Morning all, I have added the link to the info above |
It's not a strong interview. Wish they said nothing |
Company interview posted below |
https://www.proactiveinvestors.co.uk/companies/news/1060560/helix-exploration-reaches-total-depth-in-darwin-1-well-reveals-high-helium-concentrations-1060560.html |
What today - and previous inconclusive RNSs should have taught us by now - is that only firm proof (or denial) of commercial reserves will move Hex's share price significantly.
Everything else is little more than noise - nods & winks which may keep all the keyboard warrior rampers & derampers happy. But actually tells us very little.
Either way, we should have much more of a steer here before the month's out. Fingers crossed it's in the right direction. |
""We are proceeding with a triple-combo wireline to further delineate our potential reservoir. With testing also ongoing at Ingomar, we are poised to evaluate our second well concurrently, marking an exceptionally active and promising period for the Company."" |
GEX has the largest independent prospective resource of all the helium and hydrogen companies listed in London. Next is he1 but location is a big negative for that one.GEX market cap GBP 8 million, he1 market cap GBP 60 million. |
Is the problem with Pulsar not that it only has a quite small prospective resource? |
Agreed Divmad, I hold both |
What is, Divmad? |
It's on a par with Sea for expected return Vs risk. |
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." |
Nice write up by Charles Archer today: |
Divmad - agreed. But it's not UP massively today either. Which suggests to me investors remain nothing more than cautiously optimistic for the time being.
An independent lab assessment of commerciality (or not) is what'll really drive the share price.
Either up or down. |
Hopefully may see interview today ! But he may be busy with both wells . To busy for make up ! Boo likes a bit of eye shadow and fake tan . Probably to busy for all that today |
#HEX Significant #Helium gas-shows at Darwin #1 well #Rudyard Project ???330+ ft of gross pay?Peak helium gas-shows at 1,312ppm, 250x ambient levels?Bigger closure?Untested horizons Results surpass all expectationshTTps://x.com/helixexp/status/1856599655448031515?s=46&t=bZL80vMI6HUgaShSFUmNuQ |
If the market really thought it was non commercial, hex would be down 25% today. It's not. |
GEX about to blow |
Thanks skipper.
Suet |
Suetballs, it’s the wireline testing which will provide a better readout as confirmed in the RNS:” The Company will now proceed with wireline logging at Darwin #1 to identify reservoir zones for perforation and testing. Testing remains ongoing at Clink #1 with results from first gas analysis to be announced shortly.”
That should not take long to complete imo. |
Good company bad market uk is broken |
Market thinks non commercial. |
Figures to date are diluted readings. It's already producing field and Hex have found 2 more pay zones not tapped into before. The field is already commercial the COS was high and now it's even higher. |
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