With a licence area of 3 and a half thousand kilometres in Tanzania, Helium One is developing the Rukwa project said to be the ‘largest known primary helium resource in the world.’
That was the language being used pre-the December 2020 IPO. The language used now is slightly tempered with regulatory news statements from the company now referencing Rukwa as ‘the world’s premier basin for helium exploration.’
So does that mean the resource of the magnitude once heralded just isn’t there and to borrow a helium pun, the claims were just hot air?
