The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Https://youtu.be/w7wsDxN8zQo
Sounds like a long way to go!
I have ordered Bo's book....anyone else read it?
Helox also have a scoping study to come and funds to fast track potential new acerage. Even excluding all that with the imminent drilling campaign this could be 30-50p pre spud. Any additional positive news and this moves above 50p and on commercial helium flows well over £1,00. They have the team to sell the helium in Greg Peters etc. We may see big players come with offtake deals and debt finance. For me the reason why I invested is the team/asset and the speed with which the project will be delivered! Ohhh also a very tightly held core of shares. GLA
Google meaning of appraisel to thats a start. Read the book after. Anyway they are drilling Q 3 fully funding and have other targets plus scoping study. Lets digest that for starters and see what the maincourse looks like....bedtime.
Do somen research....they know what the gas is. HE1 shows in mud correct. Helix has a proven gas systen onshore US. Check the team out and come back when you read up....
Plus they have more news lined up and after more acerage. Maybe read Bo's book up your knowledge to. Whats the saying knowledge is power!
If you read the deck there is proof of helium shows from a reading took at surface....gas at every level that flowed to surface. I asked about appraisel well to my broker. The gas is there its a proven field and they are assaying for Helium that was not tested for before. Whichever way you look it gives them a nuch better chance of success that almost every other heium play in my book....free flowing gas is critical to flowing helium?!
They also said they are looking at additional acerage hopefully they deliver something solid and with the teams knowledge I am sure they are a few steps ahead.....GLA
Nor me!!!
Also video today talks debt finance option....
Breath of fresh air being invested in a company that know what they are doing with a CEO who has walked the walk with 25 years proven track record!!!!
Some board to!!
GLA
I think these will be 50p fair value pre spud. Reading the Admin doc again they have scoping study, funded for 2 x appraisel wells and new acerage they may aquire....this is all value adding news for 15m market cap atm!!!!! Q3 is 8 weeks away. On a helium find pf above 0.4% and good flow rates this is a minimum 100 million company as its onshore US!!!
They turned away an oversuscribed IPO as it has been mentioned they could look at debt finance for the plant...seems so much going on here behind the scenes and not look till drill season!! Helix stands alone to any other helium play for me ....Georgina middle of nowhere and board have zero experience ...I know what I am buying before the heard arrive!!
Sounds like a busy/exciting period from May onwards as reading through the admission doc they have a scoping study due on Ingomar/potential new acerage and news going into spud (July) Q3....
Maybe few more short termers to get out before this re rates over the next 2 months or so.