i've said it before... and I will say it again !! ^^26 Apr 2021 13:52
Natural Gas is $2.80 per M/cf
Helium is $280 per m/cf Yes that is 100x more expensive than gas
Helium One are drilling 138 Billion Cubic Feet of Helium Gas (yes its a $38 billion asset)... Helium is very very rare
They are fully funded to do this, they have no debts, the government are cheering this project on.
Mid May 3 weeks time they will start to drill well 1 of 3 and each well has 3 target areas, so 9 attempts over the next several months (actually they have identified over 20 drill targets). This is NOT 1 drill hit n hope or boom/bust sp like Oil stocks.
There is helium bubbling to the surface, they can see it. It is 100% there.... They just need to find the pocket. The worst case situation would probably be another fund raise in September to fund another 4 or 5 wells. Best case situation would be to hit a pocket and the Share price will be over £1. What I love about this project is that they won't stop until they find something, where as Many oil projects can be 1 area boom or bust..... Let's go...