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SS stop typing, I'm all for a balanced view but you are embarrassing yourself to the point it's actually quite uncomfortable to read.
There's many strategies and games to play in the investing world, one of them is, if you've sold, just leave with a little dignity and class.
Very well ice. well I recommend the diary of a ceo by Steven bartlett. 33 laws an business an life.
So clearly you fail to recognise there will be no Helium produced until Q4 .
Well I have sold out with transparency and I'm not deramping .
Of course if this dropped below 15p I'm not saying I wouldn't jump in again but there nothing I'm saying which is negative, more open an realistic
I missed out "re rate" on my last blog an you change the dynamics of the conversation .
As your the defender of all things great at HeX Jung I apologise to try to debate with you.
If you think your superior or have more intellect than maybe you'd could show more class by just explaining your point.
Is Hex Aiming to produce in Q4 2025 ??
This is not a deramp it's a fact .
"if the spud goes well then your have a rate but its not a given ."
Clearly you have no clue.
good luck.
Clearly you have sold and are now deramping with a shed load of negativity. Always weird behaviour.
Each to their own.
no jung your wrong i was here at 11p an sold at 18p each to there own.
i believed the company played a master class at 10p to get eyes on to the company
we don't need to compare here to he1 cause i wouldn't go neat that company but i get its the only comparison you have.
i'm not attacking anybody yet i'm getting attacked which is why boards turn into a ****ging fest.
al i've really said is that hex are aiming to produce in q4 2025 an that's if all goes superb
i'm not so sure a scoping studying will make this so special its part of the process.
i'm also not so sure most realise hex aim to produce in q4 2025
if the spud goes well then your have a rate but its not a given .
Supersport, hex raised $7.5 million which is more than their initial aim of $5 million at ipo.
That money is sufficient for all their planned operations in h2 2023. Scoping study , drill one appraisal well and possibly a second, feasibility study on success and possibly acquire a second project .
If they wanted more cash they voukd have taken the $22 million offered to them at the ipo but instead scaled it back to $7.5 million.
Bo Sears is not a novice like Laura at he1.
Do some research and stop this pessimistic and negative attitude. Its just getting boring.
Imo you are new here and have no clue about this company but you pretend otherwise.
Good evening.
Ok jung that's a little more informative .
Zak mir let's get it right ,he's got it wrong more time"s than he's got it right that's a fact.
Am i wrong in saying Hex are aiming for 1st production in q4 2025 coz that's what I've read in there own notifications .
As for fully funded throughout the year?
Let be straight here, how many company's have said they are fully funded yet reach out for multiple placements,
Now I'm not against that but all too many have rose tinted glasses on here .
Surely you don't want a board that only talks of the great possibilities here.
It not so straight forward an many know it.
10p to here was a free ride for sure. From here on Now it's down to the performance of the BoD , the success, costs infrastructure , an timings .
Some new posters here this week, here are a few facts,
1. He1 market cap todsy £52 million, hex market cap £20 million .
2, He1 have to raise minimum $6 million for their q3 planned EWT whilst HEX are fully funded for all operators this year.
3, the 27p being quoted is a target the chartist zak mir said by end of Msy. As with all chart predictions may take longer than that. But imho will be a lot higher than that come spud in q3.
4, HEX project has 4 wells already drilled on site looking for Petroleum but all had gas ( nitrogen) which is a clear indication of a working helium system. The location , helium Fairway already has helium discoveries and production.
Just a few facts there for you.
Nah .According to them all is 100% certain .
They will discover commercial viable asset on the first drill no problems all champagne and roses .
I am buying lottery ticket tonight fully funded for the draw tomorrow will be millionaire. Hehehe.
Friday is around the corner waiting for that 27p
Sport...you are definitely mixing up HE1 with HEX 🙄 'Needing cash' and 'Q4 2025' ???
