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Gordon no confirmed date for spud but from the q& a on hive telegram 2 weeks back , they are targeting early Q3.

We should get the scoping study news soon .

Anyway Q3 is just 8 weeks away.

Helix has to be 40p to be on similar market cap to he1 today.

Safer jurisdiction, proven experience management, at the heart of the world's largest helium market, No complex development or shipping requirements etc.

Buy, sit tight and imo 50p will be here at spud in a few weeks.

I couldn't resist, had a 40k shares top up this morning.

I see us at 50p by spud.

Here is the Company's twitter account. Give it a follow for latest news and updates;

https://x.com/HelixExp?t=cBzWbJ5YSFsQ7w_rn9M82A&s=09

Growmore, am in good company.

May be will see the 20p today 😀

20p+ this week imho.

50p spud target for me in 8 weeks time.

Buy and sit tight.

Should be a good week here imo. We will open slightly down due to the closing UT trade on Friday but I expect a nice blue day.

Here is short article for new investors;

https://www.share-talk.com/helix-exploration-is-ready-for-its-london-listing-following-an-offer-that-was-significantly-oversubscribed/

* nearly $50 million I meant not £

It is very expensive exploring for helium in a remote part of Africa. Rig, drilling costs, logistics , getting experienced crew etc.

He1 have spent nearly £50 million up to date .

Imagine what Bo Sesrs and his team can do with that kind of money in Helium Fairway of Montana.

Costs just $2.5 million to drill a well and carry out EWT in Montana compared to $6 million just to drill in Rukwa, Tanzania with their own rig excluding EWT.

Ingomar fome project in Montana due to its location can deliver helium by road tankers to any major end users in North America within 72 hours

"Helium is challenging to extract and transport (‘the escape artist’) and is commonly converted into liquid form however there is a time-frame of some c.30 days or so, whereby if it’s not delivered can evaporate if not insulated sufficiently to prevent ‘boil-off’"

https://spongeshare.com/2024/04/29/helium-an-increasingly-rare-commodity-with-limited-investment-options-heres-three-uk-plays/

The biggest obstacle for me on he1 is the location. Listening to Bo and reading his book , helium once produced has to get to end users as quickly as possible preferably within 30 days. Helium is an "escape artist"

Being in a remote location also substantially increases development and transport costs whenthe largest end users of helium are in North America.

Paul very correct there with your numbers. Bo wants to rapidly grow helix and part of the £7.5million raised will be used to acquire additional new projects that can be developed quickly .

Will be fantastic if helix can produce say 100 Mmcf per annum by mid 2026.

I intend to ride with them on this journey.

And there is North American Helium which is a private company in Canada that produces 155 Mmcf per annum.

They have a valuation of $1 billion ( £800 million)

Win, as there are few listed helium companies on the market is hard to compare. But have a look at helix April presentation which you can download from their website. On page 12 is a peer analysis which compares helix to 5 other public and private helium companies.

That should gove you a good guide.

Eg, New era helium have a market cap of over £130 million and their production annually is about 32 Mmcf.

Helix initial production target is 55Mmcf per annum.

Simon, I disagree.

These traders who wanted their 20 to 40% profit exited on Friday as that's typical of a Friday especially going into a long weekend. Been watching the trades from lunch time to end of day.

Imo will see 20p+ this coming week.

I am surprised this interview done 2 weeks ago has only 76 views ;

https://youtu.be/ZQVRyshuygU?si=v2FFh0hiasyJMZn0

Ice, yes I read Bo's book Helium the disappearing element .

The man is definitely worthy of the title Mr Helium.

Zak like some of us was surprised that the shares didn't go up 100% on the very first day of trading.

From about 8mins 20 seconds ;

https://twitter.com/Share_Talk/status/1786800689701703789?t=CLZm2lJDwnOzCtvKUDkxqw&s=19

Caesar, at that time only God knows where the share price would have gone. The herd momentum was with he1 and could easily have doubled on success.

Their market cap peaked at about £170 million if I recalled right but all went tits up with the drill and the market cap dropped to about £30 million in quick time.

But look at it ths way that's still more than helix current market cap of £18 million.

Helix imo has a tremendous upside potential from this level.