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HEX Helix Exploration Plc

19.25
2.75 (16.67%)
Last Updated: 08:26:14
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Helix Exploration Plc HEX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.75 16.67% 19.25 08:26:14
Open Price Low Price High Price Close Price Previous Close
19.00 19.00 21.00 16.50
more quote information »
Industry Sector
UNKNOWN

Helix Exploration HEX Dividends History

No dividends issued between 12 Dec 2014 and 12 Dec 2024

Top Dividend Posts

Top Posts
Posted at 08/12/2024 12:02 by hooded claw
Dream, wow you've been through it. I hope recovery goes well.Should be several RNSs here over the next 4 - 6 weeks with one from Rudyard before Christmas.As Suet said I hope HEX can give you something to be happy about.
Posted at 08/12/2024 11:35 by suetballs
Sorry to hear your news dreamtwister.
Hopefully hex can provide some cheer.
Suet
Posted at 07/12/2024 10:59 by hooded claw
Summary

Clink 1 at Ingomar

Amsden formation - didn't test at a commercial level but will add £1m a year which isn't what HEX are after
Charles - Unable to fully test due to mud - going to stimulate well and retest (Probably January weather permitting)
Flathead - Unable to fully test due to mud - going to stimulate well and retest (Probably January weather permitting)

Darwin 1 at Rudyard

Drilling complete and testing started on Monday - awaiting results from following areas

Helium anomalies have been identified in Darwin #1 over multiple intervals including:

· Souris River (5,062ft) up to 893ppm (170x background)

· Red River (5,192ft) up to 1,312ppm (250x background)

· Dry Creek (5,258ft) up to 1,006ppm (190x background)

· Upper Cambrian (5,340ft) up to 573ppm (110x background)

Helium anomalies continued coincident to observed porosity to a depth of circa 5,390ft indicating 330ft of gross pay across multiple reservoir horizons.
Posted at 01/12/2024 17:00 by stockmaiden
To further add to my last post, there is The ‘Montana Helium Fairway’ illustration on the company website.

A helium system extending from Saskatchewan to Wyoming. If you look at the project named IngomaDome (our project) and next to that is Root, containing 3.9% Helium, and the surrounding projects has an average of just below or above 1% Helium, and another at 2.2%. By the companies words, Helium grades of 0.9% – 1.3% considered highly commercial.

The point I am trying to make is the project is being drilled at an Helium rich surrounding.

The people that are calling HEX a dud based on 6% of the well drilled are not correctly interpreting the data, or what David Minchin had said.

The purpose of the drill is to gather further samples to be tested, and until that is completed nobody knows for sure what % of Helium could be in the Charles / Flathead formations.

As mentioned in my last post, the geographic surroundings, and recent data recovered from the Amsden strongly support the identification of Helium.

Once we drill deeper into the Charles / Flathead formations, there will be a much more accurate interpretation of what is underneath Amsden.

Don't forget there is also a separate Rudyard project.

As always, DYOR
Posted at 01/12/2024 15:09 by stockmaiden
The market have not received the HEX news well or that they are too lazy to do their research.

There are 3 parts to the well. You can also refer to the illustration on the company website.

Amsden - upper

Charles - middle

Flathead - lower

They have drilled Amsden which makes up 6% of the well. Identified Helium, although not the initial amount that they had expected, but in conjunction with Charles / Flathead, Amsden alone can generate an extra income of $1,000,000 per well. You wouldn't get $1,000,000 per well income if there wasn't an adequate level of Helium.

They always said Charles would be the primary target by commercial standards. I would say the Helium indication in the surface Amsden level is good data to further support Helium is at the lower levels.

If people had actually listened to the recent interview, 2mins 49 seconds into the video, here are David Minchin's (HEX Geologists)exact words:

"That's where 94% of the resource is"

Referring to Charles

The link to the interview is below.

https:

//youtu.be/X-6Lv5aWKag?si=nrRykwR8q3PpOZwu

I don't know why so many people are writing this off when clearly, only Amsden has been drilled and tested, making up 6% of the well and already showing Helium.

This to me is good news.
Posted at 14/11/2024 08:12 by lord loads of lolly
suet - I totally agree with you & diggit.

As I said yesterday, these “nudge, nudge, wink, wink” RNSs & interviews move us no further forward. They simply encourage two wholly opposed interpretations, depending on whether you’re a Hex supporter or detractor. You only have to read the recent posts here (& more notably on LSE) to see that.

To me, the words in this latest Proactive interview sounded positive. The body language less so. Bo had a rather false fixed smile on his face as he said “we’re very excited….̶1;

I don’t read too much into that at this stage though. Could just be he’s knackered (a lot’s been happening these past few weeks). And as others have said, he probably wasn’t best pleased by the apparent leaking of news, encouraging Hex to issue a premature RNS & do an unscheduled interview with a smarmy presenter.
Posted at 13/11/2024 12:08 by jungmana
Nice one"A bull might point to HEX's plans to go to the H-NAT 2024 conference in Paris on Nov 25 & 26 - hard to imagine Helix bothering to show up at the world's leading natural hydrogen showcase with nothing to show for it.I remain of the view that HEX is the best helium play for 2024 - though Pulsar is definitely running the same race."
Posted at 28/10/2024 11:14 by tidy 2
0.5pc He. is considered highly profitable to Hex. The initial helium readings in the Amsden and Charles were 50x and 130x above background. For comparison He1 had 20x above background. In addition Hex found Natural hydrogen in the flathead formation plus Heliun with 10-11pc coming to surface bubbling in the drilling muds. Let's see how it pans out but it is looking quite promising.
Posted at 22/10/2024 17:51 by lord loads of lolly
I’ve been surprised at the relative lack of movement (up or down) with Hex.

Sure, it fell a few pence when the shale issue was first announced. And it rose a few pence when they revealed this problem had been solved. But both times, by less than I’d expected.

I guess we’re still in nomansland. Some obstacles have been overcome, but we still don’t know for certain what the next week or so will bring news-wise. That uncertainty, coupled with global market volatility right now (what with the Middle East, Ukraine & the US Presidential election) are probably what’s behind the current muted response to Hex.

That said, if commerciality becomes reality, I very much doubt we’ll remain in the 20p zone. Equally, if the news is bad or qualified, the mid teens at best might well beckon.
Posted at 21/10/2024 09:08 by tidy 2
Don't worry about that. Hex has double the cash they need for both Ingomar and Rudyard operations. Both operations will be running alongside each other by the end of the month. Rudyard had the highest COS prior to Ingomar proving it had target gas in every zone expected with the addition of high concentrations of natural Hydrogen in the deeps. Bill gate and Bezos have been funding juniors to search for Natural hydrogen btw Hex has stumbled upon it in search of helium which they also found.

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