Multi-National s awash with cash.17 Jan 2022 10:55
There are many Multi- National companies out there awash with cash in the bank looking for future projects ( especially green companies) adding value to their core businesses, lets take two of them, Qatargas and ExxonMobil.
€500m would be a drop in the ocean to these type of companies.
If they can see added value, investing in a potential Helium find then this could be massive news for Helium one.
Helium one have the data from the 2d seismic which could be showing some significant pockets of helium within the areas tested.
Helium one currently have 615m shares in issue which is not massive amount in the whole scheme of things.
This could mean ( stressing the word could) a take over/ share buy out, 50p a share would be very cheap.
Depending on what is in the data finds, this could be a valuable bargaining tool for both parties to come to a conclusion.
Imho of course.