A compelling opportunity presents at this level13 May 2026 09:49
Seeing a lot of talk on here so adding my thoughts to the mix
It is my understanding that the flow rates have already historically revealed 2.76% AND continued to build under pressure before being capped off and concluded. They are now testing it using more refined techniques and accuracy so an even greater chance of higher rates.
All this scaremongering is not justified given the COS is higher than the chance of failure given that we ALREADY have data. This is not blind first time testing.
This coupled with:
- recent director buys
- institutional support at £5 million
- independent SPROULE valuation
Makes it a damn good buy at these levels. I am biased having 200 million shares in situ but that’s the rationale for my investment here
Sagebrush – 1 well historically encountered non – combustible gas with measured helium concentrations of ~2.76%, providing strong technical validation of the helium potential within the deeper Leadville Formation .
Wireline logs identified ~94 feet of net gas pay and the drill stem test concluded with the well continuing to build pressure, suggesting the potential for stronger sustained flow rates using modern completion and stimulation techniques.