Helix Exploration Share Discussion Threads

[hooded claw] 05/9/2024 11:24

I am pretty sure you said 4 weeks just to source when I said it was 4 weeks to source and mobilise ... anyhow, it doesn't matter, I am happy to sit and wait.

[adw198] 05/9/2024 11:07

You’ve lost me then mate.
You quibbled me correcting your false claim it would take “UP TO 4 weeks” when I stated it’d infact be “approximately a month” to source and mobilise by saying

“ADW ... there has been more info since the RNS that proves otherwise but you may believe whichever version you wish”

No idea what you meant then, but you certainly can’t or won’t direct to me “more info”.

[hooded claw] 05/9/2024 10:53

I said they have given a little more information on the well ... NOTHING about timeline etc. so can't help you.

[hooded claw] 05/9/2024 10:47

Did I say anything about timeframe ???

[adw198] 05/9/2024 10:44

@hooded claw

Would it not be easier to just direct me to the interview / article which gives a different timeframe to the RNS which stated

“Casing operations will therefore require a different rig to handle 7" casing, which may take approximately a month to source and mobilise”

Which you translated to

“Up to 4 weeks to source AND mobilise”

It’s a fairly small difference so perhaps you just misspoke. No big deal mate, take the chip off your shoulder.

[taffevans] 05/9/2024 10:39

Well if you ask me the price drop over the last few days is absolutely MADNESS. Not quite as mad as those thinking it is a good idea to sell though lol

[tidy 2] 05/9/2024 10:30

Ultimately guys they have discovered not only that Helium exists here but that the asset is bigger than originally expected with the addition of extremely high Hydrogen content and the gas zone in the Cambrian goes deeper that the rig was able to drill. All funded well within budget for EWT and production ready completing.

[hooded claw] 05/9/2024 09:57

There is one video interview but there are other written interviews but if you aren't convinced by what Bo Sears has said then the others don't matter much :)

[adw198] 05/9/2024 09:45

@hooded claw
I only saw one, which didn’t give timeframes.



If there’s another one that states they’ll be doing it quicker than the RNS then I’d be keen to see it, so could you highlight what exactly you’re referencing please?

[thehitman1] 05/9/2024 06:37

Good points that will impact the share price over the next few weeks.

[hooded claw] 05/9/2024 06:32

Adw1984 Sep '24 - 20:47 - 92 of 94
0 0 0
@hooded claw what’s the extra info you’ve referenced please?

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

The interviews since the RNS

[divmad] 05/9/2024 06:15

Jungmana, from your past posts, I do not consider you to be a buy and hold investor in your investment style.

[lord loads of lolly] 04/9/2024 22:07

cyberbub - quite possibly. But to my mind, none of those will offer much share price support (unless they happen significantly earlier than currently assumed), as we already know they’re due.

A lot of people assumed previous milestones would lead to a significant upwards re-rate (me included to some extent). But these largely failed to materialise. I suspect it’s really only significant news of proven commercial finds that would be a gamechanger here.

[cyberbub] 04/9/2024 20:51

I imagine that we'll get an RNS (or at least a tweet) when the casing rig is contracted, when it arrives on site, and when it starts work. So there will be several bits of share price support over the next few weeks IMO.GLA

[adw198] 04/9/2024 19:47

@hooded claw what’s the extra info you’ve referenced please?

@lord loads you’re by far the most sensible and balanced poster here. As you’ve said nothing will happen here now for several weeks. It’s not just a delay either it’s money, along with the risk of further complications. I suspect it’ll drift lower and fully funded does NOT mean no raise.

[tidy 2] 04/9/2024 15:30

I also suspect they want to see the full extent of the Cambrian payzone which was beyond the depths capabilities of the current rig.

[hooded claw] 04/9/2024 15:24

TBH the only downside was a delay and that was backed up by the Bo interview which I thought would be coming to explain it to us as some tend to panic too easily.

[tidy 2] 04/9/2024 15:22

Yes I did disregarding the potential of what was found in the ground and looking at the chart. I expected the market to go for the downside but I was wrong.

[hooded claw] 04/9/2024 15:17

tidy ... so you admit you acted irrationally saying this was heading for 10p ?

[tidy 2] 04/9/2024 14:57

Something has lit the blue touch paper here.

[hooded claw] 04/9/2024 14:47

I can only get a quote on £1k's worth ... that's why I think this won't drift lower than current levels

[tidy 2] 04/9/2024 13:32

There is logic to that although there is also logic in holding regardless as the asset is more derisked since we know more of what it has. HEX have good communication with holders and as they were already 2 weeks ahead the delay is not as great as it first seems at face value. They still have samples they can work on in the mean time and any findings will be reported to the market. Plus Rudyard is not affected. Of course it goes without saying we are all ready for nice top ups if given the opportunity

[lord loads of lolly] 04/9/2024 12:47

tidy 2 - why will it still be a “news rich period”?

On the contrary, I believe there won’t be much to update us on until the revised rig is sourced & mobilised.

That’s why I converted half my holding back into cash. Because I reckon the share price may generally drift over the next couple of weeks, given the relative lack of newsflow, offering better opportunities to buy back in. Just as it has done so far today.

I may be proved wrong of course (which is why I still have half my original stake invested). But IMHO there is at least some logic in my thinking.

[jungmana] 04/9/2024 12:36

Yesterday's short and sweet interview incase anyone missed it;10%-11% hydrogen in the mud flowing of the wellAnd confirms fully funded for everything going forward