Member Info for Toffers

Anything to keep us fizzing :):) anyone popping the champagne on ice yet?

Wonder if per chance we will get news before this guy presents for Sproule, even though we are in US and not Canada?

Alexey Romanov at GeoConvention 2026

May 11 | 2:15 to 2:40 PM MDT

Calgary, Alberta – Alexey Romanov of Sproule ERCE will present “Helium Exploration and Production in Western Canada: Opportunities and Challenges” at GeoConvention 2026, co‑authored with Jeffrey B. Aldrich. The presentation highlights key helium plays, geological characteristics, and the opportunities and challenges shaping helium development in Western Canada.

Morning all, let's hope for a Thursday tweet, or should that be treat? :)

Gangster your comments are uncalled for. There are newbies looking in here and it helps to keep the conversation going and to add aide memoires to remind us all of what news we are hoping for. It's a forum, for people to participate in, people who are interested in their investment and the company, and what might lie ahead for us all.

If we have enough gas to be commercial, this is what puts us streets ahead of others;

Quantum already has pipeline + plant access nearby

What Quantum themselves are signalling

From their own disclosures:

They are actively moving toward commercialisation at Sagebrush

They’ve reviewed plant design and infrastructure options already

They want to “move quickly from testing into production”

That strongly implies:

A JV or strategic partner is very likely

Especially for processing + capex funding

What type of partner they actually need

They don’t need exploration help anymore.

They need:

Processing infrastructure (helium separation plant)

Capital for development drilling

Offtake / marketing capability

That narrows the realistic partner pool a lot.

Most likely JV partner types

1. Helium processing / midstream companies (MOST LIKELY)

These are the best fit because:

Quantum already has pipeline + plant access nearby

Helium needs specialised processing

Strong candidates:

Air Products and Chemicals

Linde plc

Air Liquide

Why them:

They already own helium plants + logistics

They often do:

JV

Tolling agreements

Offtake deals

Most realistic structure:

Quantum supplies gas

Partner processes + markets helium

Revenue split

2. Regional helium specialists (VERY LIKELY)

Smaller US helium players are actually even more likely partners:

Blue Star Helium

Royal Helium

Desert Mountain Energy

Why:

Similar scale

Already operating in helium basins

More willing to JV on small–mid projects

These deals often look like:

Shared development costs

Shared wells + infrastructure

3. Small US oil & gas operators (VERY PRACTICAL)

This is underrated but highly realistic.

Quantum already:

Produces oil at Sagebrush

Operates in a mature oil & gas region

Likely partner type:

Private US operators with:

Drilling crews

Local infrastructure

Existing wells nearby

Why this works:

They can bolt helium onto existing gas production

Lower cost, faster development

4. Private equity / energy funds (COMMON OUTCOME)

Not a technical partner, but very common:

Energy-focused funds finance:

Plant build

Multi-well drilling

In return:

Equity stake or revenue share

(same source)

someone said they have already been in talks regarding a JV, can't remember who it was though.

:)

1. The key variables (what actually matters)

For a helium well like Quantum’s Sagebrush-1, three things determine viability:

1. Flow rate (total gas)

Measured in MMcf/day (million cubic feet per day)

2. Helium concentration

Quantum reported about ~2.7% helium

👉 That’s very good (commercial threshold is often ~0.3–1%)

3. Recovery & processing costs

Can you extract and sell it economically?

📊 2. What “commercial” looks like

Here’s a realistic rule-of-thumb range:

🚫 Not commercial

< 1 MMcf/day gas flow

Even with good helium %, volumes too small

⚖️ Marginal / borderline

1–3 MMcf/day

Works only if:

Costs are low

Infrastructure is nearby (Quantum has this advantage)

✅ Clearly commercial

3–10+ MMcf/day

With ~2.7% helium:

That gives:

3 MMcf/day × 2.7%

→ ~81,000 cubic feet of helium/day

👉 That’s already a solid small helium project

🚀 Very strong result

10+ MMcf/day

Would support:

Multi-well development

Standalone processing plant

Significant valuation upside

🧮 3. What that means in revenue

Helium prices vary, but roughly:

$200–$500 per thousand cubic feet (Mcf) (bulk market range)

So for a 3 MMcf/day well @ 2.7% helium:

Helium output ≈ 81 Mcf/day

Revenue ≈

Low: 81 × $200 = $16,200/day

High: 81 × $500 = $40,500/day

👉 Annual:

~$6M to $15M per well

🔧 4. Where acidization fits in

This is the key catalyst:

Before acidization → flow might look weak

After acidization → flow can increase 2x–10x in carbonate reservoirs

👉 So:

A 1 MMcf/day pre-acid well

Could become 3–5 MMcf/day post-acid

⚠️ 5. The real risk

Acidization is powerful, but:

Sometimes it doesn’t improve flow enough

Or improvements are short-lived

👉 That’s why this testing phase is critical:

