Helix Exploration Share Discussion Threads

[tidy 2] 29/8/2024 17:26

It has yes but helium is made by combining hydrogen atoms during fusion but parts of those hydrogen atoms emit away in energy. The weight of helium is greater than hydrogen but its atoms are more tightly held together making it smaller. Helium is used by engineers to find leaks Laymens understanding i am no chemist

[jungmana] 29/8/2024 16:30

Someone loaded there in 50ks

[jungmana] 29/8/2024 16:04

But element with the smallest atomic mass is hydrogen

[jungmana] 29/8/2024 15:59

Cyber, Helium is the smallest element in the periodic table

[thehitman1] 29/8/2024 15:42

Nice recovery hopefully blue tomorrow.

[tidy 2] 29/8/2024 15:08

Good post on LSE TiburnPosts: 6,565Price: 19.00No OpinionRisk AnalysisToday 15:55Always prudent to identify key risks for an investment, their likelihood and impact scale, develop a comprehensive understanding.1 - No commercial discovery - always possible, but results so far look positive2 - Funding by dilution for development - A risk - but BoD have other sources of revenue and leverage - not least Rudyard reserves3 - High development costs - infrastructure in place , road/rail access, power - this is not HE1 4 four hours from a metalled road.4 - Jurisdiction impacts - US the best jurisdiction for production bar none - low tax, supportive State, fast track Hydrogen tax credits/funding possible if this commercial - not subject to TIA constraints5 - Environmental - Sage Grouse nesting Spring season is a known constraint, work arounds in the prog developed by Helix could be expected. Enviro creds very high if Hydrogen possible, Helium produced without carbon emissions.6 - Production revenue long lead times - Helix estimate H2 2025 for production sales -Stated low-cost construction of a simple pressure swing adsorption plant and rapid commercialisation of the Project.7 - Upside and Scaling - Core holdings are substantial with further potential on lease owned - Rudyard for example has additional upside in the Dry Creek Formation. Other project acquisitions are inferred /possible but unknown at this stage.8 - Lack of Share price appreciation- Current position, but not for long its hopedUseful to further identify and categorise all known risks and mitigation

[tidy 2] 29/8/2024 14:59

Therefore it gives a good indication of the quality of the cap containing the trapped gas. Excellent

[cyberbub] 29/8/2024 14:40

Yes hydrogen is a smaller molecule (just remember your school periodic table!) and so even harder to contain than helium...

[tidy 2] 29/8/2024 14:31

They've got Helium all the way down in each pay zone increasing with deptThe hydrogen is 10.3pc in the lowest section Cambrian. Hydrogen is required in the process of helium. 4 hydrogen atoms are required to fuse Helium atoms so the closer you get to source the higher chance of finding hydrogen also. When helium and hydrogen are mixed hydrogen is easier to pick up as the gas percolates any and every cavity whereas helium tends to cling to other materials as its molecules are larger.

[hooded claw] 29/8/2024 12:19

I can't disagree with the posts reference the hydrogen. Rather than people believing it was a bonus the company seemed to have pushed the figure so some have thought "Have they only got hydrogen and no helium ?"

The market hates any uncertainty so here we sit but I believe the seller also upped their volume which created downward pressure.

It all hinges on the wireline test ... they need to be able to say "Yes we have got He and in a commercial concentration" to clear up any uncertainty.

I believe they will do that, and have taken a position accordingly, but it is in no way guaranteed.

[lord loads of lolly] 29/8/2024 11:28

worraps - agreed.

I think it spooked some investors slightly, as David has previously never knowingly curbed his tiggerish enthusiasm. Consistency is important for shareholders. And this latest interview wasn't totally consistent in tone with previous ones.

[lord loads of lolly] 29/8/2024 11:24

Adw198 - true. It's also worth remembering Hex has significantly hedged its bets. Most importantly with their Rudyard acquisition at minimal capital cost.

Deals structured largely through equity tend to be very smart, as everyone's interests are aligned.

