"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! |
Xmas Rally this week as Traders on Holiday and Low Volumes cause a Rapid Increase so get ready and on the Train...Full Speed Ahead... |
Yeah Rachel from accounts and 2 Tier have well and truly effed the economy after signs of growth was returning |
AIM is no longer an Investment market.It's a pure Traders market. |
IMHO we will see an upgrade in Rudyard CR early January. |
Historical flow results from the Charles are shown to have low flow rates.I'm not holding out much hope for the Charles. However the Flathead may well be commercial |
This sell off here over the last 3 days is insane after such an excellent Darwin results.Hex has been highly derisked and personally am looking forward to results from Charles and flathead zones in January.Imo this should be 30p+ right now. |
With Uk growth now shattered peeps are also less likely to want to buy any shares.
Confidence is very low and this will a have a negative impact on share prices.
ftse looking to head below 8000 - yikes!
Suet |
Indeed , not particularly concerned as it's a solid medium to long term investment but it's in the hands of traders due to some erratic messaging and expectation management.Confident enough to have added to my holding so seeing the drop as a positive in that respect. |
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