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. |
Hitman, the market clearly disagrees with you. |
Yes it is, the company have stated multiple times that anything around 0.5% is fully commercial. And as seen on HE1, "multiple" was a lot more than 4x! |
Muted share price response to great news?
Or do we need further testing?
Suet |
Times that by 4, still not commercial. |
0.13% helium is at the low end of commerciality, but that's only the diluted flows in the drilling mud! The undiluted flows should be several times higher! |
Jungmana. My bad. Got hydrogen and helium data mixed! |
https://www.proactiveinvestors.co.uk/companies/news/1060487/helix-exploration-says-rudyard-significantly-surpasses-expectations-1060487.html |
Anyway those trying to compare with he1 there is their full TD rns for Itumbula. So far Rudyard beats it |
Don't be stupid , here us the full rns. We are talking helium shows not hydrogen |
Purple, this is looking great. As I said Itumbula at this stage only had 20 times background helium level. |
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