Quantum Helium has transformed over the past 18 months to become a US based explorer with its activities focused on the Four Corners helium fairway in Colorado.
The company has now started work on these assets which we hope will prove up significant helium reserves to allow a development to commence. This could create significant shareholder value.
We derive a valuation for Quantum of 0.064p/share which is derived from a RENAV (Risked Exploration Net Asset Value). This uses a helium price US$500/mcf. As the company progresses the operations, we believe that many of the risks should start to be mitigated.
