Proceeds will be used for fast-tracking the Rukwa project in Tanzania and to keep equipment in the field for appraisal work after a drilling programme completes.
Minchin says ‘now was the time for us to pull that trigger’ to also be able to carry out seismic studies over any discovery to maximise conversion to reserves and allow the field appraisal programme to be completed by the end of 2021.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…
In exchange for publishing services rendered by the Company on behalf of Helium One Global Ltd named herein, including the promotion by the Company of Helium One Global Ltd in any Content on the Site, the Company…
Read More: Helium One raise £10m to fast-track development of Rukwa project in Tanzania