Helix Exploration Share Chat (HEX)

Rig over there are not in such high a demand nowadays due to Biden curtailing the oil explorations industry therefore in Bo’s favour thankfully.

At that time no testing for helium was carried out but now we know strong helium is present and also very high hydrogen concentrations.

So we know Ingomar has flowed at 8.5m cubic feet per day previously they just needed to see if it actually contained Helium.

It does. And more.

Very exciting 2 to 3 months now leading up to XMas and beyond. So much news to look forward to, now we know we have very positive he and h shows within an already producing fairway. I'm so hoping too that Bo decides to go after the Precambrian fractured basement play which, imo, will be the icing on the cake, and could transform this investment from excellent into a real blockbuster. We'll know very soon now. GL.

Nice to see some informative and useful posts and not the tirade of rubbish from DB. I note he has disappeared, banned or just deleted his account and moved on as things did not ramp his way?

Note ingomar dome previously tested 8.5mcf raw gas per day

NewboF, so the plan was to send the rig off once drilled to TD. The next task was supposed to be to drop the wire line logger down and gather the data, but they couldn't do that after the cave in happened.

Is Bo drilling something else or are some others using the rig ?

@2:39

https://www.youtube.com/watch?v=D5LD37N63tY&list=PLnk_WM-WosgX6M4OlFvjFrEXcgPusbPvW

Fair enough Prospector, adjust to suit.

I was just going on the RNS of June 20th, which said it would follow on from Ingomar

Perhaps deals may be done?

do you have a link to that interview at all, thanks

Yes prospector you are correct.

That pricked my ears slightly when I heard it as not sure how you can square ‘back to back’ drilling with ‘actually, two jobs in between’ but I guess things change.

I’m hoping that Bo uses this mishap to extend the drill - that would make this episode a blessing in disguise I think.

Tiburn, your summary is not quite correct. Bo said in an recent interview the first rig used at Ingomar would be doing 2 jobs elsewhere before returning to Rudyard. So, probably in 6 - 8 weeks from now .

Great summary Tiburn...... plenty upside just ahead.

A lot going on in the background, estimated timeline, adjust to suit your view:

1 - Rudyard rig up - at anytime - it was scheduled to be back to back Ingomar drill - June RNS: "rig and services will move to Rudyard immediately after completion of drilling at Ingomar Dome in Q3 2024"

2 - Sourced new rig for Ingomar - expect before end Sept

3 - Rig up Ingomar - early Oct

4- If Rudyard rig up by Sept 30 - c 2 weeks for drill , gas shows on the way confirmed - Mid-late Oct complete drilling

5 - Ingomar casing completion and deeper Cambrian strata drilling potential - confirmation of reservoir depth in gas - updated HE and Hydrogen shows - wireline testing - mid-late Oct

6 - Rudyard wireline testing - Late Oct

7 - Appraisal of Rudyard via extended flow testing - completion mid-late Nov

8 - Appraisal of Ingomar via extended flow testing - completion mid-late Nov

News flow on logistics could commence at any time, with constant RNS and interviews from now for next two months expected.

In this period we may understand:

- commercial discovery at Ingomar for HE and Hydrogen, scale of resource, flow rate %

- Rudyard appraisal, confirmed flow rate as already a discovery

- route to market plans

- other projects, partnering, non dilutive financing

Expect the mcap to react to the weight of evidence presented on route - may trigger substantial positioning before the confirmed discovery scale - once this is confirmed, as reasonably expected based on evidence to date , with just 124m shares in issue .....

This is the start.

Just have to be patient.

But TL2482...

if you wait for an operational certainty, you'll be paying several multiples of current SP.

Do you back a favourite and just about double your money or do you go for a 100/1 outsider with the chance of making life-changing money. Fortune favors the brave!

If you know they were buys DB then they were used by you and your associates to stimulate the market which was subsequently sold into to facilitate further offload

Id say they were buys personally.... if those big numbers were sells we wouldn't have jumped 16% Friday..... looking forward to RNS in next day or two from Bo saying new rig is on way.

TL we have no way of knowing whether they are buys or sells. All we know is the number of shares traded, the time and date and the price. Most people are wary of the buy/sell indication on all trades shown. I have had my own buys show as sells and vice versa over the years.

Late trades from Friday. 16% up and a day of consolidation holding well bar 1.26%.

Expecting the same drama queen cries and games no matter what the sp reaches.

Fleece…. Please.

Its putting me off this share big time until the company actually has an operational certainty or even until they show what they have. Until then we are at the mercy of big seed investors playing games with the price to fleece PI's

“Buys” 🤣

Https://www.reuters.com/business/energy/helium-demand-double-by-2035-tracking-chip-production-boom-report-says-2024-09-09/?taid=66df148d0999c100010849ae&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

New ***

There are many stocks months and years behind Hex who is in mid operations with strong strong helium and hydrogen shows and fully funded and solid forward plan and you have bucketboyearl suggesting people should sell for lesser opportunities elsewhere just so he can buy your stock cheaper.

Hex knew to Aim and already years ahead of peers operating in helium rich producing province. All funded No debt. CEO aligned with investors who has investor returns highly prioritised and protected from dilution. Lots of fire power in bank and well connected and respected CEO at the helm.

Earlofshame….yeh you should sell

Hmmm 😂