Helium One Global Limited (AIM:HE1) delivered an investor update highlighting continued company performance momentum and a clear growth strategy across its Tanzania and US portfolios, positioning the group to transition from exploration to first production and revenue generation. During the AGM all resolutions were passed, including auditor reappointment, director re elections and authority to allot equity, supporting future funding flexibility. Management emphasized material progress over the past 24 months after securing the first helium mining licence in Tanzania for the Southern Rukwa project, advancing an extended well test, submitting a feasibility study, negotiating a 17 percent government carry and commencing ESP operations designed to lift flow rates, improve recoveries, upgrade contingent resources into bookable helium reserves and unlock project financing. The licence covers 480 square kilometres, the largest ever granted in Tanzania, and is supported by community engagement and a regulatory framework agreement expected to be formally executed. In parallel the company acquired 50 percent of the Galactica Pegasus project in Colorado where six successful development wells have been drilled with helium concentrations up to 3 percent and material CO2 volumes, creating a combined revenue opportunity. Three wells are being tied in now, plant infrastructure and gathering lines are complete, and first gas and EBITDA generating cash flow are expected imminently with further development into Pegasus planned for next year. Management referenced strong demand fundamentals across fibre optics, semiconductors, aerospace and food and beverage for both helium and CO2. Financial results showed a five million dollar loss reflecting development expenditure, but recent capital raises enabled asset acquisition and drilling activity, while management converted elements of capex into leases to preserve liquidity ahead of revenue. With an expanding order book of development milestones, dual jurisdiction production exposure and a clear margin uplift path, Helium One aims to deliver sustained shareholder value through disciplined execution and monetization of strategic helium reserves.