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Helium One Global Limited ( (GB:HE1) ) just unveiled an announcement.
Helium One Global Ltd has announced the completion of site works at its Galactica Project in Colorado, USA, with drilling operations set to begin imminently at the Jackson-31 well, followed by Jackson-04. This drilling campaign, part of a broader strategy to capitalize on the constrained helium market, includes three additional approved wells. The successful execution of this project could enhance Helium One’s positioning in the helium supply chain, potentially influencing its market standing and offering significant benefits to stakeholders.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed Tanzanian explorer with prospecting licenses across two distinct project areas. The company aims to become a strategic player in the helium market, which is currently supply-constrained. Its key projects include the Rukwa and Eyasi projects located in Tanzania, and it holds a 50% interest in the Galactica-Pegasus project in Colorado, USA. Helium One’s flagship Rukwa Project has shown promising results, having proven a helium discovery recently.
YTD Price Performance: 3.11%
Average Trading Volume: 52,526,980
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £52.7M
See more data about HE1 stock on TipRanks’ Stock Analysis page.
