RE: My take is...1 Jun 2021 12:40
blubaby, Bigbench is just saying that it may be possible, its not based on data, its just based on what 'could be'. Equally, it could still be at 20p.
If they manage to break ground in the next 7 days and, start circulating mud down the drill pipe, HE1 will report that they have trace of Helium being returned to the mud room, shaker house, whatever you wish to call it, everyone will wet their pants and the Sp will go up. If they then report more Helium a couple of days later, then it will confirm the need to wet one's pants and the Sp will go up. An interim quick update from Davy boy to tell the world that they have arrived at the conclusion that the well is a 'discovery' the SP will go up. Folk will start to realise that this is the real cahoonas of the Helium world and FOMO will drive the price up. Possibly, with all factors considered, the SP could reach £1. Any delay in breaking ground and no comment vis a vis Helium rising to surface after reaching the bottom of the planned hole then SP will drop like the proverbial until the next well and second bite of the Cherry. personally, I don't believe £1 to be likely for some time yet, but you never know anything is possible if you imagine it to be so.