Member Info for Jungmana

Well said Ice and Jeth.

I remember buying he1 during their first phase in 2021 when DM and the guys now running pulsar helium were in charge . I paid about 6p and sold out about 12p ( was happy with 100% profit) only to see it go close to 30p a few weeks later.

At the well spud time in summer of 2021 he1 had a market cap of roughly £120 million .

That would be £1 share price for Helix. Is it possible that we could see similar valuation here by spud ? Yes it is.

Helix has a far better prospect in Ingomar Dome, safe jurisdiction, proven experience management and project is at the heart of the world's largest and most important helium market.

All you need to do is produce the helium and truck it in tankers ( similar to LNG trucking) to the customers as is already done by 2 producer's in the Fairway.

With the chips act, the helium price in US will only remain strong as not enough is produced to meet demand.

Hex is in the right place at the right time.

Has been a brilliant week being up 50% and hopefully another 50% rise next week.

If you are new to helix go through the presentation on website, watch all the interviews done over the last 4 weeks and spend the weekend reading about the Ingomar Dome helium project. Then make up your own mind.

Enjoy the long weekend everyone .

Onwards and upwards

Ingomar Dome project.

Why Montana?

A helium system extending from Saskatchewan to Wyoming. The ‘Montana Helium Fairway’ is named after several helium discoveries made in the Cambrian

Flathead Formation on the western edge of

the Williston Basin

Hosts helium production from North American Helium and Weil Group

Helium is generated in ancient crust and migrates along major structures

Nitrogen gas is an important exploration indicator and all helium discoveries on the Flathead Fairway are associated with nitrogen

Yes imho will see 20p+ next week.

Just the start of the rise to 40p+ ( £50 million market cap ) by spud

For more information take a look at the presentation on their website, or the hive team on telegram.

Good luck

Caesar, should take approximately 12 months for feasibility and to build the plant at a cost of between $12 to $15 million .

Production expected to start in Q4 2025 on successful upcoming drill .

No more funds for me to add unfortunately.

Happy with my 470k shares at just over 11p average .

Not selling any till at least 40p.

And that 55,0000 Mcf per annum is just the start.

Caesar, let's Not look that far yet. Imo get to 40p+ by spud and will see 100p on good results.

Quoting sponge:

"Should the appraisal drilling campaign be a success, the company have plans to take the project to production building a local processing plant delivering -55,000Mcf per annum. As I mentioned earlier, Helium can sell for up to $800Mcf, although bulk supply pricing can exceed this. Helix will target sales to Tier2 distributors by-passing industrial majors to ensure best pricing for Helix."

Super, isn't the market close on Monday?

Would recommend reading Bo Sears ( helix ceo) book Helium - the disappearing element.

No wonder he is called Mr Helium

Agree ART , even at the time of Tai3 well spud last November, he1 was valued at £50 million market cap.

And over the last few months is become clear the importance of any helium project location with respect to development and getting it to major end users .

50 million market cap is 40p share price here. That should be a minimum target by q3 well spud imo.

But won't be surprised to see it a lot higher than that.

Excellent post Trek. Yes Bo keeps emphasising the "chips " act.

It is very important and makes helium a key national commodity for the US tech and semi conductor industry.

Helix is in the right place at the right time.

Agreed, 20p should be the base. The ipo was priced reasonably low and gave many an opportunity to load up cheaply.

This company is head and shoulders above many helium peers who are today valued 2 to 3 times more.

Personally I believe will see 50p by Q3 well spud .

We will see 4 to 6p daily jumps here soon

Here is the Company's twitter account. Give them a follow if you are on twitter;

https://x.com/HelixExp?t=ThocFJ9IaHVdC98aUke7ig&s=09

Zak mir like many others predicted helix should double on listing. Took 3 weeks to free the share price but finally is happening;

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

Excellent written article incase anyone missed it;

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

Helix Exploration (LSE:HEX) – Market Cap £12M

Helix is a particularly exciting Helium play for a number of reasons.

The company are a relatively new entrant to the market having IPO’d this year. The company initially sought £7.5m but this was well over-subscribed to the tune of a potential £22 Million on offer, however the company stuck with the initial amount sought to minimise dilution and keep a ‘tight’ book, especially give the current market back-drop. The company has a post IPO Market Cap of around £12M.

Helix are arguably a more advanced play than Helium 1 in that their projects are in development stage (with plenty of further exploration opportunity also I must add). The Helium projects are located in Montana, USA along the ‘Montana Helium Fairway’. This is a fantastic location in terms of risk profile and locality to end consumers with a substantial un-risked prospective P50 helium resource base of 2.3bcf.

Historic drilling/testing has identified gas in all target reservoirs and the company are planning an appraisal drilling campaign for Q3/2024 on stacked reservoir targets.

Should the appraisal drilling campaign be a success, the company have plans to take the project to production building a local processing plant delivering -55,000Mcf per annum. As I mentioned earlier, Helium can sell for up to $800Mcf, although bulk supply pricing can exceed this. Helix will target sales to Tier2 distributors by-passing industrial majors to ensure best pricing for Helix.

The company estimate a timeline of just 12 months from appraisal success to first gas production. As investors that’s a huge re-rate potential in a very short timeframe!

Lastly, it’s worth mentioning the Management Team, the team is very strong with a wealth of experience within the Helium space from Chairman David Minchin to CEO, Bo Sears who lead the Mankota Project, Canada’s first Grade A helium Operation.

And there is Greg Peters ;

Worked for ~10 years as Director of Helium for Linde and Praxair

Responsible for helium pricing strategy, contract development, client portfolio and supply logistics

COO of Edelgas Group, rare gas consultants, and Managing Director of Disruptive

Bo Sears ( helix ceo)

25 years of helium exploration and production experience

Led the discovery and development of the Mankota Project; the first project in Canada capable of producing Grade-A helium

Has testified before the United States House of Representatives on America’s Helium Supply

Author of the 2015 book “Helium – The Disappearing Element” widely regarded as the definitive textbook on helium

Who do I listen to Bo Sears or an anonymous poster online who doesnt know what he/she is talking about?

Bo has done this , written a well respected book on helium exploration, development , production and even testified before Congress on the US helium supply issues.

As we rerate we will attract such posters trying to spin their crap on this thread. Just ignore them and as slwsys dyor.