Now An Official Producer5 Mar 2026 12:30
So HE1 is no longer just an explorer and is officially a producer of helium, a material in short global supply and currently experiencing a rerate in its value.
In addition revenue albeit shared is expected to cover expenses in Africa until a farm out is completed which will basically promote HE1 to the grown ups table of producers.
According to my calcs MCap should be £100M, so I assume MMs are shaking to make room for IIs in the transition. Can't be held for long. Personally am looking for a lower entry, though the MMs won't like that!