Let's get past 20p again and see |
Hello hello. Bit quiet on here today considering the mini spike |
Nice little rise today. Here’s hoping for a positive AGM tomorrow and us back to the high15’s. |
The future gets brighter as Broker uplifts Target.
Happy Days Ahead...Wednesday Great News Update |
Remember it’s the AGM this Thursday. I believe there will be a presentation and who knows maybe more news.
Anything under 15p is an absolute snip. Great value. |
Halfwit....what company are you talking about ? |
..Expect RNS after results review together with a statement on a Partner which should be Transformative.
Higher Highs and Breakout as Progress Succeeds...Beyond Expectations.. |
re "Repeated failed helium companies same prospect, all promising Helium from the company making find" seems to be a bit erroneous as both co's have centred ops on the same play as Montana only in Canada as Canada pushed for helium production as an industry building their own production facilities.
Welcome other input as ever but can find no problem with the wells mentioned above myself it just having the Canadian end of the plays and being encouraged to do so they've made that their core interests and spent their funds there.
Find their ops in Canada comforting for success at Montana myself but only for a co. that has its own plant. |
I know Bo Sears has no intention of selling shares and I'd imagine DM is exactly the same. |
OhWotFun
The locked in shares are held by Bo Sears and David Minchin.
If they start to sell their shares then there's reason to be worried.
My guess for what its worth is they WONT be selling. |
Who you working for? |
 The point of all this……
If you check the admission doc it states (in basic terms) for all the broker and company comments.
Zero liability for the accuracy of the content of the document.
With a catch all of read the document IN FULL, AND do your own research into the company.
All I have done is provide a mass of missing information.
The company could have included all the detail about the history but have avoided it at every opportunity.
5.5m shares exist at 1p with the early backers who stumped up £55k.
There are also 17.2m shares with them at 5p.
All for creating a company transferring about 11k of leases which for all we know (without the data) could have cost $1 to $5 per acre as that’s the range on dormant areas.
Then you have 4.8m warrants across the brokers and the like.
Locked in shares up to 9th April 14.9m. I haven’t fully checked re others yet.
They have to sell them through the brokers with a 5 day timeline for a broker to sort an orderly market.
So it has always been the case to promise like hell this last year to make as much money as they can for the early backers.
It seems like nothing more than 11k acres of leases which is easy and cheap in Montana for unexplored unknown levels.
It’s only fair that retail know the full extent of the area and history rather than the company and the brokers with millions of reasons to pump it and sell out to retail.
The founding partner sold at 10p 10 mill shares at IPO.
5.5m shares held at 1p poised for April at over 10 times their value.
Repeated failed helium companies same prospect, all promising Helium from the company making find.
That’s the reality of it.
Let’s see how keen the ones in the know are to hold onto their shares once the 12 months is up.
Watch out mid April, keep an eye on any large late reports, after market trades etc.
Good luck.
Rudyard is unproven re flows, very few wells ever went into the red river/souris.
Bair did in 1960, Weil did twinned into Bair 2012, Darwin is simply another well near Bair/Weil so the result was always going to be identical.
Let’s see where Linda appears, anywhere near those and it’s going to be the same result.
What other news can they muster before 9th April……..
Lease acquisitions, they are 2 a penny in that area, dormant for decades. |
bad gateway.
That article was Nov 2021 but parts are still relevant.
Looking at Global Helium’s website they seem to have lots of Helium rich land (millions of acres in fact) but no production. They must have recently thought ‘we need to stop hoarding, slim down, focus and GET PRODUCING…,217; probably in Canada where I understand they’re building a processing plant.
A re-focus by them is why we could have got their Rudyard land at a snip. The lease may also include some modest landowner production royalties so they had pressure to develop or lose. Who knows? I’m speculating. There are always numerous potential reasons why you get a good deal. What we do know is our CEO Bo Sears is one of the best connected guys in the Helium, North America arena so such cracking deals would normally cross his desk.
