Project TypeHelium Gas
The Havoc partners have recently invested in Helium One Ltd which was founded in September 2015 as a focused explorer, developer, and ultimately producer of high value bulk liquid helium for the international market. Helium One has a 100% interest in 20 prospecting licences with a further two applications submitted over areas considered to be highly prospective for helium in Tanzania.
Within the portfolio are 3 distinct project areas, these are referred to as Rukwa, Eyasi and Balangida. All contain known helium occurrences with concentrations ranging between 2.5% – 10.5% helium and demonstrate the ideal geological conditions for large gas accumulations to be present.
Helium concentration vs known global helium accumulations:
With numerous industrial and technological applications, helium combines a unique blend of characteristics which make it a high value commodity. Over the past 10 years, world prices for bulk liquid helium have increased by an estimated 106%, or a compounded annual growth rate of 7.5%. New applications for helium are expected to further intensify demand, further highlighting the strategic value of Helium One’s assets, which have demonstrated their potential to host large volumes of helium at exceptional grades.
The Havoc partners own approximately 15% of Helium One with Jonathan Taylor having a Board position as Non-Executive Director.