RNS10 Nov 2025 07:17
Excellent start to the week..
Nick Tulloch, Chief Executive Officer of Mendell Helium and Chairman of M3 Helium, said: "M3 Helium's Rost well continues to perform in line with expectations and we have now reached the culmination of the work and planning that has gone into the project with commercial production now underway. Rost is currently generating over US$1,600 of helium per day. This milestone achievement is nevertheless just the beginning as we expect the revenue capabilities of the well to increase in line with rising production and, importantly, on-site purification once the PSA is fully commissioned.
Admission to AIM
Progress continues to be made on the preparations for Mendell Helium's proposed Admission to AIM. Final drafts of all key reports, including the competent person's report, M3 Helium 2024 audit and US legal due diligence, have been received by the Company, and the focus is now on concluding the drafting and verification of the admission document.