"Unless anyone has seen something specific, I suspect that Rudyard has probably been delayed a few weeks by the casing problems at Ingomar?"
Cyber ... Precision Drilling is currently at Ingomar and Treasure State Drilling will be working on Rudyard (after the did they initial drill at Ingomar) so Rudyard isn't being held back by work at Ingomar. |
The news flow has started. Cant wait for the hydrogen figures.Plus Rudyard operations to run alongside Ingomar.Flows EWT Drill Flows EWT all the way to Xmas now. |
EWT on both will be completed before then but alas Bo has spent many years on the fairway he has it in hand in his plan. |
Only Ingomar was slightly delayed due to the mowry which required a bigger rig for the casing but this rig also allowed them to deepen the hole to reach the full extent of the natural hydrogen payzone. Different rig for Rudyard still on track as planned. |
My sister lives in BigFork Montana winter coming in now ! Won't stop Bo and his Crew just yet ! Come January it will be harsh |
CEO Bo Sears on #Hydrogen shows at Ingomar:"We have a wellbore with hydrogen shows.If it's there, the world is ours"October promises to be very active with 2 drills:?Re-entry at Ingomar to commence soon?Appraisal drilling at Rudyard in OcthTTps://x.com/helixexp/status/1840995060218777738?s=46&t=bZL80vMI6HUgaShSFUmNuQ |
Fair enough, Bo is going to be running around a bit then!! |
No not delayed Rudyard on track as per rig schedule for it. Drilling operations commence end of month. Both Rudyard and Ingomar operations will run alongside |
Unless anyone has seen something specific, I suspect that Rudyard has probably been delayed a few weeks by the casing problems at Ingomar? Not a problem normally, although it's coming into the harsh winter which can make it more difficult (though by no means impossible) to work. |
And that's besides Ingomar and the high concentrations of Natural Hydrogen plus Helium now found in |
All good now Claw |
Box ticked .....CEO Bo Sears on #Hydrogen shows at Ingomar:"We have a wellbore with hydrogen shows.If it's there, the world is ours"October promises to be very active with 2 drills:?Re-entry at Ingomar to commence soon?Appraisal drilling at Rudyard in Octhttps://x.com/helixexp/status/1840995060218777738?s=46&t=bZL80vMI6HUgaShSFUmNuQ |
In June, Oak Securities set a price target of 93p for Helix, following HEX's acquisition of the Rudyard discovery in Montana for US$250k in cash and shares. Helix is currently trading at 22.77p, giving it a market cap of of just under £30m on the AIM market. If realised, Oak's valuation will send Helix out of the ranks of junior resources companies and towards the mid-tier.
Oak values Rudyard at c. US$85m as it is estimated to contain contingent resources of 0.48 bcf of helium, with additional upside at greater depth. Oak's unrisked valuation of Helix's overall portfolio is 187p/share. In addition to increasing HEX's resource base, Rudyard should enable near-term cashflow.
Helium is in unprecedented short supply as demand for high-tech applications continues to surge. Demand growth estimates CAGR of 6% from 5.9bcf/y in 2023 to 8.7bcf/y in 2030. |
NP bloomberg ... no idea why you were down as blocked. Apologises. |
Note a 10x vote up on that post please. |
Nice one Claw |
Tidy ... and that's the one being tested first ... I wonder why ;) |
hTTps://www.share-talk.com/helix-exploration-aimhex-successful-re-entry-of-clink-1-well/ |
The bottom natural hydrogen layer is the brucie bonus for me. Very mouth watering as this wasn't expected and Bo states the world is ours it could be a world No1 asset. |
bloomberg, see messages |
"If multiple formations are deemed suitable for testing, each zone will be tested independently from the bottom-up to allow for isolated tests over each interval."
So possibility of a few results RNS's, rather than one complete one, which will add to the picture as it goes along.
Just gets better and better the more I think about the news in the RNS. |
Bo is in make up right now ! Last interview looked a bit rough on Proactive! |
The claw has blocked me for some reason !! Yeh definitely Elon looking for helium deposits for his huge space x program |
Hex tweets Operational Update: ?Successful re-entry & deepening of Clink #1 at Ingomar Dome?Mowry shale cased at 2,622ft?Clink #1 deepend to 8,550ft?Next up: production casing & testing formations for #Helium & #HydrogenA significant milestone for the Company!hTTps://x.com/helixexp/status/1848255306234560977?s=46&t=bZL80vMI6HUgaShSFUmNuQ |