RE: Needs Backing16 May 2026 17:17
Here’s where things get tricky. Despite the sub-penny share price, this stock is far from risk-free, and ‘cheap’ is relative.
Helium One has yet to generate any meaningful revenue, and the path to commercial production is long and expensive. The company is actively seeking external funding and a farmout partner, which means shareholders face real dilution risk.
More critically, the enormous resource estimates are based on geological surveys and well tests, not confirmed production. If future drilling results disappoint or partner negotiations stall, the share price could fall sharply from here, potentially even collapsing to zero.