.clydeco.com/en/insights/2023/05/project-financing-the-development-of-a-mine-in-tan

This might help explain to some may be ?

https://www.mayerbrown.com/en/insights/resource-centers/africa-mining-know-how/tanzania

Nite all. Excited for tomorrow. Hope the momentum continues.

There's always 1............. or 2, or 3, or 4!!!! but not me I'm afraid! but feel free to speak for yourself of course.

That was the price when I posted, you posted 7 minutes after that!

Anyone know if there is any company out there who could be interested in fasting tracking the building of the processing plant? any ideas? it would be phenomenal if the company could announce a collaborative effort to get it built quickly and get us in to production much quicker than the original Dec 2025, which is probably now slightly out of kilter on timing?

To buy currently on HL

Thanks Popeye, I'm still here, just bought a few extra on that drop at 2.3p! :)