Member Info for ART123

Answer from Google AI:

No, helium is not currently on the U.S. Critical Minerals List. It was removed by the U.S. Geological Survey (USGS) in 2022, and remains excluded despite ongoing industry lobbying to have it reinstated.

Key Details

Current Status: Excluded from the official 2022 list and subsequent reviews, as the U.S. has historically been a net exporter of helium.

Industry Pushback: Major U.S. helium companies and advocacy groups continue to push for its reinstatement. They argue its exclusion overlooks its critical role in advanced manufacturing (semiconductors), quantum computing, aerospace, and medical technology.

Other Jurisdictions: While absent from the U.S. list, helium is officially recognized as a critical raw material in other regions, including the European Union and Canada.

You can track future updates or view the official list of 50 designated critical minerals on the USGS Critical Minerals List page.

"The Company has received notice by the lender pursuant to the debt facility announced on 14 November 2026 to convert an amount of £137,700 through the issue of 5,100,000 new ordinary shares ("Conversion Shares"). For the purposes of the conversion, the reference price was varied from 8 pence and adjusted to 2.7 pence (being the most recent placing price) as agreed in the terms of the debt facility should the Company complete a placing during the term of the loan.

Also, the Company shall issue 960,000 new ordinary shares to a service provider at an issue price of 7.5 pence and 213,333 new ordinary shares to a service provider at an issue price of 3.75 pence."

Well at least some of the shares have been issued at 7.5p which should set the benchmark for further issues.

It's a pity that Hamilton didn't discuss the matter further with the Institutional Investor as 8p would have been a much better conversion price and I am sure that the Investor would have been happy with that.

For all of the Helium play investors I see that another Helium explorer has recently IPO'd on the AIM market. RIFT Helium has listed with a m/cap of £13.4M having raised £8.1M and with 134 million shares in issue.

They are operating in Tanzania, alongside HE1 and Noble Helium (ASX listed). Rift offers investors direct exposure to primary helium exploration in the Rukwa Basin, where adjacent discoveries and drilling activity have helped validate a working helium system and materially reduce basin risk. They have an independent CPR prepared by NSAI which indicates significant prospective helium resource potential, including a gross, unrisked P50 estimate of approximately 19 Bcf helium and a mean estimate of approximately 41 Bcf helium. Rift is targeting EIA approval, 3D seismic-led prospect definition in summer 2026, supporting well targeting and drill programme works planned to commence in H1 2027, providing a clear pathway to further technical de-risking.

Importantly the Company also notes the recent announcement by Hon. Anthony Mavunde, Tanzania's Minister for Minerals, in Parliament that helium is to be included on Tanzania's new Critical and Strategic Minerals list, which is expected to be officially published shortly.

My thoughts are wouldn't it be great if the US and AUS added Helium to their Critical and Strategic Minerals List - bearing in mind what has happened to the valuations of Rare Earth and Tungsten explorers where their company valuations have shot up by as much as 10 times when added to the US C&SM List. That would be stratospheric for all of the Helium plays including GEX.

Everything was going brilliantly here with totally unexpected huge updates until the bloody placing comes out at 0.0825p. That was a ridiculous price and barely above the hugely dilutive placing of last September and stupidly below the price of the warrants attached to that placing at 0.10p. If it had been set at about 0.12p it would have been much better. I think that the management should have known better and had a bit more confidence in their work and progress to at least have set the placing at a sensible price. And while they announced that "the Placing Price represents a discount of approximately 23% to the Closing Price of 0.1075p on 29 April 2026, being the latest practicable Business Day prior to the publication of this Announcement" the share price had been as high as 0.17p only a few days earlier, making the discount to the most recent high over 50%.

It is because the MM's set the spread between them and it is the spread which dictates whether a trade shows as a red sell or a blue buy.

Half of the buys are showing as sells. If it makes the MM's feel better then good for them. Otherwise it is pretty obvious to everyone else that most of the red trades are buys.

I was certainly expecting more of a rise in the first hour. Why sell at 6p when you might get 60p in a few months time. Maybe it is some of the shares left over from the placing a few weeks ago that are still being churned,

I appreciate that the management here are pretty bloody awful but there isn't much that even they can go wrong over here for the next few months. The ridiculously dilutive acquisition has been terminated for good and as long as they now just get on with the Hussar drill it all should be quite straightforward. It is just a case of getting the boots on the ground at the drill site and then when the preparations are complete they can mobilise the rig and get the drilling started.

It looks like it's going back up now with 6.65p being paid.

ATB

Closed exactly 100% up. How nice and tidy.

Even the LTH's from July 2024 will be back in profit soon. Personally I have averaged down a lot including a big extra lump this morning on opening (thanks to IG as no one else would give me a quite) and I can see a lot more upside to come here over the forthcoming weeks.

This is more on the scale of HE1's drills in Tanzania, though a lot more certain and in a better environment all round, where the prospect is running into much bigger quantities of Helium than in the US. This is 155 Bcf's whereas the US prospects are much lower numbers. HE1's m/cap easily exceeded £100M pre the first drill so it is just a question of whether this will do the same. £100M m/cap here is 60p.

I see that the Broker Note figures are based on a Helium price of US$350/mcf while current spot prices are I believe more in the US$700/US$900/US$1100 range.

And according to Helix Exploration, who have signed their first Helium Sales Agreement as announced today, the ​"Pricing reflects current prevailing spot market rates and significantly exceeds the Company's pre-IPO model assumptions" - which means that you could quite easily multiply these Broker estimates, based on a $300/mcf, by several times!!!

All of the work is going on on-site from now on so they should be getting up and running very soon (if not already - though I think that work probably hasn't started until the rig contract was signed and finalized). The ground work should take a month or so, during which the share price and m/cap should continue to climb and then the rig will be mobilised to site which is when the real share price rise will happen.

The Interim Results were released on time on 27th October 2025 so there is no ongoing issue with the results.

Sorry - the ask is jumping up at 0.05p at a time......................

Looks like they might have flushed out a few sellers at 4.15p but I don't think they'll hold up the rise by much. The buy/sell figures have been pretty accurate so far today with a clear gap between them so over 20 million buys so far is very strong.

No sellers and the ask is jumping up by 5p at a time. Few buys and then it's up again.

# of Trades 479

Vol Sold 2,256,301

Vol Bought 20,553,555

From this website:

# of Trades 444

Vol Sold 2,231,301

Vol Bought 19,454,855

Plus, as I've posted several times before, subject to a positive result on this first drill Hussar is not going to be a one-trick pony. Look at Pulsar - they have drilled 7 or 8 wells into their Jetstream Helium prospect and Mendell Helium are also planning multiple wells in their Helium producing field.

Lets hope we get regular updates regarding the well preparation and that the share price rises to multiples of it's current level which it should with a gigantic prospect, no funding required and particularly with that stupidly dilutive acquisition kicked firmly into touch.

Also HE1 which hit a whopping £144M peak before their spud back in 2021 with a m/cap over £100M for a long period. They also had the big Bcf numbers of Helium - compared to say QHE which only has a prospective resource of 1 Bcf of Helium. This is a big drill/re-entry. Truly groundbreaking.