Paulyb9 Mar 2026 09:51
QHE Market cap £11mln
Funding of c £3mln
Assets value $300mln
USA based helium assets
Helium spot prices up 50% in a week
Sector comparisons
HE1 £90mln
PLSR £152mln
HEX £60mln
Asset highlights
- USA based assets
· Sproule ERCE estimates 2U gross recoverable helium of 0.97 BCF at Coyote Wash
· Combined with Sagebrush, Quantum now has 1.104 BCF gross (828 MMscf Net) 2U helium, all independently evaluated.
· Potential gross value of ~ US$331 million ($300/Mscf)
· Establishes Quantum as having one of the largest independently verified helium portfolios among London-listed helium companies
· Sproule ERCE also identifies up to 750,000 barrels of potentially recoverable oil at an Ismay prospect with three potential well locations.
Funding
Carl Dumbrell, Executive Chairman of Mosman Oil and Gas, commented: "We are delighted with the strong response from our retail shareholders, whose continued support and confidence in Mosman's plans has resulted in a fully subscribed offer. Alongside the recent £1.67 million placing, this brings total funds raised to £2.17 million raised
together with the current (as of Nov 2025) cash balance of approximately £1.2 million
As of Nov 2025 when name changed to QHE they had £3.3mln cash
In early 2026 they signed a lamdmark licence/ funding deal with the Bureau of Indian Affairs (BIA) whose land the assets are on.
Uses of helium
Helium is a vital resource across the technology, science, medical, space exploration and manufacturing industries. It is widely regarded as a mainstay of the digital revolution given its importance in a range of high-tech manufacturing applications.
Helium demand
Global demand is estimated to be around 6 billion cubic feet (Bcf) per annum, with China alone importing 1 Bcf a year. Annual demand expected to increase from 6.0Bcf to 8.5Bcf by 2030, with a current global import growth of 10% year on year (AKAP Energy, 2024).
Iran situation
About 50% of global helium comes from areas affected eg Qatar as Qatar is also responsible for a third of the world's helium. Without helium, MRI scanners cannot function and certain quantum computers cannot work, since they depend on the gas to cool their magnets and circuits. The Gulf provides around half of the world's sulphuric acid, without which you cannot make explosives or refine copper. In short, you can expect the disruption in the Gulf to fan out in the broader world with every day that goes by.
Critical timing amid global supply crisis: All three helium production facilities in Qatar, the world's second-largest helium producer accounting for approximately one-third of global supply are currently offline following Iran's strike on the Ras Laffan LNG complex and the continued closure of the Strait of Hormuz. Helium spot prices have surged 35-50% in the past week alon
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