Helium One Global - HE1 - Share Chat

Let’s see if she can reverse the -45% I am currently sat on. :roll_eyes:

I think this is great news. I had zero faith in the previous managment. They had time and achieved nothing of note!

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We will see…

Well yeah. I mean this is a very binary stock. It will either work out or it won’t. That’s the power of exploration & discovery. At least now there’s hopefully someone competent in charge who will get on with actually finding out…

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This is the catalyst for my huge sigh of relief.
My faith in HE1 management has been at rock bottom for too long now. Free cash flow has been getting worse as expected with no progress, sourcing and contracting a drill rig has been shambolic to say the least.
I personally welcome this change and offer my full confidence moving forward. And let us hope the market starts to agree.

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I welcome the change, I am hopeful - just “hesitant” with my optimism :grin:

Drilling pushed back to Q3. New CEO to address the AGM today…

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That explains the drop then .
So much for drill companies knocking on their door :rofl:

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RNS Number : 9341P

Helium One Global Ltd

15 February 2023

A picture containing drawing Description automatically generated

15 February 2023

Helium One Global Ltd

(“Helium One” or “the Company”)

2023 AGM and CEO update

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, announces that at today’s AGM, Lorna Blaisse, the Company’s new Chief Executive Officer, will give an update presentation to the meeting, a copy of which will be uploaded to the Company’s website.

The Company has updated the operational outlook using information which is current as at today’s date, based on ongoing negotiations with rig providers. This outlook indicates a planned drilling programme at Rukwa commencing in Q3 of this year.

For further information please visit the Company’s website: www.helium-one.com

Contact

Helium One Global Ltd

Ian Stalker, Non-Executive Chairman

Lorna Blaisse, CEO +44 20 7920 3150

Liberum Capital Limited (Nominated Adviser and Joint Broker)

Scott Mathieson

Ed Thomas

Nikhil Varghese +44 20 3100 2000

Peterhouse Capital Limited (Joint Broker)

Lucy Williams +44 20 7220 9792

Tavistock (Financial PR)

Nick Elwes

Tara Vivian - Neal +44 20 7920 3150

Notes to Editors

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences totalling more than 2,964km2 across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.

The Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% He by volume. All Helium One’s licences are held on a 100% equity basis and are in close proximity to the required infrastructure.

The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania. The project is considered to be an advanced exploration project with leads and prospects defined by a subsurface database including multispectral satellite spectroscopy, airborne gravity gradiometry, 2D seismic data, and QEMSCAN analysis. The Rukwa Project has been de-risked by the 2021 drilling campaign, which identified reservoir and seal with multiple prospective intervals from basin to near surface within a working helium system.

Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBZLLFXLLEBBL

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Q3 damnit

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Bored of seeing a £3300 loss now. Some green numbers would be nice

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A slight improvement. Coming close to green for me now. Anyone have any idea what would happen to the price of the shares if they actually discovered a huge reserve?

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£1.25-£1.50 per share on discovery IMHO

Hi, just out of interest, what are you basing your predictions on ? As that seems a huge jump. I did have a few shares but sold when the announced drilling will be delayed.

I guess i may have missed something, but can someone explain why SP is up almost 20% in last 10 days considering they recently said nothing will happen now until Q3 ?

Only catalyst I can see for the small rise are the meetings with authorities in Rukwa.
Still no news on drill rigs.
I personally doubt it’ll hold this price until news of a rig, so most likely time to buy back in or more.

Thank you.
What eveyones opinion on short/medium/longe term SP once drilling does start in Q3 ? Assuming it does start.

Something is going on https://www.lse.co.uk/news/HE1/helium-one-enters-cooperation-deal-with-noble-helium-fwyoswhcivsfayn.html

I feel like I should top up a bit, but I have lost quite a bit of faith tbh

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I currently hold 109459 shares and intend to stay at that.
HE1 is definitely my risk asset of my entire portfolio

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