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HEX Helix Exploration Plc

10.30
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Helix Exploration Plc LSE:HEX London Ordinary Share GB00BPK66X70 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 10.30 1,396,901 08:00:00
Bid Price Offer Price High Price Low Price Open Price
10.10 10.50 10.30 10.30 10.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
13:24:07 O 7,322 10.23 GBX

Helix Exploration (HEX) Latest News

Helix Exploration (HEX) Discussions and Chat

Helix Exploration Forums and Chat

Date Time Title Posts
29/4/202419:54Helix Exploration, a helium exploration company8
25/4/202419:48Day one...124

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Helix Exploration (HEX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:24:0810.237,322749.04O
11:51:4510.3380,0008,262.40O
11:42:4310.304,733487.50O
11:31:4610.50101.05O
11:21:2110.10373.74O

Helix Exploration (HEX) Top Chat Posts

Top Posts
Posted at 25/4/2024 17:31 by monet
Helix Exploration is a helium exploration company with Chart's News

Admission Highlights

Oversubscribed placing with book of demand over £22 million to raise gross proceeds of £7.5 million

Market capitalisation on Admission of £12.2 million

Placing price per share of 10p

Net proceeds of the fundraise will be used to fund scoping study and appraisal drilling at Ingomar project in Montana

Project Highlights

Large Scale: Anticlinal closure mapped at surface over 16,512 acres with P50 gross unrisked prospective helium resources of 2.3 billion cubic feet ("Bcf")

Proven Gas: Historic drilling has identified gas in all target horizons in stacked reservoir system

Right Location: Helium identified at surface, on Montana Helium Fairway which is host to multiple helium discoveries and production

Veteran Management: Experienced team including CEO Bo Sears with track record in helium exploration, development and production experience

Global Demand: Helium in unprecedented short supply with price increasing at 20% CAGR over the last decade


X account (twitter)



Some useful links:-





target='window'>https://www.youtube.com/watch?v=3bITF1PKQjo
Posted at 25/4/2024 08:38 by sandcrab2
Can the share price be put in the header please?
Posted at 19/4/2024 08:06 by captain james t kirk
Folk seem to be unaware of what's going on. This transaction should be nearly completed and then warp drive can be engaged.

“Sale Shares” the 10,000,000 SPA Shares to be sold by the Selling Shareholder
pursuant to the Vendor Sale

“Vendor Sale Agreement” the conditional agreement between (1) Greenway Royalty Partners,Ltd. and (2) Oberon Investments Ltd pursuant to which the Selling
Shareholder has agreed to sell and Oberon Investments Ltd has
agreed to purchase the Sale Shares at the Placing Price on
Admission;

For the avoidance of any doubt, it's very obvious that the 10 million shares are being churned on an orderly basis.
Posted at 19/4/2024 07:02 by kiplig
The other reality is that this stock, we're reliably told, was oversubscribed by £15million. Yet in Les than 2 weeks it is bid at the ipo price - zero premium. None of those who missed out appear to want the stock now, and there is undoubtedly many holding more than they wanted, having been told by their brokers, as I was, that it was 'hot'. So the strategy for many is to upscale the ipo bid anticipating a large scale back, and then sell a proportion out at a profit to average down - or even free carry - the entry price.This hasn't worked, so some holders have too many and are on the precipice of taking losses, and are only now waking up to the fact this is out and out exploration - there has never been a well on this acreage which has tested positive for helium. It is all nearology.
Posted at 16/4/2024 23:18 by jungmana
Oak Securities Broker Note cont'd - 16 April 2024>> Q3'24 Low Cost and Risk Multi-Target Exploration WellYesterday's news announcing the appointment of PetroleumConsultants LLC puts the Company on track to spud a low-costexploration well (~$2.5mm) in Q3'24. The well is targeting amulti-stacked play concept with four separate prospectivehorizons.Helium has been proven regionally and in the vicinity of theAsset, meaning that the Geological Chance of Success("COSG") is higher than would otherwise be expected; theAmsden formation alone is estimated to have a COSG of 42%.>> Strong ManagementThe Management has extensive experience in the helium sector,which, more importantly, crosses the technical and commercialdivide. We consider the team at Helix to be a feature thatdifferentiates it from its peers.>> Positive Operating and Sales EnvironmentMontana is a mature oil and gas basin, making heliumexploration and development easier and lower cost thanwould otherwise be expected.Helium's scarcity and the US' position as a global swing producermeans that there is a perpetual excess of demand, generatingupward pressure on pricing.While the helium market is opaque recent observations from theUSGS place helium conservatively at $420/mcf, but OpenMarket and surge pricing continues to push prices towards$1,000/mcf. Analysis shows that the helium price is the keydeterminant of helium production economics.>> Financing Sufficient for Three Wells and New ProjectsThe relative low cost of exploration wells, coupled with its recentfunding means that the Company is funded for potentially upto three wells, which provides for either a follow up appraisalprogramme, or accessing further projects.
Posted at 12/4/2024 10:40 by jungmana
Listen to the interview on crux and read the report published. A few wells were dug in this leasehold looking for oil but found nitrogen rich gas.That's the reason the next well to be drilled in Q3 is referred to as an appraisal well.As the last poster also said Montana is a proven helium jurisdiction and hex leasehold of 11,000 acres is right in the middle of it.Am sure most here have been investing in resource stocks and have done a bit of research.
Posted at 11/4/2024 20:37 by seedoftongo
Jungmama , the guy who calls a one day swing in share price a “ trend “

😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂😂28514;😂€514;😂㈳4;😂😂😂😂😂😂 8514;
Posted at 11/4/2024 09:24 by jungmana
About 12 million pounds needed for the production plant .If you raise the money now when you actually don't need it yet you will have to issue 120 million new shares at 10p.Leave it till about end of year when you believe the share price will be significantly higher say 60p . Raise at 50p and you will issue only 24 million shares. Far less dilution. Remember ceo and chairman together own about 12% of shares after recent ipo subscription and won't want to dilute too much.Those who keep saying why didn't they just take all the GBP 22 million available now are missing this.Another option available to them is raise thst money in other ways as made clear in the Crux interview. Bo said thst should not be a problem if they choose that route.
Posted at 10/4/2024 19:17 by jungmana
If you listen to their interview on crux you will realise these folks know what they are doing.They could have diluted a lot more by taking the full GBP 22 million offered at the ipo subscription but instead took GBP 7.5 million ( approximately $9 million).That is more than sufficient for the scoping study, and 2 appraisal wells over the next 7 months. Each well costs $2.5 million to drill and carry out ewt.If the share price say rises significantly as expected any raise for the production plant (about $15 million )would be a lot less dilution. In the crux interview they made it clear too that the plant may be funded through alternative means available to them.
Posted at 10/4/2024 10:09 by jungmana
Have moved most of my funds from he1 into hex for a number of reasons;1 Top class BOD, far better and proven management. Bo Sears the CEO is a top class helium expert who has discovered and developed helium production in Canada. .2, similar prospect but far better jurisdiction3 market cap is a fifth of he14 just 120 million shares in issue with BOD holding about 12%5 fully funded for next 9 months covering scoping study this quarter, appraisal well next quarter and options for a second appraisal well and commence plans for production plant.6 A lot cheaper to drill in Montana ( $2.5 million) compared to Tanzania. Also at the heart of the key global helium market .Those are my key reasons.
Helix Exploration share price data is direct from the London Stock Exchange

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