Member Info for Toffers

So Toffeeman123 aka Punter1234 at 12.31 you tell us you've bought back in and then an hour later your ramping away, and yet you have the audacity to call others rampers when you've sold out again. Just shows us your true colours.

Everyone knows AIM shares trade on positive rns's, good PR, and ultimately momentum. 300-400% rises in a short space of time are not unheard of, same with drops. The trading gangs set up their attacks and know exactly when they are going to pull the rug to create a drop. And you all know it happens. Take a look on the internet at the far east trading gangs that infiltrate AIM for starters!

Flee

Watch them now ramp it to 0.70 and then flea again. And they have the audacity to call those invested here rampers. Green boxed so many this morning and they will stay that way.

Wyndrum, there's many people here whohave lost thousands and hundreds of thousands at the hands of these merchants. I'm one that lost hundreds of thousands, so please don't lecture me. They will do it time and time again, because AIM regulation and the FCA do nothing about it.

It does actually do a lot of damage because in their cartels they work shareholdings in companies to manipulate them up and down, today they will be working x share, having seen at 7am what is likely to rise and what is likely to fall, tomorrow it will be another, and they tend to go around the same AIM shares where they know nothing can be done about them, they are the robin hooders of AIM, we've seen it so many times. So on Friday it looks as though they were working 88e so as to get a bit of a rise on that, then they pull out and leave others high and dry and so it goes on, and this is why they are nicknamed the ten percenters. Say to say they have no effect, is not true, they do sadly, and sometimes they cost AIM investors hundred of thousands. That said, when they switch tactics, having filled up with their dirt cheap shares again, they will start ramping to high heaven, and it's difficult to predict where they will pull the rug. This is why AIM companies such as HE1 need to keep a stream of PR filtering through, so we can just gradually work our way up, and not be subjected to the troll manipulation. The trolls are not interested in a share that is gently rising, as they want their quick bucks and move on. My views.

Just filter, use the filter button, it's what it is there for, and this is getting tiresome when you're all answering them, as this is what they want. Just IGNORE them. Oscar is clearly Toffeeman123 and Punter1234 and all the other aliases he has. I won't say what I think about his presence here, I suspect he is part of the TW crew who hand out a few brown envelopes and I'll leave the rest to your imagination. Just ignore them people, they unfortunately pick up millions of shares because you lot that answer them all the time allow it to happen with them spreading their fud and their subject headlines being put to the forefront. My views.

Operational Progress – Tanzania (Southern Rukwa Project)

• Helium One reported enhanced helium flow rates at its ITW-1 well in the southern Rukwa Helium Project in Tanzania following Electrical Submersible Pump (ESP) testing — the rates were materially higher than prior testing. This bolsters confidence in the potential of the Rukwa play and supports advancing the project into a development phase.

• A formal farm-out process (seeking a development/joint-venture partner) has been launched, indicating the company aims to bring in third-party capital and expertise to help scale the project.

• Independent brokers described the latest Tanzania results as “encouraging” for the project’s prospects.

🇺🇸 Galactica-Pegasus (Colorado, USA) – Production & Commercialisation

• Helium One holds a 50 % working interest in the Galactica-Pegasus helium development project in Colorado, alongside operator Blue Star Helium.

• The Pinon Canyon processing plant is nearing integrated operations with infrastructure installations (like CO₂ stripping) in place, paving the way for helium recovery and commercial sales.

• Spot sales arrangements are in place and discussions are ongoing for long-term offtake contracts for both helium and CO₂, supporting the project’s commercial ramp-up.

Market/Share Reaction

• Following the positive flow test news from Rukwa, Helium One shares climbed significantly, with reports of shareprice increases in London trading.

Context & Strategic Positioning

• Helium One’s strategy centers on transitioning from pure explorer to development/producer with revenue potential from the U.S. project while progressing appraisal and eventual commercialisation in Tanzania.

• The company’s dual-continent portfolio (Tanzania + Colorado) reflects a broad play on the tight global helium supply market — helium is critical for tech and industrial applications.

Summary:

🔹 Rukwa (Tanzania): More robust flow results from ESP testing and a started farm-out process signal progress toward development.

🔹 Galactica (Colorado): Near-term operational milestones with processing plant readiness and early commercial arrangements underway.

🔹 Stock performance: Positive reaction to operational news, but full commercial revenues still emerging as projects scale.

all courtesy of the Chat

EOG Resources farmed down part of its interest to partners including TotalEnergies and QatarEnergy in a significant consortium deal, illustrating how large players take equity positions in exploration assets. Anyone thinking of Nishant for HE1 and his Qatari contacts?

So, the types of “majors” most likely to sign up in Helium One’s farm-out or partnership process for the Southern Rukwa project are:

Large international oil & gas producers with capital and subsurface development expertise.

Major drilling and energy service companies willing to invest operational capability in return for equity or profit share.

Institutional or strategic investors that can provide capital in exchange for project upside.

