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HE1 Share Price

Helium One Global Ltd (HE1) has been making significant progress in the helium industry lately. In September 2021, the company announced that it had completed its drilling campaign at the Rukwa project in Tanzania, which is believed to be one of the world’s most significant and most significant grade undeveloped helium resources.

The drilling campaign consisted of 12 exploration wells and two appraisal wells designed to test the size and quality of the helium resource. According to Helium One, the results of the drilling program exceeded expectations, with the company identifying new helium prospects and confirming the presence of high-quality helium across the project.

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HE1 Share Price

The London Stock Exchange (LSE) has listed Helium One Global Ltd (HE1) under the ticker symbol “HE1”. The company focuses on exploring and developing helium resources in Tanzania to become a leading global helium supplier. HE1 Share Price as of this post is 6.50.

Brief Background of HE1 Share

Helium One Global Ltd is a helium exploration and development company based in the United Kingdom. The company has its headquarters located in London. Founded in 2016, it focuses primarily on exploring and developing helium resources in Tanzania.

In 2016, the company secured exploration licenses for three helium projects in Tanzania. These projects are located in the Rukwa region of southwestern Tanzania. A place believed to be one of the world’s most promising areas for helium exploration.

Since then, Helium One has extensively explored its Tanzanian projects. This includes drilling, seismic, and airborne surveys. In 2020, the company announced a significant helium discovery at its Rukwa project, which is believed to be one of the most considerable helium resources in the world.

In 2021, Helium One completed an initial public offering (IPO) on the London Stock Exchange, raising £6.5 million ($8.8 million) in funding. The IPO was oversubscribed, and the company’s shares began trading on the LSE in January 2021.

Advantages of Investing in HE1 Share

  1. Exposure to a growing market. Various industries consider Helium a rare and valuable gas, including healthcare, electronics, and aerospace. As a result, the demand for helium will continue growing in the coming years. Thus, creating potential opportunities for companies like Helium One, which focuses on helium exploration and production.
  2. Considerable helium resource potential. Helium One has significant helium resources in Tanzania, including the Rukwa project. This gives the company potential to become a significant helium producer and supplier.
  3. Experienced management team. Helium One’s management team has extensive experience in the helium industry, with a proven track record of success in exploration, development, and production.
  4. Positive industry outlook. The helium market has been experiencing tight supply conditions in recent years, which has driven up prices and created potential opportunities for new producers. In addition, the growing use of helium in emerging industries like quantum computing and nuclear fusion could further increase the demand for gas.
  5. Diversification. Investing in Helium One can add diversification to an investor’s portfolio, as the company operates in a unique sector and may not be directly correlated with broader market trends.

Main Competitors of HE1

Helium One Global Ltd operates in the helium exploration and production industry, which is relatively small and specialized. As such, only a few companies are direct competitors to Helium One. These companies include:

  1. Renergen. A South African company that focuses on exploring and producing helium and natural gas. The company has a helium project in the Free State province of South Africa, which is expected to be a significant helium resource.
  2. Royal Helium Ltd. A Canadian company that focuses on the exploration and development of helium resources in Saskatchewan. The company’s projects are located in the southwestern part of the province, a promising area for helium exploration.
  3. Gazprom. A Russian company is one of the world’s largest producers of natural gas. The company also produces helium as a byproduct of its natural gas operations, making it a potential competitor to companies like Helium One.

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Conclusion

Helium One has been making progress on developing a helium liquefaction plant in Tanzania, which would allow the company to produce and sell liquid helium to customers worldwide. In August 2021, the company signed a Memorandum of Understanding with a German company for the supply of helium liquefaction technology and equipment, which is an essential step towards the development of the plant.

Overall, Helium One appears to be making significant progress in the helium industry, with an extensive and high-quality resource in Tanzania and plans to develop the infrastructure necessary to produce and sell helium globally. However, it’s essential to remember that investing in any company carries risks, and investors should research and consult with a financial advisor before making any investment decisions.

FAQ

FAQ: HE1 Share Price

What is the historic performance of Helium One Global Ltd?

Helium One Global Ltd (HE1) is a relatively new company and only went public on the London Stock Exchange in December 2020. As such, the company has a short trading history, and analyzing its historical performance as a publicly traded company isn't easy.

Since going public, the share price of Helium One has been volatile, reflecting the risks and uncertainties associated with the exploration and development of a new resource. Since its IPO, the share price has fluctuated between a low of around 4 pence and a high of around 65 pence.

Does Helium One Global Ltd pay dividends to its stockholders?

Helium One Global Ltd (HE1) is a relatively new company and has not yet paid dividends to its stockholders. The company is focused on exploring and developing its helium resources in Tanzania, which requires significant investment in exploration, infrastructure, and technology.

How much does Helium One Global Ltd make in a year?

Helium One Global Ltd (HE1) is a relatively new company, having gone public on the London Stock Exchange in December 2020. As such, it does not yet have a full year of financial results as a public company. However, the company's financial year ends on June 30, so its first full-year financial results as a public company will be for the year ending June 30, 2022.
However, as of its most recent interim results, covering the six months that ended December 31, 2021, Helium One had not yet generated any revenue.

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Simon Williams
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