Helix Exploration's strategic expansion into Rudyard area of Hill County, Montana

Proactive - Interviews for investors

HeLIX Exploration PLC chairman David Minchin joined Proactive's Stephen gunnion with details of the company's acquisition of the Rudyard project in Hill Country, Montana. Minchin shared details of this major helium project, highlighting that the acquisition cost was $250,000, with 60% paid in shares. "This is an acquisition of a proven discovery with helium in its flowed helium gas to the surface, 1.3% helium with good flow rates. It has contingent resources of about half a billion cubic feet," said Minchin. He emphasized the project's potential, stating the in-situ value of the helium is approximately $250 million. Minchin also discussed Helix's diversification strategy, aiming to establish two production hubs by 2025, which would enhance their leverage in negotiating debt finance and ensure a consistent supply for end users. He noted the company's fully funded drilling and appraisal plans, supported by an oversubscribed IPO, which ensures sufficient cash flow for ongoing and future operations. He said Helix is optimistic about the complementary nature of this acquisition to its existing Ingomar Dome project and looks forward to advancing its drilling plans in the newly acquired area. The existing infrastructure, including three-phase electrics and easy access to the southern edge of the property, will facilitate a low-cost development for the company. For more updates, visit Proactive's YouTube channel, like the video, subscribe to the channel, and enable notifications for future content. #HeLIXExploration #HeliumDiscovery #MontanaExpansion #DavidMinchin #EnergySector #NaturalResources #ProactiveInvestors #HeliumProjects #InvestmentNews #EnergyExploration #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews