RE: This is the consolidation needed - good RNS = ROCKET to 4p31 Jan 2024 12:29
Investors that have completed their DD on HE1 will know the following but for those that are unaware here are a few facts: 1. Helium is priced at up to 50 times the price of LNG in liquid form. 2. It is essential to hi-tech products such as computer and smartphone components, MRI systems, medical treatments, superconducting magnets, fibre optic cables, microscopes, particle accelerators and space rocket launches – NASA is a major consumer. 3. Rising demand and constrained supply are fuelling growth prospects within the global marketplace, particularly for cleaner “green helium” sourced from noncarbon environments. 4. At present, more than 95% of the world’s helium is produced as a by-product of the processing of hydrocarbon-bearing gas. 5. HE1's CEO's options are priced at 6.25p. 6. The current annual global demand for helium is 6.6 Bcf in a US$7 billion market. 7. Helium prices continue to rise due to the current shortage and with a global average import price of US$457 per thousand cubic feet (2023 prices and higher now). 8. Air Products and Chemicals Inc (NYSE:APD)is one of the largest helium producing companies and has a current market cap of $64 billion. 9. Exxon Mobil is responsible for providing 20% share in global helium production. 10. Helium players such as Exxon, APD, Linde will know all about HE1's success at Itumbula. A JV with a global player would see the HE1 share price sky rocket. Food for thought and why this HE1 shareholder is holding out for a big announcement.