RE: Potential30 May 2024 11:39
A few points:
The market values the business at present correctly, based on the factual information available.
When the appraisal well is completed, the market value will adjust. We all know there is no guarantee, but research the team, geology, rig drill team, nearby discoveries, and you get a picture.
What will the market value be on production.? 5x 10x 20x current value 🤷🏼♂️
Helix already have a distribution sales plan to cut out third party costs to increase profitability which will only enhance SP.
This is the best Helium play at present in terms of risk v reward.
Up to each of us to adopt an appropriate investment plan to suit.
GLA