It’s certainly now all about focus & production for Helium companies. Make hay whilst the sun shines… That is actually what Helix is doing. |
Thats correct ohwhatsfun but they were always mainly interested in their Canadian plays. US was third in line re their priorities and they don't appear to have been cash rich so still wonder how they were going to be able to build a plant?
"Post-acquisition, Global Helium retains over $9.5 million in cash on its balance sheet and is the second largest land holder of helium rights in Canada. Global enjoys 100% ownership combined with royalties of less than 5% resulting in greater than 95% Net Revenue Interest.
“We continue to advance our strategic priorities which include: (1) expanding our Saskatchewan land holdings, (2) evaluating our land base to advance several prospects to the drill stage, and (3) identification of other prospects across North America. We are very pleased with our progress in all of these areas,” states Wes Siemens, Global’s President.
The Company’s current landholdings are in Saskatchewan’s famed “helium fairway,” home to most of Canada’s helium reserves and production. The region’s helium reserves have been tested and produced in concentrations of over 2% since the 1960’s. The original helium discoveries were made pre-1960 as early explorers for oil and natural gas in Saskatchewan found an abundance of “inert, non-flammable or non-combustible gas” containing primarily helium and nitrogen. |
Crikey. I see Ohwhatfun is back to his manic postings. No doubt desperate to create negative vibes by any means. He obviously hasn’t heard of the art of subtle deramping. My bet is he has a Tourette’s like personality, is an incessant fidget and blurts things out in meetings. |
It’s quite handy when you have a mate in that area that lugs the machinery in those industries around |
Zak Mor
He’s pumping it, he has history on a few other crazy ill-researched companies.
But the details are not important are they mugging retail for profit is. |
Bad Gateway
It’s the same site that Global Helium said they were going to build a helium production facility on (2022 news) something like forecast up and running late 2023.
Game changer, easy money, high returns etc.
Fast forward to now, sod all happened, they have over 1.5m acres including the Canada area.
The Weil 1 area that’s where they were going to put it, right where Helix are now game changer high returns etc etc.
Bo has been in the game for years. Clearly can’t get the backing of low cost multiple returns on your money in the US??? so off to the AIM to get millions there.
Before it even starts the original founders and backers are in the money.
Shares at 1p shares at 5p, shares at 10p
1.2m shares to Adam for looking for and finding his own leases, that looks and smells like a complete con, and paid way over the going rate per acre in Hill county.
Amazing how quickly the deal was done post listing.
Such acreage goes for $1-$5 in the barren areas like Hill county. |
and weil appear to have sold it as they were building a helium plant in Canada for $10M.
Maybe it simply wasn't core to their business? |
Maybe it was the cost of production facilities that made them sell weil 1? If they didn't have their own plant then sounds really expensive for a smallcap.
"That requires filtering and concentrating processes mostly onsite, and such plants can be costly to build, upwards of $20 million according to some projects of publicly traded companies.
Weil, which is privately held, is not disclosing cost estimates for the Medicine Hat plant, but Vogt said its modular nature and ability to move sites makes it much more “cost effective” comparatively." |
john henry - well I for one happen to give a 4X as a holder here.
Given the points you make & the imminent known Rudyard revenues, why do you think the share price continues to languish?
Admittedly markets are weak right now. But if things really are about to take off here, the price seems way out of whack. And it has been for some time now. Which doesn’t normally happen unless investors don’t fully believe in the upside potentiaI.
I’ll continue to hold, but won’t be adding, as Hex hasn’t followed anything like the trajectory most of us were expecting by now. And that in spite of regular - & mostly positive - newsflow. |
Here is the news
The first well mentioned is Bair, the 2nd 2012 is Weil 1, previously owned/drilled by Bo/adam under Weil resources.
Weil obviously sold it all to Global helium who have just binned it back to Bo.
Next up……….
Helix acquires amazing company making assets from Global Helium, game changer wooo hooo.
I bet the news is already typed out,
If Linda well is anywhere near the other 2 I can give you the gas read out before they tell the market.
Stay tuned |
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