RE: Offtake agreements13 May 2026 12:38
Hi KT , I can comprehend why you say it couldn't have happened at a worse time , however if supply of Helium is critical to your business , lab , hospital, then you will be purchasing as usual. We will be dealing with wholesalers , who may have held a small stockpile & additionally may have had forward negotiated contracts to rely on. Those will now be reaching maturity & people will be actively purchasing at higher prices. There is only so long that wholesalers can hold off purchasing in the hope of early resolution in Iran. It should be more than clear by now that there is no speedy solution and furthermore Insurance costs via Lloyds make it almost cost prohibitive to even consider importing from that region , that's before onemillion levies are paid for navigating the Straits.
Domestic supply will become increasingly attractive , even at higher rates.
Come on Bo bring it home.