Member Info for ihavenoclue

No results from Rudyard this month then. 10 days testing and then 10 days results.

From Mozza on Telegram chat

"I've contacted the firm directly and they've confirmed that they needed extra equipment to get the tubing and bridge plug out of Weil 1 and delivery of those specific parts was delayed.

Consequently, they've decided to do Linda-1 first so that they're not paying crews to effectively sit around and do nothing.

So we'll do Linda first then Weil."

LW ... 10 days after testing. So could be 10 days from yesterday seen as rig is already over Linda #1

Results due 10 days after test so if they finished yesterday we could have Weil results by the end of next week.

We know what they will be but if it can help increase the resource that will be the biggie IMHO

Deep ... maybe .. they stated rig mobilisation by the end of the week and then 10 days for testing ... not sure if they have done Weil #1 or decided to change to Linda #1 ? Seems pretty quick to test a well when they stated 10 days

Helix Exploration

@HelixExp

·

5m

#HEX Workover rig onsite at Linda #1, Rudyard Field, Montana 🇺🇸

Mast up and ready for imminent flow testing of #Helium bearing horizons at the Linda #1 well - a key step toward first helium production at Rudyard.

#MontanaHeliumFairway

===============

Strange that they state Linda #1 when RNS stated Weil #1 first ...

" Testing will commence with perforation at Weil #1 well testing combined flow from helium bearing Souris and Red River formation

· Work-over rig will then move to Linda #1 well to test helium bearing horizons

· Testing is expected to take approximately ten days on each well with results to be announced from each well separately once helium assays have been received"

Tommy Tit .... new post ? Can you not read dates ? It is dated the 8th May ... it's one day older than your LSE account.

"I have never read or heard that there is any dependency on five wells being operational to prove concept."

My use of the term "proof of concept" was that Linda #1 is going to be one of the wells where they can drill and attach ready for production happy that He% will be 1.1 - 1.3%. That's as far as it went and it was a way of explaining that Linda #1 is not going to be "huge", "stunning" etc etc but will go towards the well structure of $4m per year.

I have also seen others say 6 wells by end of next year. The plan is 3 wells producing this summer, 2 more wells drilled Oct - Nov and added to production. Rolling out something similair next year will be 8 - 10 wells by end of 2026.

The market still seems to be completely ignoring Rudyard, which is strange but also an opportunity to add as the SP is lower than it would be if any of the news had increased the SP.

The market may be able to ignore plans and drilling but it won't ignore revenue so patience is required. There should also be an Investors meeting soon but obviously Bo has been very busy on site.

"There you go IHNC. Told you an opinion is not allowed and whatever I say is wrong"

Ezhik .. did I miss something ? There are a few green boxes around.

"Maybe next week for first test results--possibly late this week if they have made good progress."

Ezhik .. it's 10 days for each well. Last Wednesday they said mobilisation of rig to start that week so say 9th May. Testing complete on Weil #1 around 19th May and then samples need to go to lab and results will be released when they have those results so Weil #1 results right at the end of May and Linda #1 middle of June (allowing a few days for team to have Memorial day weekend).

Tommy Tit ...membership 3 days .... acts on his own BS.

Me ....membership about 16 years ....large holding in HEX with 19.5p average. Shares sold only for ISA ...otherwise not sold a share. Seen things get pushed by board and I am more realistic because of it. Plan to perhaps slice this year then look at position late 2026.

"Agreed + it should also give them enough extra data to allow for a new resource report of the north dome. That should help the share price."

If they can multiply asset by 10 that SHOULD be a good boost but every bit of Rudyard news has been ignored thus far.

I think Linda #1 will be proof of concept that HEX can continue to drill wells into the different formations at Rudyard going forward.

They plan to have up to 20 wells at Rudyard producing at around 1.1% He so Linda #1 will be another step towards that.

Now I am a subtle deramper ? I wish these fly by nights would make their minds up ... a few months ago I was a mass ramper.

Tommy Tanker ... member since the 9th May .... 2 days !! These idiots pop up under new names thinking people won't notice.

I have a lot inversted in HEX but a spade is a spade ... the area they are drilling into is a known ... so all these few day plebs that turn up saying Linda 1 is going to be "HUGE" etc is just a pathetic waste of air IMHO

Tommy, you are ramping what is pretty much a known entity. If you want to ramp then go elsewhere.

Linda #1 is the third step towards production this summer. It will also help with the field calcs which we already know could be 3B+.

3LB ...just interested in seeing this get to production. Reviewing every trade is enough to make you go mad.

"You’re probably right but with the encouraging oil shows (albeit preliminary) they must be tempted to perforate that zone whilst the rig and detonator kit are there."

The original report in 1977 found oil there but found it to be non-commercial. Best to ignore it IMHO

Kevin ... it wasn't land locked ... the well was on their claim.

"Renergen is a good comparison but also important to note they have had other signifiant issues this year - not about the helium"

Err ... I hope not https://www.news24.com/fin24/companies/renergens-loss-doubles-after-heavy-blow-from-helium-delay-20250430

"I can’t buy online at the moment."

Wife put on a block on the credit card ? ;)