Have taken a small position in the IPO here, really liked the helium concentrations recorded in the wells drilled. Grades of 11% concentration recorded, generally 0.5-1% is considered 'economical'. Helium prices have been sky rocketing and is now considered a strategic commodity by the US & most nations. The lead manager is a family office so I would think the register will be pretty tight. They've received funding commitments from OPIC for US$40mil, pretty strong validation of the project. In summary, this is the only helium exposure available on the ASX and one of the few globally - big future ahead IMO. This is a quick write up, feel free to add anything I may have missed.
