Helix Exploration Share Discussion Threads

[ohwhatfun] 12/3/2025 15:48:51

Hooded

Well done on the header, nicely done.

I recommend you look up Avanti Helium TSX who are West of Helix in the Sweetgrass arch area.
That will give you a good idea of the reality. 1% Helium found just like Helix (funnily enough).

Avanti same hype company maker share spike peak something like $3 bit more recent times 30 times lower than that 10-12 cents etc. Years of failure same area.

It’s the reality v hype.

Why did Weil (Bo) ignore it for 12 years, why are Global Helium happy to ditch a well with an amazing company making Helium find in it and a shed load of local acreage.

Sales BS, selling the dream, then comes the reality.

[d1nga] 12/3/2025 15:44:25

Every one of these helium set ups look to be scammier than a scammy thing

Just short the hell out of any spikes is the trsde in the whole lot of them... 😎

[halfpenny] 12/3/2025 14:04:57

..Smart Investors move in as opportunity gets brighter.

Future brighter revenue soon. RNS

[xongkudu] 12/3/2025 11:36:48

With Linda news early next month and anticipated production in June, this should start building a head of steam very soon. Investors will take advantage of any share price dips by simply buying more.

Interesting times…

[hooded claw] 12/3/2025 10:28:28

"$250k + 1.2m free shares plus $1m plus for each well drilled."

Not sure where you are getting 1.2m shares for each well drilled ? He got 600k shares for sale of Rudyard plus $250k

If you do not trust Bo then you shouldn't hold shares here but he will trash his reputation as you seem to suggest they won't produce anything.

[thomas11] 12/3/2025 10:21:26

Adds a little bit more to the RNS

[lord loads of lolly] 12/3/2025 10:03:47

xongkudu & Hooded Claw - hopefully you're both right.

And yes, of course it costs money to exploit any asset. But if you were confident that asset would produce $4m annually, I still find it odd you'd accept just £230k for it.

Why not buy a processing plant yourself (even if you couldn't secure one at the knockdown price Bo apparently achieved)? Payback would be pretty quick still, assuming you were confident of a $4m annual return.

[xongkudu] 12/3/2025 09:29:50

They sold the asset to Helix because cash is king and it costs money and know-how to develop, let alone produce. Yes..Helix got it at a steal but the vendors walk away happy as well.

[ohwhatfun] 12/3/2025 09:29:42

Weil 1 results so you don’t have to wait.

Nitrogen 96.5%
Methane. 2.5%
Helium. 1%

Various fractions of other gases cover the other 1%


That is the well Bo drilled under Weil resources 2012/2013 Adam (consultant 600l shares gifted) drilled that well.

Weil resources binned it to Global Helium, Global Helium just binned it to Helix.

Helix drilled Darwin just a stones throw from Weil 1, and declared an amazing discovery, a company maker that Bo and Adam knew about 12 years ago as they drilled it and got the results.

Adam for his 600k shares as a consultant to find leases, then found leases (his own) near Weil 1 which he got $250k for and another 600k shares for finding his own leases, which was obviously preplanned before IPO.

Production ready?

What about the plugging and abandoning of that well with a heap load of cement.

Why AIM not TSX.

Well Avanti Helium is on TSX as a neighbour on the same are 1% Helium souris river etc and have been a complete failure.

Share price spike to start with a drop of 96% as the reality unfolded.

20+ mill locked in shares are 4 weeks from being free to sell.

In among them are 1p and 5p seed shares.

Other companies binning the asset as a non runner, Helix calling it a company maker

Good luck, you are going to need it.

[hooded claw] 12/3/2025 09:29:02

suetballs ... fair enough ... I am in the same boat

[suetballs] 12/3/2025 09:27:49

Claw - I think maybe the Trump battering is getting to me a bit.
I will not be reducing my holding here but probably not increasing it either.
Good luck to us all.
Suet

[hooded claw] 12/3/2025 09:02:51

suetballs .... nothing has really changed. When they were not testing Flathead then Clink 1 wasn't going to do much and would be redrilled in Q3 (mentioned back in December).

The only thing that has changed is they only need to drill one more well now to be producing from 3 in 4 months.

[hooded claw] 12/3/2025 09:01:23

HC - who sold Weil 1 to them and why do you think they accepted £230k for an asset if it’s capable of generating $4m post tax annually?

=====================================

It's been sat there for 13 years generating $0. They get something back and HEX can connect to PSA and gain revenue.

[suetballs] 12/3/2025 08:30:45

I'm certainly less bullish here now - I need to see some cash generated from sales.
As always cash is king.
Suet

[xongkudu] 12/3/2025 08:27:51

Seems that most people can see the bigger picture and brilliance of Rudyard news. The buying is impressive.

[lord loads of lolly] 12/3/2025 08:26:38

HC - who sold Weil 1 to them and why do you think they accepted £230k for an asset if it’s capable of generating $4m post tax annually?

No good just saying sell up if you don’t believe the story.

My questions are genuine, I remain a holder here and am not trying to deramp (as if one PI would have any influence on the share price anyway).

I just don’t think this transaction adds up.

Notwithstanding the disappointing Clink 1 update, why would the share price be trending lower if Weil 1 was such a snip?

[hooded claw] 12/3/2025 08:20:57

As mentioned they drilled the well earlier .. and Rudyard as a whole was bought for $250k and 600k shares so you can't company cost paid to value.

If you think $4m post tax per well is wrong then I would sell now IMHO

[cashandcard] 12/3/2025 08:15:32

In all fairness I think the $4mln pa from this well not realistic, an ambitious targetaybe based on what they know now perhaps. Agree - it would not have been this cheap otherwise.However, if they can recomplete it so the well can produce good pre-tax cash, for several years, there is some merit to it.Cash

[purple11] 12/3/2025 08:09:40

stinky HEX

[lord loads of lolly] 12/3/2025 08:07:21

My gut feel is this update doesn’t stack up.

How has Hex managed to acquire Weil #1 for just £230k, when it “has potential to generate a further $4 million per year of pre-tax cash-flow”?

If that potential’s likely, why on earth would the seller accept such a low price? You could argue it’s down to Bo’s superior knowledge & negotiation skills. But I suspect there’s more to it than that.

Either that $4 million figure is highly speculative still or Bo’s resuscitating an asset he already had his paws on when working for a different outfit & is now re-acquiring it under a new “wrapper”; & with shareholders’ money rather than purely his own.

[purple11] 12/3/2025 08:02:56

dump this junk and buy GEX for real gains

[hooded claw] 12/3/2025 07:53:17

ohwhatfun ... I did think that when they mentioned the older well but it does save $1m from drilling at Rudyard so worked out OK in the end.

It does feel like Bo's plan unveiling as we go along but I don't see how HEX are "failed promises" ?