RE: Strengths for HEX - FACT29 May 2026 09:22
"Bringing all under one roof" reference could mean
Adam Standiford wells on Rudyard area he retains that were drilled for nat gas, but not Helium previously.
Would explain Bo retiscence on future drilling if this deal going through - whether by partnering, share issue to AS or full sale - Adam is already aligned with HEX, would make sense to fully do so with all his relevant assets, for both parties.
He also runs the drilling company used to date - if fully aligned then costs reduce substantially.
JV otherwise with Tier 1 - has to be a consideration as mentioned, however cant see Bo relinquishing control at such an early developmental stage of build out - he holds all the cards it seems, sitting on a replenishing strategic resource, competition for partnering likely - HEX have been in discussions with multiple Tier 1, current focus must be for securing the optimum terms for HEX - to PI benefit in time.