Blue Star Helium (AU:BNL) has released an update.
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Blue Star Helium has postponed the start of its development drilling at the Galactica project in Colorado to mid-January 2025 due to weather-related ground conditions. Despite this delay, the company maintains that the overall project timeline and the target for production commencement in the first half of 2025 remain unchanged. Blue Star is also progressing with engineering work on CO2 removal and has chosen a preferred power generation solution for the project.
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