Member Info for Jungmana

Pompey, my last post on he1 thread was about 2 weeks ago. I can post here comparing to he1 as this is the helix thread.

Secondly I hope you are aware that the name Rukwa is the region. A very large area the size of Wales and he1s project is nowhere near that highway. The seaport in Dar es salaam is over 500 miles away.

Yes Montana is not coastal and you don't have to ship the helium to get it to the major end users as you would have to from Rukwa , Tanzania. .

Good luck with he1.

Wise is not about if he1 was oversold when it was about 0.20p £ 8 millionmarket cap. It was lack of confidence in the drill especially the rig and the huge dilution at 75% discount to fund that drill.

On their Tai-3 drill in November last year their market cap was roughly GBP 50 million at time of spud ( share price was about 5p with roughly 950 millions hares in issue) . But a series of rig breakdowns , well results not up to expectations led to collapse in share price to about 2p (GBP 20 million market cap).

Then came the news that funding was needed for the Itumbula well drill, this led to the slow decline to about 1p level before the massive 4 times dilution at 0.25p.

Therefore you can clear see that he1 had so many issues going into Itumbula drill.

Most importantly their project is located over 500 miles from the seaport with no infrastructure .

Basically in a remote part of Africa.

If one listens carefully to Bo Sears in his interviews he is keen on highlighting the significance of the project being located in Montana, US. It is right at the centre of the largest helium market, close to infrastructure and will be cheaper to fund the production plant ( $12m to $15 m).

Bo has done this before in Canada and has an excellent BOD to help him do it again

50p at spud is a realistic target.

And most importantly this drill is an appraisal one. Gas has already been found with the few wells drilled on this site from the 1940's to 1990's whilst looking for Petroleum.

As I said early this morning take a look at he1 which is at £50 million market cap today with £4 million in cash.

Helix has a better project better location and a much better proven management.

Helix right now is just £16 million market cap at 13p with £7,5 million in cash.

Needs to get to 40p just to be valued similar to he1. And remember he1 was £100 million market cap on Itumbula well results just a few weeks back.

The upside here is huge .

Imo helix should be 40p minimum by spud and a 100p+ on successful well results and flow test.

If you haven't seen please take the 1 hour to listen to the presentation and read the Q&A done by The HIVE team on telegram with David Minchin.

Lots of information there.

https://twitter.com/TheHiveTeams/status/1785743902210748863?t=gPmk5d3XSIgOcsSTA4iZ_A&s=19

A good comparison based on project, location and management is he1.

That one has a £ 44 million market cap today £ 5 million of cash compared to £14 million market csp for HEX with £7.5 million of cash.

HEX has a huge upside potential.

Ipo flippers are done. We should see the overdue rise to 20p+ soon.

Looking strong .

"Helix stands alone to any other helium play for me"

Agreed that's why is the only helium play I hold right now.

Have pumped half of my he1 profits into helix.

Imo this simply stands out on all metrics

Long-term there I meant NOT ipo flippers.

Hopefully the share price will be freely moving soon

Supply of stock is getting tighter here as we may be seeing the ipo flippers almost done.

Over 80% of stock is with long term investors imo.

A close above 11p will be great. Should then see a quick overdue rise to 20p imo.

Yes a bit quiet here and I hope you all loaded now.

Sit back relax let Bo Sears and his brilliant team do their work.

Will be busy here from June onwards imo.

Gla

Added a few million more shares today.

Common baron oil ( sundagas energy) let's get that funding news out soon.

Sundagas Energy would be perfect.

Shiny, am crying here in my porridge bowl, 😭

And that's what am doing with my small 35 million shares.

Imo this will be at least 0.080p within the next 2 weeks.

Today is just the start of the next move here after 2 weeks of consolidation .

GLA.

Well you can forget that prediction if good news lands on funding. 0.20p should be the target then in quick time.

All imo.

Book looks good this morning. Imo just starting the move into 0.080p - 0.10p zone . May be quick but imo should be in that zone within a week or 2 at most.

Overhang is cleared

Boil looks interesting this morning as overhang is cleared. We could be about yo have a good run here imo.

0.057p I meant

Could potentially ten bag from that price by 2025.