Helium One Global Share Discussion Threads

[jakes114] 04/12/2020 13:53

They should do well once this settles down

[wassapper] 04/12/2020 11:28

The number of ordinary shares in issue immediately after Admission will be 496,893,111 giving the Company a market capitalisation of approximately £14.1 million at the issue price of 2.84 pence per share.

Investment Highlights:

· Successfully raised £6 million by way of an oversubscribed placing of 211,267,597 ordinary shares with institutional and other investors at a price of 2.84 pence per Ordinary Share.

· A globally significant asset to resolve a supply constrained market;

· Large-scale, high-grade primary helium project with un-risked prospective helium resource (2U/P50) of 138Bcf;

· Management team with an extensive track record of exploration, development and operation in Africa

· Fully funded for exploration programme commencing in Q1/Q2 2021 consisting of infill seismic acquisition and three well drilling programme targeting high priority Prospects over the Rukwa Project