Helium One’s own announcements make clear the company intends to pursue this type of industry partnership as it transitions from exploration/testing to development.

If a rig is already on site at Helium One’s Rukwa project in Tanzania, that materially shortens timelines — but the farm-out process itself still depends more on commercial negotiation than operational readiness.

Here’s how it typically breaks down in frontier resource projects:

Typical Farm-Out Timeline (With Rig Already Mobilised)

Fast case: 3–6 months

Possible if:

Data room is already prepared

Interested parties have previously engaged

Well results are encouraging

Deal structure is relatively simple (e.g., earn-in for 20–40%)

In this scenario, the rig presence actually creates urgency — potential partners may want exposure before a discovery is fully de-risked.

More typical case: 6–12 months

Common when:

Multiple bidders are being evaluated

Commercial terms (carry, equity %, operatorship) are negotiated

Government approvals are required (very likely in Tanzania)

Legal and due diligence processes take time

Even with a rig onsite, a farm-out still involves:

Technical review

Reservoir modelling validation

Financial modelling

Risk committee approval at the partner company

For a major energy company, internal approvals alone can take 2–4 months.

Long case: 12+ months

Happens if:

Market conditions shift

Well results are mixed and further appraisal is needed

Financing conditions tighten

The operator holds out for stronger terms

Why a Rig Onsite Matters

If a rig is already in place:

The project is operationally active

Costs are accruing daily (which pressures timing)

Near-term catalysts (flow tests, appraisal wells) are imminent

Data updates can quickly de-risk the asset

However — and this is important — most farm-out deals are driven by subsurface confidence, not rig logistics. A partner wants clarity on:

Resource size

Flow rates

Development costs

Infrastructure requirements

Regulatory stability

If helium flow rates are confirmed commercially viable, negotiations accelerate dramatically.

Strategic Consideration

Sometimes companies deliberately:

Drill first to improve leverage

Announce a discovery

Then farm-out at higher valuation

Other times they farm-out before major drilling to share risk.

If Helium One already has a rig on site, it suggests:

Either drilling is ongoing while partner discussions proceed in parallel

Or they are trying to secure a partner for the next campaign / development phase

🎯 Realistic Expectation

If negotiations are already underway:

3–6 months for heads of terms

6–9 months for final signed agreement

Additional time for government consent

If discussions haven’t formally started:

6–12 months is more realistic

REMEMBER THOUGH THEY HAVE SAID THEY ARE ALREADY IN TALKS. WHAT WE DON'T KNOW IS HOW LONG THOSE TALKS HAVE BEEN ONGOING!

Fast case: 3–6 months

Possible if:

Data room is already prepared

Interested parties have previously engaged

Well results are encouraging

Deal structure is relatively simple (e.g., earn-in for 20–40%)

In this scenario, the rig presence actually creates urgency — potential partners may want exposure before a discovery is fully de-risked.

Filter. They are here for one purpose and one purpose only, to disrupt, and then get a thread of useful info taken down. Chat gave some valuable info last night that I posted but it's gone several pages down now because of these disruptors, which is exactly what they wanted thanks to kread aka Toffeeman123 aka Punter1234 et al.

TOC rather!

Nite all. Until tomorrow (hopefully!).

Excitement is brewing :)

So I take it Toffeeman123 is related to Punter1234! Punter or OTC likes to use numbers!

Interestingly, I put who is kread on lse forum in to my web browser and it referred me to posts of Toffeeman123!

I can't see kread's posts now, but if he or she is now posting under the 'Rukwa' thread, then he or she is aiming to get it pulled down, that's what they want, so best to just filter it, so as to save the thread :)

Now filtered.

"We now need to increase our understanding of the Basement fault and fracture play, where we believe there is the potential to increase GWRs and helium concentrations. In order to do this, a further work programme will be required, and we will commence a strategic farmout process to seek an industry partner to help us deliver this."

I'm sure somewhere it was stated they are already in talks. None of us know how far down the line with that they are, but I can't imagine they're hanging about, as they want the funding to take this forward from a strategic partner.

"Details of ESP Testing

The Company has successfully completed the ESP testing programme at the ITW‑1 well in southern Rukwa, and results from this testing programme provide key operational and technical data required to advance the project.

Following final downhole function checks and setup of surface equipment, the testing period commenced on 26 January, 2026 and was completed on 14 February, 2026. The ESP equipment was provided and operated by CenerTech Group, part of the Chinese National Offshore Oil Company (CNOOC) and was operated for over 450 hrs with zero maintenance or downtime. Equipment and personnel are now being demobilised."

They are keen to make mention of CNOOC! CNOOC will no doubt already have knowledge of the latest data!

Not arguing with you further Kread, as it's abundantly clear what your agenda is, and particularly so as you keep posting on the same negative heading over and over again.

I'm not an idiot if that was aimed at me. I like to research wherever I can find info, and actually, Chat is providing quite invaluable at the moment, as it gets the cogs spinning and helps with evaluation.