Member Info for REDDINGTONR

Amazing RNS, not much point drilling more production wells, as proving hydrogen and unrivalled noble gas concentrations would surely be enough to gain a buyout.

Hopefully next RNS is buyout interest, before we keep making this field more expensive by releasing further news about our resource.

Worth the effort though, as selling hydrogen to the deep pockets of the US military is a gamechanger, which is probably why loads of comps wanted this partnership.

Earlier RNS states that Helix will receive funding from the Chimaera Fund to support hydrogen confirmation, so looks like HEX will receive it's drill cash + testing costs associated with hydrogen exploration, could be a nice bonus for further multiple drills, which are surely the next steps going forward.

Should know quite soon whether the "Fishing" went well and then I guess it's down to the Chimaera Fund to help fund further hydrogen work.

It's done a 1 bag + for me so happy to hold out for more bags in this relatively safe haven environment.

A further nice summary on X, just highlighting that we're in safe hands with Bo.....unprecedented imo

HEX has moved from IPO to contracted helium sales in just over 2 years.

🔹Helix now producing, selling & generating revenue from helium in Montana

🔹Pricing achieved materially exceeds pre-IPO model assumptions

🔹Further discussions underway on larger & longer-term arrangements

AI likes it:

What’s positive (and why it matters)

1. First revenue = major milestone

This is the transition from explorer → producer → seller

“First contracted route to market” is a big derisking event

👉 In small-cap resource stocks, cash generation beats everything

2. 100% of production taken

Counterparty committed to take all available volumes

That removes sales risk entirely in the near term

👉 This is a strong signal of demand + confidence in product quality

3. Pricing better than expectations

“Significantly exceeds pre-IPO model”

Implies:

Higher margins than investors originally modelled

Potential upgrades to valuation/NAV later

👉 This is one of the strongest lines in the RNS

4. Spot pricing in a tight helium market

Spot prices = maximum upside exposure

CEO explicitly says market is tight

👉 If helium remains constrained, this can materially boost revenue early

5. No logistics bottleneck

Counterparty providing extra trailers

Means they can scale output without delays

👉 Removes a common junior resource risk (infrastructure constraints)

6. Near-term cashflow visibility

30–40 Mcf/day already

With 3 wells running + more ready

👉 This is not theoretical production — it’s happening now

Slow and steady is good, as we find the next floor, same thing happened in the low 20s. Much higher stair steps to come imo now we are generating cash from a large and confident buyer. Market doesn't know how stella this company is, as it's still below the radar -So nice time to slowly add as we became a decent size producer that is likely to get taken out sooner rather than later.

Time to add even more as we have

massively derisked now.

Looking forward to:

Longer-term offtake agreements

Production ramp updates

Actual revenue numbers

Flow rate improvements

Additional wells online

Hydrogen News

Smart move not to lock in prices, as helium prices are only going in one direction

Nice update, finally a very serious producer!! 😍

I didn’t realise you could trade this share with free trade, so thought I’d have a toe dip, as in HEX and Mendel, so why not grab some more helium exposure whilst the market is sleeping 😴

*************helixexploration just add http : // ****

*************helixexploration

That's bit blatant after being so quite....very nice though😍

Don't forget to update the list, I'm looking to get to 1 mil short term, as it's a beautiful round number.

I was hoping to rebalance from HEX to here, as my initial view was HEX is further on in it's development journey and I want more exposure on a Helium play that's transitioning into a more advanced producer, but the rate this is moving is perhaps even more impressive, so may go higher than 1 mil holding.

Cheers Mark I’ll compare ii with AJ. I understand some frustration with the low ball placing, but the liquidity isn’t great on this market and obviously we couldn’t delay the process until we hit AIM. Better to hit the road running now with speedier production and hopefully the 6 / 7p area will soon become a distant memory

Nice I'll try AJ Bell, I'm still waiting to hear back from Mendell and I've sent a further following clarifying / reworded email, so hopefully I'll hear back soon, but ideally I'd like to keep them in my ig ISA if possible:

Subject: Query Regarding Planned AIM Listing Timeline

Dear All,

I currently hold Mendell Helium shares with IG and have been advised that I must either sell or transfer my holding by 20 June 2026, as IG is migrating to a new platform that will no longer accommodate these shares.

My understanding is that a move to AIM is planned, and that this may remove the need for any transfer if it occurs in time. I would therefore be grateful if you could advise whether the AIM admission is likely to take place before 20 June 2026, or whether that timeframe is considered unlikely at this stage.

This information will help me determine the most appropriate course of action with my broker.

Ah I didn't realise you could use HL, I have my sipp with them, so you have to use the telephone service to buy, OK I'll try calling today.

Does anyone trade with other accounts that have low fees as HL is quite pricey

Excellent news!! No brainer to add some more and look to transfer if you have an ig account. Can anyone recommend a broker.

They'll probably cancel all flights keep passenger money as long as possible and then short jet fuel with said cash, which is helped with demand destruction across all airlines.

Don't pay tour staff full money, get rid of temps and ask for government help....."We]re all in this together, difficult time etc....another load of bailouts coming coutesy of tax payers I'm guessing"