tiprankstipranks
Helium One Global Ltd Advances Galactica Project with New Drilling Schedule
Company Announcements

Helium One Global Ltd Advances Galactica Project with New Drilling Schedule

Story Highlights

Don't Miss Our Christmas Offers:

The latest update is out from Helium One Global Limited ( (GB:HE1) ).

Helium One Global Ltd has commenced site access and well pad works for its Galactica Project in Las Animas County, Colorado, USA, with drilling scheduled to start in January 2025. The company holds a 50% working interest in this project, which is operated by Blue Star Helium. The development signifies Helium One’s strategic expansion into the US market, potentially enhancing its position in the helium industry and offering growth opportunities for stakeholders.

More about Helium One Global Limited

Helium One Global Ltd is a primary helium explorer listed on the AIM market of the London Stock Exchange and OTCQB in the United States. The company holds prospecting licenses across Tanzania, including the Rukwa and Eyasi projects, which are positioned to become significant players in the helium market. Helium One’s flagship project, the Rukwa Project, is advancing after a successful helium discovery, supporting its strategic goal to address the supply-constrained helium market.

YTD Price Performance: 262.00%

Average Trading Volume: 70,303,929

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £53.59M

For an in-depth examination of HE1 stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskHelium One Global Ltd Reports AGM Outcomes and Progress in Tanzanian Helium Project
TipRanks UK Auto-Generated NewsdeskHelium One Global Ltd Updates on Galactica Project Drilling Schedule
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App