"A helium content of 0.3 percent or more is considered necessary for commercial helium extraction"
We have 4.7%.
We know concentration now waiting for stabilised flow rates so we know how much daily extraction will be worth.
Board showed restraint only raises a modest sum.
Around 10% dilution.
Bounce back today shows demand.
Helium is an incredibly valuable commodity.
10p plus easily in the next 6 months as they start moving towards production.
Mou5 is intriguing. The development plan is the maghreb pipeline.
That was the original plan prior to cng project.
I guess mou1-4 satisfy the local cng market and paul is planning to move bigger volumes.
Still find it a bit hard to believe test results are around the corner but they are.
If an institution was loading up volume would be higher.
At current prices £1mil is 8million shares. Even with a staggered approach it would take a fair amount of volume to build up a big position.
3% is 17mil shares.
The last few days volume doesn't appear unusual.
What am I missing?