[worraps] 29/8/2024 11:21

I think that the team have been served somewhat of a curve ball with the unexpected high Hydrogen level. So, maybe there is a new concept to decipher and appraise. I agree that the tone of voice and eye and facial expressions in the video were showing a sense of caution. But the words used were nonetheless positive and enthusiastic. I still feel that the potential is still huge here, and comparative low risk compared to other helium explorers, particularly on the finances. They were probably just treading carefully with their words due to maybe a bit of a re-think because of the Hydrogen. But as usual, with the easily panicked investors of today, particularly in AIM, we are seeing that panic in the share price. So, the sooner we have clarity, the better! I haven't sold a single share, and am prepared to be patient.

[adw198] 29/8/2024 11:19

@lord yes these boards get quite adversarial - unfortunately they’re often echo chambers.

On the commercially successful binary point…having some a bit more reading I guess a 3rd outcome is that we’re not immediately commercially successful but we’ve seen enough to carry out further exploration. This seems a very plausible outcome.

[lord loads of lolly] 29/8/2024 10:53

Thanks Hooded Claw.

We've had our moments of disagreement / heated discussion on this board, but I agree with everything in your latest post.

My main issue with most posters on boards is that they're either very positive or very negative for the main. So I like to inject a bit of balance sometimes. Even if I risk being cancelled as a result.

[hooded claw] 29/8/2024 10:49

Lord, I don't think you are a shorter just giving your thoughts.

The muddy puddle will be cleared quite a bit with wireline results in a few trading days. Commercial discovery will be after successful EWT.

So IF He % is decent there should be a rise in share price then and then 5 weeks later a larger jump IF months flow test went well.

This is of course just how I see it and that is why I believe this is a very good buying opportunity but nothing is a given.

[lord loads of lolly] 29/8/2024 10:40

adw198 - at the risk of being labelled a shorter / deramper / worse, I actually agree with you about yesterday's update. And that's despite being a holder & actually adding late yesterday pm (not the best of timing with hindsight!).

I posted as much when the RNS was first released yesterday. The news wasn't bad, but it was slightly more muted in tone than usual. And talk of the hydrogen find muddied the waters a bit, leading to some investor confusion & doubt.

This will ultimately be a binary bet on whether COMMERCIAL levels of helium are there or not. Yesterday's RNS changed nothing definitively. But it did cause the odds to worsen slightly in some peoples' minds. Hence the share price reaction yesterday & today so far.

[adw198] 29/8/2024 10:01

I don’t know what you want me to ask them?

@jungmana - do you have a view on why ydays news led to a circa 10% drop in the SP? Then compare and contrast to the much more positive RNS of 19th August which led to a similar move UP.

[jungmana] 29/8/2024 08:21

Yesterday's rns was clear and as DM said so far everything is as they hoped. Next steps is the wireline , acquiring fluid samples and 30 day's ewtIf you don't believe them why stick around making the same pointless argument over and over?Filter button is good

[highrisk1] 29/8/2024 08:19

adw, maybe you should contact the company directly and ask them.

[adw198] 29/8/2024 08:11

I’ve been very transparent about my position but to reiterate I bought 2 days ago in expectation of it going up mate. I didn’t think ydays RNS was brilliant as I think they found less Helium than they anticipated. I was hoping for more of the same as the previous RNS (which had “gas shows” in the title) and extremely bullish interview. I thought I’d got a nice entry but I was wrong.

In a share this volatile there’s money to (hopefully) be made either way.

[sunnyjim89] 29/8/2024 08:10

Everyone knew the timetable of events, so I don't get this question of it being commercial or not, that's what the testing will determine. The drill was a success no question about that. Soon we will find out if commercial, which I think is highly likely. Nothing is guaranteed if so this game would be easy.

[divmad] 29/8/2024 08:05

If you don't think it will be commercially viable, why are you a shareholder? Or are you?

[adw198] 29/8/2024 07:34

Yep we’ll have to wait, although obviously our role as investors is to read into things and or read between the lines.
That said I have no idea what’s needed to market this commercially viable. My hunch is it won’t be but I expect plenty of volatility in the meantime. Good luck folks