RE: Share Price Positives9 Nov 2025 17:12
Not sure where you've got the cost of a well to be £4m Kev?
From RNS 12 March:
Linda #1 will be drilled in Section 34, approximately one mile south of the Company's successful Darwin #1 well, which is awaiting the construction of Helix's helium processing plant. The well is designed as Helix's second production well targeting the same Red River and Souris formations that successfully flowed helium from Darwin #1. The well, which will cost circa $1.3m million to drill and complete, is expected to generate circa $4 million per year in pre-tax cash flow1 and is part of Helix's phased development strategy to bring multiple wells into production at Rudyard, underpinning its long-term cash flow potential.