Member Info for CaptainJack1

Good news imo. Whilst I wish David well, he was a bit of a loose cannon at times. Sounds like Keith has all the experience needed to take us to production and beyond. And he’s been with HEX since IPO so knows the company / team. I particularly like his comment: ‘The Company is currently in a very strong position; fully financed with supportive institutional investors, four production wells already drilled with a fifth on the way, and production plant construction commenced and going well.’

Question: Is America working towards domesticating its helium production?

Answer (Meta AI):

America is actively working to domesticate its helium production, driven by the need for a stable and reliable supply chain. Here are some key developments ¹ ² ³:

- *New Projects*: Honeywell and Blue Spruce are collaborating on the Dry Piney Helium & Carbon Sequestration Project in Wyoming, expected to produce over 800 million cubic feet of helium per year. This project will utilize Honeywell's carbon capture technology to increase domestic helium production.

- *Existing Players*: Helix Exploration is another key player in the US helium market, with a fully funded path to production in Montana. The company has a 100% drilling success rate and expects to start generating revenue by the end of summer 2025.

- *Government Initiatives*: The US government has taken steps to promote domestic helium production, including the sale of the Federal Helium Reserve to Messer in June 2024. This move aims to encourage private investment and responsible management of national helium resources.

- *Market Dynamics*: The helium market is experiencing temporary oversupply, but geopolitical tensions and supply security concerns favor North American production. Companies like Helix Exploration and North American Helium are well-positioned to capitalize on this trend.

Domestic helium production is crucial for various industries, including:

- *Semiconductor manufacturing*: Helium is used as a coolant in the production process.

- *Medical imaging*: Helium is used in MRI machines and other medical equipment.

- *Space exploration*: Helium is used as a propellant in rockets.

By increasing domestic helium production, the US aims to reduce its reliance on foreign suppliers and ensure a stable supply chain for these critical industries.

Ezhik, I thought so yesterday so added a decent amount at 24.6p, fingers crossed we’re both correct and now is the time to add ahead of the next couple of weeks. Loads of news to come, primed for a big bounce north imo! GLA. CJ

I’m sure the last RNS stated that work-over rig MOBILISATION would commence in early August. So likely the rig will be mobilised to the site sometime next week. Have I read this correctly? Has something changed? Seems like a lot of prep for the arrival of the rig. GLA. CJ

Great to see, ‘Flow testing in Aug could unlock next chapter’: likely next week to begin flow testing. Not long to wait, we’re nearly there! GLA. CJ

Morning NanoCapInvestor, thanks for your reply. The 50k seller does feel like a bit of a speed bump, and not for the first time (as DropD alluded to). I think I’m suffering from frustration and impatience in equal measure! And whilst, admittedly, I’m slightly cautious that Friday was a ‘false dawn’ given the drop in share price that preceded it last week, I am confident the push to 30p and beyond isn’t far away. I’m looking forward to the ‘pipeline of catalysts’ you mention: offtakes, flow test, plant construction, drilling, resource upgrades, production, cash generation, joint ventures, M&A: lots to look forward to and a hell of a lot to be excited about! GLA. CJ

Thanks for your reply, Lord - my point is, if the 50k seller is still active next week, unless we have another huge buy from one individual like we did yesterday to absorb the sells, what happens to the share price? I’m not sure if this is a valid concern…. I’m heavily invested here and haven't sold a share - I don’t plan on selling any for a long time - and have been adding during the last week or so. Just ready to leave the 20s behind but not sure if that’s a realistic goal quite yet, given the selling we saw last week. GLA. CJ

Morning everyone, just on the 50k seller. Although their sells were comfortably soaked up yesterday (great to see), surely this was only by one person’s massive £320k buy. Have I read this correctly? GLA. CJ

That’s what I’ve been doing for the last week, this has to be heading to 30p soon! Positive news today, another box ticked, now moving onto more in depth testing at Inez. And production is still on track, great to see. GLA. CJ.

Best to load up now while it’s quiet… GLA. CJ

Thanks for your posts, Tiburn. Out of interest, any idea how close to production off take agreements are usually announced? I’m assuming all would be accompanied with an RNS. Just thinking about timescales and when off takers could be factored into the SP. GLA. CJ.

🤣

Just a quick question: do we expect USA activities in Iran to affect our SP tomorrow / this week? Or does this depend on Iran’s response? GLA. CJ.

Trek, you are a genius! It works! ATB. CJ.

Things are moving so quickly! GLA. CJ.

I’m with you, Supersport. Great chance to top up imo! GLA. CJ.

😂

You hoping to add some more 3LB? I added my last lot at 15p. Hopefully that’s me done and it’s blue skies from here! ATB and GLA. CJ.

They don’t hang around at HEX! Things going smoothly, fingers crossed for excellent results soon. GLA. CJ.

I agree Supersport, anything under 20p is still a steal given what’s to come. Could be looking at 30p+ when production begins. Only a matter of weeks away, all going well. GLA. CJ.