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Morning guys, just wondering if you far more experienced lot can help a novice in this field. What kind of m cap would you expect a company with a commercial find to achieve? I appreciate there are a lot of variables to consider…….but a ball park figure. Thanks
I think this will temporarily go back down to 12-13p before it goes up to 20p. People will take their 20 odd per cent on opening tomorrow morning before getting back in on the dip. aimo of course.
Hahahah you wish, as said this should of IPO at 20p over Subscribed x 3 we have a complete free run to 20p then let's see how the marker reacts ...
No shares available that's why this will over gast
So many wish to either top up or join party
Simon, I disagree.
These traders who wanted their 20 to 40% profit exited on Friday as that's typical of a Friday especially going into a long weekend. Been watching the trades from lunch time to end of day.
Imo will see 20p+ this coming week.
Simon note this is your 1st post here , welcome your assuming every one has made 20% where in fact most have bought close to 15p as peeps are starting realise the potential of this new company ..
Snooze an your be losing out ...
Win, as there are few listed helium companies on the market is hard to compare. But have a look at helix April presentation which you can download from their website. On page 12 is a peer analysis which compares helix to 5 other public and private helium companies.
That should gove you a good guide.
Eg, New era helium have a market cap of over £130 million and their production annually is about 32 Mmcf.
Helix initial production target is 55Mmcf per annum.
And there is North American Helium which is a private company in Canada that produces 155 Mmcf per annum.
They have a valuation of $1 billion ( £800 million)
Jungmana. That ties in exactly to my calculation of £2.25 a share last week on a P/E of 10
Paul very correct there with your numbers. Bo wants to rapidly grow helix and part of the £7.5million raised will be used to acquire additional new projects that can be developed quickly .
Will be fantastic if helix can produce say 100 Mmcf per annum by mid 2026.
I intend to ride with them on this journey.
Trek said this 3 days ago:
“ They don’t need to build a plant to sell helium. They will likely use a modular plant in parallel to capture and sell molecules.”
If possible, and I am sure Bo is well ahead of us, then the return from production could be quite quick
Simon,
You missed the train again .. mind the gap next time.
Not missed anything IMHO M Cap way below its peers.
He1 MCap 4 x helix go figure
Simon 11:50….
“ I think this will temporarily go back down to 12-13p before it goes up to 20p. People will take their 20 odd per cent on opening tomorrow morning before getting back in on the dip. aimo of course.‘
Be interested what stimulated that thought process other than hoping to get in cheaper.
My thoughts are that the 2nd and 3rd of May were actually the two highest volumes days since listing. Here’s the source.
https://www.londonstockexchange.com/stock/HEX/helix-exploration-plc/trade-recap
If you download the data from the London Stock exchange you can actually see that a lot of trades were at the higher price. So imo those would be unlikely to take profits.
That leaves the earlier trades, they were all ‘O’ type trades. I would assume these are the Hereford concert party shares that have been put aside to fund the market following the tight IPO.
I base that judgement on page 38 of the listing document which you can read here.
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
I posted before about the one hour late prints. It is likely that the SP did not move up earlier because of a pool of stock that had to be cleared.
Another valuation point is based on peer analysis shown of page 13 of the prospectus that you can see here
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Exploration-March-24-Final.pdf
It is my opinion that HEX is still significantly undervalued.
Whilst there are as yet no broker notes, not that I rate them, the peer analysis and HE1 comparison is about as good a benchmark as one can use at this stage. One then has to factor in the finance, 7.5m, tick.
The quality of the bod; Bo and battle scared Minchin are a formidable duo imo.
Then you have the political location USA and Montana which is regulatory friendly.
That’s before you even look at the geo which is a proven Helium faraway. Check out the Ryder Scott competent persons report. They come out with BS and they get sued in the USA big time!
But it’s the finance that’s key. Without that cash you have no right to expect SP growth.
So my little brain has assimilated this data and whilst accepting some trading bumpiness I do not think it will be a big profit taking day tomorrow.
Remember go short on finance and long on ops. I expect 30-40p range before spud and that’s being conservative. Based on interviews I expect a deal before then to support the expo as well. That could be a massive left field sp driver.
Oh I took a huge amount of profit on 2 from 3 visits to HE1. I only lost a small amount on one trade. The first paid for one of the kids house deposits to the tune of 50%. The second went to my income pot as I manage our pensions.
Think i’ll follow my own advice.
Thanks.
Usual caveats
Trek
No way this is going anywhere but north next week. This has moved a lot earlier and quicker than many of us expected. Some of us, like myself, were still positioning into the stock and then whoosh! So I found myself adding all the way to the 16s. To be honest, I will be delighted if it dips, because I will gobble up what I can if it does. ~ 10 weeks to drill and making moves of 5p in less than a week, you can see that this one has a lot of mileage ahead of it in that time. Fasten those seatbelts!