US junior Mosman has bought a 10% stake it private helium outfit Vecta, who have a partnership agreement with BNL over certain areas of mutual interest, including the Sammons well, a part of the Serenity prospect. Mosman are also funding their share of a drill program for Vecta, so it will be interesting to see how this plays out for BNL
Mosman also have a helium play in the Northern Territory, so I’m sure all these players are well aware of each other, and will be coming together over the Sammons well. Food for thought before bigger players hopefully buy in.
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