RE: HeliumOne Global 3.67p by 2/4/269 Apr 2025 08:13
That Fintel blurb is just a direct lift from the PMUR Analyst research note published on the 21/03/2025.
This is what they stated in that research note (amongst other things)
‘ Helium One announced FY25 interim results, showing a net
loss of $(1.9m) (1H24 $(1.1m)) on zero revenue. Net cash at
Dec of $10.0m, following a placing during the period to raise
$8.2m. We would argue that the interim results numbers are
largely irrelevant, given the pre-production status of the
asset base, and the activity post period end. With the
Galactica Pegasus project in Colorado moving towards first
production by mid-2025, and the formal award of a Mining
Licence in Tanzania anticipated, the future looks bright. We
remain encouraged by the near-term outlook and reiterate
our BUY recommendation and TP of 3.6p'