Helix Exploration Share Discussion Threads

[jungmana] 28/8/2024 06:21

The 103,000ppm is 10.3% . That's extremely high hydrogen content. Eg he1 had 2% hydrogen content from Itumbula

[hooded claw] 28/8/2024 06:20

cyber ... won't the question of commerciality be answered in 6 weeks ? (Wireline, Completion and 4 week test)

[lord loads of lolly] 28/8/2024 06:19

cyberbub - whilst no expert, I share your slight apprehension here.

To me the RNS muddies the waters, creating doubt as to the relevant likely proportions of He v H down there. I’m assuming the commercials for H would be far poorer than He.

I guess today’s market opening will soon tell us whether any of these concerns is justified.

Having to wait several more weeks - as Hooded Claw refers to - before a conclusive answer can be given is understandable but a definite headwind.

[cyberbub] 28/8/2024 06:14

I hope your right but I'm interpreting this RNS as poor news not good news? If it had been good news they would have been shouting about it? High helium levels but no percentage given (as they did for hydrogen), could mean 0.1% which is still much higher than background, but not commercial.

[jungmana] 28/8/2024 06:11

- Wireline logging and appraisal via extended flow testing will commence shortly to enable the Company to assess the helium and hydrogen concentrations. 

[highrisk1] 28/8/2024 06:11

Yeah and hopefully we move into the 30s with that news.

[mynameiskhan] 28/8/2024 06:11

An excellent news! Helium in all zones + additionally, they found hydrogen as well.

[jungmana] 28/8/2024 06:10

Good news with the high level of helium in all target zones. Also exciting is the hydrogen in the precambrian. Now we waite for the wireline log and flow test before declaring a discovery. So far looking very positive

[cyberbub] 28/8/2024 06:07

Comments anyone?

Clearly not what we hoped for, or else it would have been blaring "Helium found". Is there a possibility that the helium concentration could still be above 0.5% (ie commercial) after testing?

Is the hydrogen (ie. 'gold hydrogen) possibly also commercial at those values?

[jungmana] 27/8/2024 16:57

"A lot of AIM companies are quite happy to throw around large discounted fundraises.#HEX is not one of them.There is a range of options available to finance this project without having to go for large-scale dilution."Chairman David Minchinhttps://x.com/HelixExp/status/1802944334049992802?t=1_80ef5qhknkfHT8D3dN1g&s=19

[lord loads of lolly] 27/8/2024 16:28

Hooded Claw - I AM perfectly calm already thanks.

But your continued concern about my welfare is greatly appreciated.

[hooded claw] 27/8/2024 16:03

Lords .... calm down. Just mentioning it ....needs proving first but not a bad reminder of what is down the road

[lord loads of lolly] 27/8/2024 15:27

Hooded Claw - so you think ANY Company Director will say they're surprised at how over-valued their stock is?

Personally, I always feel it's a bit of a red flag when Board members start implying their company's under-valued. Not that I'm negative on Hex. I remain a holder.

But I don't like ANY Directors trying to talk up their own share price. Actions & results are the only thing that can do that sustainably.

[jungmana] 27/8/2024 14:21

HEX included in this article;

[hooded claw] 27/8/2024 13:20

Anyhow, good luck to all genuine holders (Hooded Claw included, if applicable).

Yes I am genuine and I just bought more at 20.45p :) Just been watching the presentation where they are not happy with an share price of 25p so a nice juicy 20% discount to what they believe is already too cheap :)

[highrisk1] 27/8/2024 13:13

looks like the pesky seller is back, selling 50ks.

[lord loads of lolly] 27/8/2024 13:00

Hooded Claw - you say: “Almost correct ... I said I had bought this morning so it means less than 1% is anything from 45 shares to 1,234,014 shares :)”

I say, sure, but my post assumes you could also just be telling porky pies 🥧


Anyhow, good luck to all genuine holders (Hooded Claw included, if applicable).

[cyberbub] 27/8/2024 11:55

If there had been any bad news leaked out then we would be 30%+ down... Of course that doesn't mean there isn't bad news, just that nothing has leaked...

[hooded claw] 27/8/2024 11:47

"Mind you, less than 1% could always mean zero."

Almost correct ... I said I had bought this morning so it means less than 1% is anything from 45 shares to 1,234,014 shares :)

Also I could be buying in just before disappointing news so we will have to wait until the next news to see if they are good buys or not.

[highrisk1] 27/8/2024 11:47

Hopefully, only good news and not good news with bad news like HE1.

[highrisk1] 27/8/2024 11:46

Come on HEX, lets have the good news.

[roy keane] 27/8/2024 11:23

JungmanaHow many times she shafted shareholders yet shareholders keep goin back.

[lord loads of lolly] 27/8/2024 11:15

Hooded Claw - so you "Just worked it out ... & have less than 1% so no need to notify :)"

Yeah right.

Mind you, less than 1% could always mean zero.

[jungmana] 27/8/2024 09:43

highrisk, he1 is only good for trading. Lorna has no respect for pi's and expect another placing there before september runs out.
The entire he1 BOD own less than 0.3% of the shares thats why they keep constantly diluting at huge discounts without care.