The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Have moved most of my funds from he1 into hex (HELIX) for a number of reasons;
1 Top class BOD, far better and proven management. Bo Sears the CEO is a top class helium expert who has discovered and developed helium production in Canada. .
2, similar prospect but far better jurisdiction
3 market cap is a fifth of he1
4 just 120 million shares in issue with BOD holding about 12%
5 fully funded for next 9 months covering scoping study this quarter, appraisal well next quarter and options for a second appraisal well and commence plans for production plant.
6 A lot cheaper to drill in Montana ( $2.5 million) compared to Tanzania. Also at the heart of the key global helium market .
Those are my key reasons.
All imho
Have moved most of my funds from he1 into hex for a number of reasons;
1 Top class BOD, far better and proven management. Bo Sears the CEO is a top class helium expert who has discovered and developed helium production in Canada. .
2, similar prospect but far better jurisdiction
3 market cap is a fifth of he1
4 just 120 million shares in issue with BOD holding about 12%
5 fully funded for next 9 months covering scoping study this quarter, appraisal well next quarter and options for a second appraisal well and commence plans for production plant.
6 A lot cheaper to drill in Montana ( $2.5 million) compared to Tanzania. Also at the heart of the key global helium market .
Those are my key reasons.
Speak to ii if you can. Will speed up things. Takes time for some platforms to add newly listed companies for trading.
Is now available on a few platforms including IG .
Https://news.sky.com/story/ian-king-business-podcast-helium-and-ultimate-products-13111660
Https://news.sky.com/story/ian-king-business-podcast-helium-and-ultimate-products-13111660
For those on twitter, here is the Company's twitter feed .
Follow it
https://x.com/HelixExp?t=55-CSR9CbQb7vs13Q39nXw&s=09
They were offered 22 million pounds in the ipo raise but only took 7.5 million pounds . They don't want to dilute too much.
The appraisal well to be drilled in q3 will cost $2.5 million which is fsr cheaper in Montana co.pared to many parts of the world.
Fully funded for all works for 2024 .
Ice, yes I saw Bo on sky. This guy is the real deal when it comes to helium. The entire 5 man BOD here are proven helium explorers to production.
Also good to see Bo and DM together own about 12% of the companys shares
Always happens with a new listing. Takes a day or even up to 3 days for some platforms to deal .
I can assure you that is now on IG. I bought 100k shares after 4pm on IG.
Lots of coverage in the media today. . Good mention in the evening standard and on stkytv business.
Similar potential to he1 and market cap is just a fifth of he1.
Here is another interview done today with proactive;
Https://youtu.be/3bITF1PKQjo?si=EzspXAgu7d5ZQIJ3
For anyone interested in HEX, a newly listed heliumco.pany ,worth reading on the cv of the 5 executive members of helix, the assets in Montana and here is an interview done today;
Https://youtu.be/WPBVtIHacJM?si=l-76HRu6_cqCeNJQ
DM is a superb ceo and has assembled a proven helium exploration and development executive at helix.
The company has excellent assets in Montana and will be doing an appraisal drill in Q3.
Found out this afternoon that the selling there is from some of the 17 million shares issued at 5p.
All the 5.5 million at 1p are locked in.
Anyway took a few ( just 100k shares this afternoon) and will add more later in the week.
Market cap of GBP 12 million with such huge helium acreages in safe jurisdiction and GBP 7 million of cash is a no brainer.
All imo.
For anyone interested in HEX, worth reading on the cv of the 5 executive members of helix, the assets in Montana and here is an interview done today;
Https://youtu.be/WPBVtIHacJM?si=l-76HRu6_cqCeNJQ
Cavendish update just 10 days ago reiterating target price of 1,300p;
AUDIOBOOM GROUP (BOOM): CORP Six new top tier podcast partnerships, forecasts reiterated Audioboom has announced six new exclusive partnerships with top tier podcasts, which are expected to add over 4m downloads per month to the 110m per month in Q4 23. The six new podcasts (Pretty X Unfiltered, BDA with Katherine Schwarzenegger, Soder, Omnibus, Do We Know Them?, and George Conway Explains It All To Sarah Longwell) selected Audioboom’s differentiated platform due to factors such as its full suite of capabilities, which includes inventory creation tool AdRip, the automated advertising marketplace Showcase, and the November launch of Advet. After an increase in the platform’s ranking to fourth in the February Triton Digital podcast rankers, supported by the November win of four top-tier podcasts, the new podcasts will continue to drive download and market share growth across the US and international markets. Today’s announcement will also enable the platform to target new operational records, after the record global audience reach of 38.6m unique global listeners in January, and a record 1bn ad impressions created in October. In the coming months, we expect management will continue to focus on winning and renewing podcasts on attractive terms, such as the extension of key partnerships with five top-tier podcasts in March. Combined with strong early progress for the newly launched brand advertising unit, which is in early-stage commercial partnerships with 8 of the 15 largest US ad agencies, we expect Audioboom will be excellently positioned to capitalise on more positive ad market sentiment through FY24. At this point, we reiterate our FY24E forecasts, and crucially note that our FY24E revenue growth of +21% does not include an improvement in ad pricing beyond Q4 23 levels. Any improvement in the macro environment will then drive upside to our revenue forecasts, which will gear strongly to adjusted EBITDA and cash. We reiterate our target price, and look forward to Audioboom capitalising on its strong foundation through robust operating and financial momentum at the Q1 update in April, the renewal of key podcasts on attractive terms, and new podcast wins.
Based on excellent news so far this year, imo boom should be 400p+ by now.
This is an opportunity to.load up cheaply thanks to a seller ( who must be almost done) . I have doubed my holding in the month of March.
Target 1000p this year or take out higher than that.
Gla