It determines if the reservoir is:

fractured and productive (good)

or tight and limited (bad)

🧠 6. Bottom line (what to watch)

For Quantum Helium:

👉 The magic number to watch is:

≥ 3 MMcf/day sustained flow AFTER acidization

If they hit that:

✔ Likely commercial

✔ Fast path to development

✔ Strong upside

If they don’t:

⚠️ Project becomes marginal or uneconomic

🎯 Simple takeaway

Helium % → already strong (~2.7%)

Everything now depends on → flow rate after stimulation

same source

Punter do you want to post yours again as some of mine will probably have knocked you off the facing page which I apologise for, but I did tick your post :)

What Quantum Helium are actually doing

1. Perforation — confirmed and imminent

At the Sagebrush-1 well, Quantum Helium is:

Moving into perforation of the Lower Leadville Formation (main helium zone)

This is part of the current extended production test programme

👉 In plain terms:

They are shooting holes in the casing to allow gas from the reservoir to flow into the wellbore.

2. Acidization — planned (very important detail)

They have explicitly stated they will use:

“acid stimulation” as part of the testing programme

👉 This is effectively acidization, used to:

Dissolve carbonate rock (Leadville is a carbonate reservoir)

Improve permeability

Increase flow rates

🧠 What this tells you technically

This combination is very standard for carbonate reservoirs like Leadville:

Perforation → creates access to the reservoir

Acidization → enhances flow through the rock

👉 It strongly suggests:

The reservoir likely has tight or variable permeability

They are trying to maximize flow rates for commercial validation

⚠️ Important nuance (this matters for investors)

They are using these techniques during testing, not full-scale development yet

This means:

They are still proving commercial flow, not optimizing production long-term

Acid stimulation also introduces:

Some execution risk

But also upside if flow improves significantly

📊 Bottom line

Yes, Quantum Helium are:

Using perforation right now

Planning acidization (acid stimulation) as part of the same testing phase

This is a normal, technically sound approach for this type of helium reservoir

source: the chat!

Paul, did you sell out again yesterday? why are you flip flopping so much week in week out? you post positively then you switch to outright negativity and so it goes on. Just buy and stay in for the ride (not financial advice!).

Why Quantum could be faster than average

Compared to a brand-new project, they have advantages:

✅ Already drilled well (no drilling delay)

✅ Proven helium concentrations (~2.76%)

✅ Nearby pipeline + processing options

✅ Existing infrastructure that can be reactivated

👉 These reduce timeline risk significantly.

same source

If it's the trade i was talking about there's a buy timed just before it at the same sp, so it has to be a buy.

Typical timeline from here

For a helium (or natural gas) project at this stage:

1. Testing & evaluation

Duration: weeks to a few months

Purpose: confirm flow rates, pressure, helium concentration

Quantum: happening now (2026)

2. Development decision + planning

Duration: 3–9 months

Includes:

Economic modelling

Engineering design

Partnering / financing

3. Surface infrastructure (the big one)

Processing plant, compressors, separation systems

Duration:

~6–18 months (faster if modular / existing infrastructure)

Quantum specifically noted:

Plant design and timelines look “encouraging” with no major technical barriers

same source

Global helium consumption

Worldwide helium consumption is roughly:

6 billion cubic feet per year (Bcf/year)

(industry estimates from groups like the U.S. Geological Survey)

That’s about:

170 million cubic meters/year

30,000–35,000 tonnes/year

Per day

Divide by 365:

Volume:

16–17 million cubic feet per day

Mass:

80–95 tonnes per day

A good round estimate:

90,000 kg of helium used globally per day

same source

Whilst we wait ..................

SpaceX’s launch cadence (as of recent years):

100–120 launches per year

So:

Per year:

100 launches × 84 kg ≈ 8,400 kg of helium/year

Per day (averaged):

23 kg/day

source: chatgpt

Another big buy just through by the looks of it. Looks like they might be taking us up a bit today hopefully :)

Hoping for a tweet today, showing a pressure gauge, or anything! Andrew Scott was busy tweeting yesterday on everything else, so I'm hoping today might be our turn to get a snippet of something further.

Could be more the way things are going in this world sadly, but good for us if it does happen. The difficulty is, if all goes to plan, is deciding whether to hold on to the golden tickets indefinitely!

Also, the company is usually very good at keeping comms going, unlike a lot of AIM companies I could mention over the years.

Don't forget the directors recent top ups;

Chairman Carl Dumbrell purchased 27,500,000 shares on 17 April 2026 and on 20 April 2026 he purchased a further 33,268,948 shares in the Company, both at 0.031p. Carl now holds 181,216,120 shares (0.36%)

Executive Director @AndrewScottTV purchased 52,000,000 shares at 0.033p on 20 April 2026 and now holds 226,791,702 shares (0.45%)

Non-Executive Director Nigel Harvey purchased 33,125,000 shares on 20 April 2026 at 0.032p and now holds 157,746,952 shares (0.32%)