Kindly take a back seat in your pedal car until you can think straight ❗
Gulp !! Jhon Fury in the Hse .. Don't want no trouble
SS - can't even spell. What dross you post. Stick to racing bumper cars at the fair. Come back once you have done some research. Better still lets repost the dross end of June and compare notes then as HEX seem to deliver on what they set out to do....
Check Greg Peters - he may help cover us your lack of education. Till then enjoy the bumber cars and see you end of June ....oh and use a dick -tionary!
SS you've posted on wrong board you idiot. HE1s the one needing lots of cash. Good luck.
As said hoping for1st production in 2025 Q4 if No problems which is rare to say the least
Oak Securities Broker Note cont'd - 16 April 2024
>> Q3’24 Low Cost and Risk Multi-Target Exploration Well
Yesterday’s news announcing the appointment of Petroleum
Consultants LLC puts the Company on track to spud a low-cost
exploration well (~$2.5mm) in Q3’24. The well is targeting a
multi-stacked play concept with four separate prospective
horizons.
Helium has been proven regionally and in the vicinity of the
Asset, meaning that the Geological Chance of Success
(“COSG”) is higher than would otherwise be expected; the
Amsden formation alone is estimated to have a COSG of 42%.
>> Strong Management
The Management has extensive experience in the helium sector,
which, more importantly, crosses the technical and commercial
divide. We consider the team at Helix to be a feature that
differentiates it from its peers.
>> Positive Operating and Sales Environment
Montana is a mature oil and gas basin, making helium
exploration and development easier and lower cost than
would otherwise be expected.
Helium’s scarcity and the US’ position as a global swing producer
means that there is a perpetual excess of demand, generating
upward pressure on pricing.
While the helium market is opaque recent observations from the
USGS place helium conservatively at $420/mcf, but Open
Market and surge pricing continues to push prices towards
$1,000/mcf. Analysis shows that the helium price is the key
determinant of helium production economics.
>> Financing Sufficient for Three Wells and New Projects
The relative low cost of exploration wells, coupled with its recent
funding means that the Company is funded for potentially up
to three wells, which provides for either a follow up appraisal
programme, or accessing further projects.
Broker Note published last month for anyone new;
Oak Securities Note - 16 April 2024
Helix Exploration plc’s (“Helix’s†or the “Company’sâ€) helium prospect, Ingomar Dome (the “Assetâ€), is a low-cost entry 9.6 point for investors to gain exposure to a potentially high-impact exploration well. The unrisked valuation (131p) is 12.0x the current price, and the risked value (39p) is 3.6x, which means that the risk-reward balance favours investors.
Valuation
The high helium price and readily available infrastructure lowers the threshold for commerciality, making even small volumes commercial, which reads straight through to value. The Company’s risked valuation is $60mm (£48mm – 39p), while the unrisked valuation is $202mm (£160mm – 131p).
Helix if successful on 1st Spud with out any problems injurys or delays will be hoping to produce in q4 2025 .
Perfect world an all that , I like the team no question but any disparity on this board, an your attacked or ridiculed.
Try explaining your belief but don't dress it up as fact.
As for sticking to Sport ? I don't play Sport just race supercars .
Jungle don't make me a bad person explain please
Yep, he should stick to sport ❗
"Don't get caught holding the baby here , Hellium at best will not be viable until at least 2025 ."
You talking Gibberish there.
Shows you have no clue what you talking about.
I think were getting away with ourselves here .
The IPO was definitely cheap to get eyes on the company at 10p . Well done to those .
However I was saying probably a free ride to 20p but 17.5 was not that far off.
Don't get caught holding the baby here , Hellium at best will not be viable until at least 2025 .
Even a scoping study an drill nothing is a given , then there's the work no injuries or problems .
Lot of money will be needed that is for sure .
@Trek,..I have to say these posts are brilliant , really informative and I personally appreciate the effort you put in to present it so that we less experienced investors actually can grasp the nettle.
Thank you.