Q2 is my guess ( early 2025 stated in the rns)Was originally scheduled for Q4 before the acquisition of this second hand plant |
I very much doubt it'll be early 2025. All we know for sure at this stage is production will be brought forward from the end of the year - we wait to find out by how much. However I'm of course hopeful. |
JH ... that's even better news then ... but it won't be early this year ? |
Rubbish new modular plant will bring production forward 6 months or more. |
"First production at the Rudyard project is targeted for early 2025."
Dreamtwister, now that is BS. Originally they did have production by end of 2025 down but now they can expedite that by the condition of the plant but I would say by a few months max making autumn 2025 but certainly not early 2025. |
Journalist not up to date on all things HEX and Rudyard. |
 London has developed a peculiar passion for helium explorers, and we’d be amiss if we did not include one in our top stocks for 2025.
While the rest of the world has been caught up in the AI frenzy, UK small-cap investors have been piling into helium plays. Sanctions on Russia have disrupted the global supply of helium, creating a potential opportunity for new players to step into the fray and fill the gap.
Helix Exploration is one such company.
Helix Exploration has established a significant presence in the ‘Montana Helium Fairway’ with two major assets under its portfolio. The company, established by seasoned US helium industry professionals, holds 52 leases across the Ingomar Dome, an extensive 16,512-acre structure.
This primary asset boasts a P50 unrisked gross prospective helium resource of 2.3 billion cubic feet, with a potential upside reaching 6.7 billion cubic feet. Previous drilling operations have confirmed the presence of gas across all target reservoir zones within the structure.
Helix should be considered a high-risk investment, like most natural resources explorers. There is no guarantee any of the assets will make it through to production and, like most explorers, the company may also require funds in the future if it is to further develop its asset base.
Should the helium hype continue into 2025, one would expect Helix to benefit. |
Again , ridiculous |
"With the plant's demonstrated ability to produce high grade helium and its rapid deployment potential, we can achieve production both faster and more cost effectively than fabricating a new facility from scratch. This acquisition underscores our commitment to delivering shareholder value by fast-tracking our Rudyard project into production while maintaining financial discipline."
First production at the Rudyard project is targeted for early 2025. |
Dragon, was just pointing out the large difference and the fact is is hardly reflected in share price
I suspect your question will be answered when they carry out new resource calcs for Rudyard which should be released in the next few weeks. |
Yes facilities budget 3m in total based on other developments in the area. This is a great deal at these levels with a 500k price Tag. .
Future getting brighter more Value Created!! |
I would imagine they still have costs for infrastructure like concrete bases etc so I wonder how much if the $10m was budgeted for this plant? Any idea? |
Planned $10m for PSA plant and now they have one for $500k.
Costs for 4 wells for Rudyard were $13.6m but now is just $4.1m and plant has 98.5% average efficiency.
Value has to catch up with this eventually as it sure hasn't happened so far. |
..Get on the Train before RNS expected soon
Future getting Brighter for all |
“Securing this plant at a fraction of the cost of a new facility represents both a strategic and financial success for the company.” |
Steady rises will do me.
Nice to see Bo and co working between Xmas and new year.
Suet |
Could go ballistic |
New year present for shareholders. "This acquisition signifies a transformation for Helix Exploration from an exploration-focused company to a development-stage enterprise with a clear path to production. Acquisition and refurbishment costs are fully funded, allowing the Company to target first production from Rudyard earlier in 2025 while reinforcing the Company's commitment to operational efficiency and shareholder value creation." |
Pretty good news!The path to cashflow just got more streamlined.Cash |
Fantastic news there. |
Blue Sky Today with much more to come next week as RNS flow... |
mendell helium plc trading on the Aquis exchange "MDH.PL" worth a look ?
apols for the cross ramp |
Someone bought 200k shares there , reported in red an hour later |
https://youtu.be/lAacOHkQMzw?si=1LgMVB9KOUuMwP7M |
Ho! Ho! Ho! plenty of Suiters Circulating Ho! Ho! Ho! |
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