Member Info for DropD

Asimplenvestor - Helium industry reporting tells us demand is increasing, supply is constrained. Rudyard is one of very few new discoveries - a new and very large resource. It is in a secure jurisdiction. Bo Sears has been a well regarded and undisputed industry leader for many years. For sure he knows everyone of note who either produces or uses helium, esp. In the US.

Your elephant is imaginary. I expect initial production will be sold in the spot market and am 100% confident that as soon as regular production is established there will be a queue as long as your arm for offtske agreements. Bo will be able to pick and choose and will have strong leverage in negotiations.

Thanks Tiburn. Only things I'd say in response are (i) why 'assume' 33% achieved? No known reason at present why it shouldn't be fully achieved! And (ii) with 20 wells in production huge amounts of cash will be generated, ready to be passed back to investors as dividends (back of an envelope - £3m pa cash per well x 20 wells ~ 30p per share!) Just some positive thinking for the weekend! GLA

Interesting digging. Thanks Kaeren

There have been several posts recently about global helium shortages / production constraints etc. So my bet is Bo will be able to negotiate a price well in excess of the $500/mcf used for modelling to date. I'm using $700 but that too could be very conservative given so many other positive factors in HEX's favour e.g. quality of management (including standing and contacts in the industry), security of supply, long term potential etc etc.. Gives a pre-tax annual cash flow per well of $5.6m = £4.144m. Using a very conservative p/e of 5 and just for the first 4 wells (which I'm confident will be at target production rates by year-end if not before) and 186m shares, gives sp around 45p. If we're at that level by Xmas I'll be happy = 66% up from now. BUT at that point production will be generating about $1.4m free cash flow per month, to be invested straight back into developing next wells. So I can see ramp-up of wells being very quick through 2026, which I believe is Bo's aim and expectation too. In my conservative model each new well could add 11p to the sp. I'm a long term investor in HEX and am very excited at the prospect of this unfolding something along these lines over the next 12-18 months. GLA

In case anyone missed Friday's tweet. It's coming..:

#HEX | Helix's helium gas gathering system is now 100% complete at the Rudyard field.

The gathering system will connect 4 x well heads into the processing plant.

#Helium-rich wells ready to supply the onshore US market. 🇺🇸

HEX closed at $0.40 in US yesterday, up 8%. 30p equivalent.

Getting close to the business end of things. Production looming and should be info re offtake agreements soon. Will be a highly significant step change for HEX and I'm expecting it to be accompanied by sp re-rate.

No reason why they can't be progressing well #5 in parallel with further workover at Inez and getting the production facility up and running. I believe Bo likes to keep busy ... Should also be progressing with resource upgrade.

Very exciting times if you're a genuine long term investor. GLA.

Llol - I disagree. In Montana there are significant tax advantages for the first year of each well's production. So whilst a soft start on each is to be expected, to ensure everything working as it should, I expect each to be cranked up to target production as quickly as possible - maximise income in minimum tax period in order to progress more wells.

Re the youtube interview with Feneck. In my view extremely encouraging that of all the hundreds of companies he's involved with, looking at, talking to, investing in, recommending to his followers, he chose to mention lil' ol' Helix Exploration.

You Tube video

Commodity Culture interview with John Feneck - now a HEX shareholder?

26:30

Montana becoming good jurisdiction

Meeeting with HEX n mentioned.production in a MONTH.

Forecast Production & FCF figures match up.

https://www.youtube.com/watch?v=eSY1nTrlmOs

Yes, thanks Ghost for sharing the link. The whole thing is very interesting, really good interviewer and interviewee. Excellent for HEX to get such a positive mention.

Thanks Kaeren - and not just 'helium in the southern dome'. But commercial helium. Which means we now know for sure that the southern dome is "open for business', with all that that brings to the party.

Can anyone share some of the hannam report please ... or at least a link to it. Thanks

Bo in today's proactive interview: 'Offtake discussions going smoothly - stay tuned'

Ezhik - wrong. No-one has known until now if the southern dome would be commercial. Fantastic news that testing Inez #1 has demonstrated that it is. This now opens the doors for a significant resource upgrade and offers a major positive step change in the likelihood of the touted Rudyard-wide 20 wells production plan. None of this was known before today's RNS.

By confirming commerciality in southern dome this also opens the door for a significant resource upgrade.

Sorry to have prompted all this distracting traffic. My post was meant to be a report to admin, not to this page - I pressed the wrong button! (FYI I do have the jerk on filter but occasionally take it off to see what he's up to, and my irritation just overflowed when I saw he's still producing the same guff as he always has, which notably is only when sp is slipping a little.

Shall we try and get back to talking about HEX - with a fair wind the next few weeks could be news-filled and very exciting for the company and investors. GLA LTHs

Is tomorrow D-day ... or should say He-day?

Determined seller - I don't get it ..

Ezhik - you misunderstood. Read what Kaeren took straight from the rns.

Bo will certainly NOT have brought a Chairman in who is going to stall the sp. He has a very large pesonal holding and will want to.maximise its value.

Any thoughts on why Kaeren?