Where next for Helium One Global Ltd
“…this has got the potential for an explosive share price performance, far in excess of what the market is expecting…”
When the boss of Helium One Global says it’s going to be an explosive twelve months for the company’s helium project in Tanzania, the investment community can be confident this isn’t PR bluff or a hunch, but a comment based on strong evidence.
Chief Executive David Minchin has got form. Concurrent to the company’s IPO in December 2020, he orchestrated an oversubscribed capital raise which allows Helium One to carry out “an aggressive exploration programme” commencing in Q1/Q2 2021.
Minchin says the drilling programme will enable the company to prove what it believes is an asset with globally strategic implications described as the largest known primary helium resource in the world.
So keen is he to oversee the campaign from grassroots level Minchin is moving his family to Tanzania this month. This is a project not to be overseen remotely.
Listen to David tell Sarah Lowther why he enjoys the cut and thrust of being boss of a listed company and why the board doesn’t mind sharing a world class asset that is on the cusp of that explosive twelve months.
Investment bank Hannam and Partners published a research note on Helium One after its strong start to life on the London Stock Exchange. Analyst Anish Kapadia talks to Proactive UK’s Katie Pilbeam.
The author was remunerated but does not hold shares in the company