Member Info for LordWM

"A further update is expected to be issued this month"

https://polaris.brighterir.com/public/atome/news/rns/story/xzg66pw

Let's hope we get finance in place and the start of the build out.

Fingers crossed!

🔹On track to start operations Q2 2025 🚀

https://x.com/HelixExp/status/1892193719496937642

Plus we'll have news any day/minute re Ingomar acid testing.

Not worried at all.

Hopefully Bagzzz

Https://x.com/HelixExp?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.proactiveinvestors.co.uk/companies/news/1065642/helix-exploration-is-advancing-big-impact-helium-exploration-in-the-united-states-1065642.html

https://www.youtube.com/results?search_query=helix+exploration

https://www.helixexploration.com/investors/reports-and-presentations/

This one is particularly interesting:

https://youtu.be/hHz8j4SJ9U8?si=RmyxxMuqlrBBj4re

Just logged on to see what's happening, trying not to look too frequently and obsess like I have been.

What a great day so far! Good press coverage, hopefully new eyes on Hex and the market starting to realise how insanely cheap this is.

Good luck to all investors. My advice is:

- Look at the latest presentation on the website

- Watch all interviews with Bo Sears and David Minchin from Dec 2024 up to today.

- Buy in before it's not too late!

GLA and DYOR as always.

The last update was just under 2 weeks ago, I’m thinking about timescales of what will happen next.

If cold weather is holding up work at Clink1, it’s going to be -20c during the day and colder at night until next Friday.

https://weather.com/weather/tenday/l/Ingomar+MT?canonicalCityId=f86472219941cf2483d36bff0a3a026ab53992b51297997f63ed219ad8fbcf6a

Assuming Bo has the acidation team ready to go, and again assuming the weather is holding them up, re entry and testing should take around 10 days from 21st Feb, so news by around Mon 3rd March. I’m guessing there may then be flow testing to follow? Not sure about this. But we should have news re a confirmed commercial discovery by end of March, if not earlier.

It seems to take 3-4 weeks for their consultant to analyse the data and confirm reserve numbers (assuming commercial). So we could have news of a commercial discovery in March and confirmation of size of reserves in April.

Other news could be confirmation of acquisition of the membrane unit for Rudyard processing and a timeline on production works, leading to first Helium ready for sale in Q2.

Also, they may announce an offtake agreement with sale price, but I’m not sure if this will happen before or after first gas is produced. This appears to be Gregg Peter’s area of expertise so I’d be surprised if he’s not actively engaging and negotiating with end users right now.

https://www.helixexploration.com/the-team/

I’d be very surprised if an agreement isn’t announced very soon, I assume will be in place before production begins. Any announcements re offtake agreements will shine a spotlight onto first revenue and will surely affect the SP.

Also, being fully funded, we’ll likely have announcements of further drilling and survey work to increase both reserves and production volume at Rudyard. This could happen any day and be concurrent to all other activities.

Overall I’m very confident about 30-50p by end of Q2, possibly way more depending on Ingomar results and if the market starts valuing Hex fairly based on actual Reserves.

I’ve invested a lot in this now, average of 17.17p. Good luck to everyone, let’s hope we have some rapid and very positive news flow starting this week.

Let’s be clear on what was said Bagzzz. I said:

“suspect 30-50p by end of Q2“

To which you replied:

“If this is anywhere near 30p by March or 50 by end of June, I will eat my pants!”

I hope you’re right Nanocap and I haven’t sold any, but we’ve had many false dawns. FID was due in 2023, and the latest presentation on their website says by end of 2024.

Fingers crossed we have it soon.

Have you not read this Heaven - https://www.standard.co.uk/business/imperial-energy-sale-to-india-hands-ps90-million-to-founder-6809576.html

This doesn’t look good, we really need an update, even if just to reassure us that there’s no bad news.

JH, I think Ingomar will turbo the SP if commercial, but Hex is undervalued regardless, and there will be a re-rating as we get to first revenue. I don’t think it will tank if Charles isn’t commercial. There’s enough Helium reserves already.

They can flesh this discussion out in the pub when we hit £2.

(To confirm, not suggesting this will happen in Q2).

Bagzzz will be on the fruit machine in the corner trying to enrich himself, having sold out at 17p for zero profit.

Apologies if not new news.

https://www.businesswire.com/news/home/20250211770290/en/Nanoco-Refocuses-on-Strategic-Growth

Having Directors that are large holders is a good thing, but there are other large non-Director holders too, so I'm not worried about them de-listing, won't happen:

Schroders PLC 13.3%

Molecular Energies Ltd 12.8%

Peter Levine 7.3%

PLLG Investments Limited 7.3%

Baker Hughes UK Funding Company Ltd 6.3%

Olivier Mussat 5.5%

Urion Holdings (Malta) Limited 4.9%

Alpha Energies Invest GmbH 3.4%

I'm sure they're doing everything possible, but we do need progress and updates at the least. The last investor presentation on their website is very out of date, especially slide 14 "Timelines and Deliverables".

I have to assume they're very close to closing the Finance, but we've been in this position since end of 2023.

I hope the PPA for Yguaza follows swiftly after Villeta FID, because that's what will be the difference between 5x and 20x of the current SP (in 5-6 years time).

Great news re the indexing, hope it gives a good boost.

@Ihavenoclue I agree with the logic, was trying to have pessimistic expectations because UK stocks don’t seem to be fairly valued right now and wasn’t sure about the 12 multiple with a finite 10-12 year lifespan, plus although the BOD have exceeded all expectations with their delivery, was factoring some delay risk.

But agree with the direction and keep searching for the risk I can’t see to explain why it’s still at 15p.

Fair point re filtering him ihavenoclue.

But I feel it’s important for his nonsense posts not to go unchallenged some of the time, for any new eyes on this board.

I don’t think anyone’s suggesting £2 by end of Q2.

Read the thread ihavenoclue, just friendly banter with Bagzzz.

I don’t think we’ll be at £2 by the end of Q2, but if we are we can all look forward to seeing you eat your pants in person Bagzzz, you clown.

Not worried at all. The fundamentals are insanely good, suspect 30-50p by end of Q2 (or way more depending on Ingomar results and confirmed reserves at Rudyard South), climbing towards the end of the year as we get visability of Helium sale prices.