David Minchin, CEO of Helium One Global Ltd (HE1.L) Interview episode artwork

EPISODE · Jan 6, 2021 · 7 MIN

David Minchin, CEO of Helium One Global Ltd (HE1.L) Interview

from Share Talk LTD · host Share Talk LTD

David Minchin, Chief Executive Officer, commented: "Our Admission to AIM is a hugely significant moment for Helium One. Following our oversubscribed capital raise we are fully funded to carry out an aggressive exploration programme commencing in Q1/Q2 2021.This drilling programme will enable us to prove what we believe is an asset with globally strategic implications in a supply-constrained helium market."Helium One is the only company listed on AIM that provides investors exposure to helium - a scarce and irreplaceable commodity which is essential for many modern technologies. We look forward to updating our new and existing shareholders as we progress this programme."The number of ordinary shares in issue immediately after Admission will be 496,893,111 giving the Company a market capitalisation of approximately £14.1 million at the issue price of 2.84 pence per share.It is rare that momentum for a hot stock is seen from the professional investors first, and then trickles down to the rest of the market. However, there was a “top-down” appreciation of Helium One in the run-up and aftermath to joining AIM at the end of 2020. After the over-subscribed placing at 2.84p from the ashes of Attis Oil & Gas, we have seen the shares trade now lower than 3.8p as traders have scrambled for stock.This looks set to continue as speculation grows regarding timelines to production during 2021 with regard to the company’s massive asset in Tanzania, where helium apparently just seeps from the ground. Given the way production once it starts is likely to last for decades, fuelling the Green Revolution, it is not difficult to understand the interest in the stock which only started with a market cap of £14m after raising £6m. It would certainly appear that appetite for Helium One is set to grow over the next 12 months.This, therefore, appears to be a situation which is essentially ground floor, but where interest has yet to trickle down to the bulk of investors, thereby hinting at considerable further upside. The fact, that this is a company which has few peers means that the prospect of an ongoing re-rate is very much in place.https://www.share-talk.com/david-minchin-ceo-of-helium-one-global-ltd-he1-l-interview/

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David Minchin, CEO of Helium One Global Ltd (HE1.L) Interview

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