Proactive - Interviews for investors

Helium One CEO discusses strategic expansion into US market with Galactica-Pegasus stake

Episode Summary

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF)CEO Lorna Blaisse discusses the company’s latest strategic move to diversify its portfolio and generate near-term cash flow with Proactive's Stephen Gunnion. Blaisse elaborated on the proposed acquisition of Blue Star Helium's Galactica-Pegasus asset in Colorado, emphasising its potential to position Helium One as a major player with successful geological operations across two continents. Blaisse explained the significance of this acquisition, particularly its role in providing early cash flow, which she believes will greatly benefit the company and its shareholders. Despite this new venture in the US, Blaisse reaffirmed that Helium One remains focused on its core operations in Tanzania, where the company continues to progress with its extended well test (EWT) at the Itumbula project. She highlighted that the results from the Karoo section have been promising, with high concentrations of helium, and emphasised the importance of geological diversification for spreading risk. Blaisse also addressed the company’s use of a cash box fundraise to expedite the acquisition, acknowledging the criticism but expressing confidence that the long-term benefits will outweigh the dilution effect. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #HeliumOneGlobal #HeliumExploration #LornaBlaisse #EnergySector #TanzaniaProjects #USHeliumMarket #NaturalResources #ProactiveInterviews #InvestmentNews #DiversificationStrategy #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews