RE: HELIX production update25 Jan 2025 16:11
This is simply my opinion however, how do it get to this?! Just look at the US gas majors they are tight and many new entrants are teken out....helix will soon produce and become a disruptor to the majors!! From the research I have done it is clear that Helix will have eyes in it if not now they very soon and tbh I would not be surprised if the eagles are circling now...Bo knows the industry inside out and is well connected - board member Greg Peters also just look into him!!! IF we get taken out then minimum 5 x revenue is my view so lets assume we hit 12m revenue from 3 production wells year 1 but the field could have easily 6 wells at Rudyard alone then that equates to $60m low end and $120m higher end to start....first bids at 40/50p?!