Linked in13 Oct 2025 13:59
'James Smith, Non-Executive Chairman, commented: “Working with our Galactica Partners, Blue Star Helium, we are delighted to announce that we have reduced our capital spending commitments on production equipment, by converting some of these to a leasing arrangement. This has had the beneficial effect of enabling us to cancel the remaining CLN amounts due to our reduced capital requirements.”
With a good financial foundation and ongoing active operations in both Tanzania and the United States, Helium One remains focused on delivering key project milestones and first gas before the end of 2025. '