Helium One reports on “exciting and significant” half year
Portfolio Pulse from
Helium One Global Ltd reported a significant half-year period, highlighting two key development opportunities: an extended well test in Tanzania's Itumbula West-1 well and a 50% interest in the Galactica-Pegasus helium project in Colorado. The company submitted a Mining Licence application in Tanzania and expects initial production in Colorado by late 2025. Despite being pre-revenue, the company ended December with $10.02 million in cash and reported a $1.93 million loss.

March 21, 2025 | 8:30 am
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Company expands helium project portfolio with promising developments in Tanzania and Colorado, positioning for potential future revenue
Positive news includes successful well test, mining license application, new project acquisition, and clear development timeline. Potential near-term revenue and portfolio diversification could attract investor interest.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100