螺旋探索，氦黎明，100％上升：蒙大拿州的氦革命

Helix Exploration（LSE：HEX）有望成为蒙大拿州的第一个商业氦气生产商，为投资者提供了罕见的多袋子机会。发现氦黎明的潜力。

Helix Exploration, Helium Dawn, 100% Upside: Montana's Helium Revolution

螺旋探索，氦黎明，100％上升：蒙大拿州的氦革命

The global helium market is about to be shaken up, and Helix Exploration is leading the charge towards Helium Dawn. This UK-based company is on the verge of becoming Montana's first commercial helium producer, presenting a potentially lucrative opportunity.

全球氦气市场即将动摇，Helix Exploration正在导致氦黎明的指控。这家总部位于英国的公司即将成为蒙大拿州的第一个商业氦气生产商，这可能是有利可图的机会。

The Rudyard Project: A Game Changer

鲁德亚德项目：改变游戏规则的人

Helix Exploration's Rudyard Project is strategically located in Montana's helium-rich Fairway Basin. It's rapidly advancing, and recently secured a $40 million contract with a European firm for equipment delivery by August 2025. This is a critical step, setting the stage for the final construction phase.

Helix Exploration的Rudyard项目在战略上位于蒙大拿州的氦气富裕球道盆地。它的发展迅速，最近在2025年8月之前与一家欧洲公司获得了一份4000万美元的合同。这是一个关键的一步，为最后的建筑阶段奠定了基础。

Unlike traditional oil-and-gas ventures, Rudyard employs modular, pre-assembled units, significantly reducing both construction time and costs. Once fully operational, it's projected to produce 2.2 billion cubic feet of helium annually, with incredibly low operating costs—around $0.25 per cubic foot. Considering current helium spot prices hover between $1.50 and $2.00 per cubic foot, the project boasts potential gross margins exceeding 85%. Analysts predict net revenue could range from $115 to $220 million within the plant's first five years.

与传统的油气风险投资不同，鲁德亚德（Rudyard）采用模块化的预组装单元，大大减少了建筑时间和成本。一旦完全运行，预计每年将生产22亿立方英尺的氦气，运营成本非常低 - 每立方英尺$ 0.25。考虑到当前的氦点价格徘徊在每立方英尺1.50美元至2.00美元之间，该项目的毛利率超过85％。分析师预测，在工厂的头五年内，净收入可能从115美元到2.2亿美元不等。

Undervalued Potential

被低估的潜力

Helix's current market capitalization of £48.4 million (as of July 2025) doesn't fully reflect its potential. Even conservatively estimating net revenue at $115 million over five years, the project's net present value (at a 10% discount rate) surpasses £150 million. Yet, the stock trades at just 26.30p per share, with a price-to-estimated 2026 earnings multiple of 8x, making it significantly undervalued compared to industry peers like Air Liquide and Linde.

Helix目前的市值为4,840万英镑（截至2025年7月）并不能完全反映其潜力。即使保守地估计净收入在五年内净收入为1.15亿美元，该项目的净现值（以10％的折现率）超过1.5亿英镑。然而，该股票的交易仅为每股26.30便士，而估计的2026年收益率为8倍，与空军和诸如Air Liquide和Linde等行业同行相比，它被低估了。

Upcoming Catalysts

即将到来的催化剂

Keep an eye out for these near-term catalysts:

请注意这些近期催化剂：

1. Final Investment Decision (FID) by Q4 2025: Expected FID will remove uncertainty and unlock equity financing.
2. First Production in Q1 2026: This will validate the project's economics and likely lead to a stock re-rating.

Investment Recommendation

投资建议

With a robust balance sheet and no debt, Helix is financially sound. Analysts suggest a buy at current levels, targeting 50–65p by the end of 2026. A conservative target price of 50p (92% upside) assumes a 12x multiple on 2026 earnings, while a bullish scenario (15x multiple) could push it to 65p.

有了强大的资产负债表，没有债务，Helix在财务上是合理的。分析师建议在目前的水平上进行买入，以50-65p的速度到2026年底。保守的目标价为50p（92％上升空间），假设2026年的收入为12倍，而看涨的情况（15倍倍数）可以将其推向65p。

Risks

风险

Potential risks include helium price volatility and regulatory delays, but Helix's low-cost model offers resilience.

潜在的风险包括氦气价格波动和监管延迟，但Helix的低成本模型具有弹性。

The Bottom Line

底线

Helix Exploration's Rudyard Plant is an enticing investment. With imminent catalysts and compelling valuation metrics, this stock is poised to make waves. It's a chance to get in on the ground floor before the market truly understands the Helium Dawn.

Helix Exploration的Rudyard工厂是一项诱人的投资。有了迫在眉睫的催化剂和引人注目的估值指标，该股票有望引起波浪。在市场真正了解氦黎明之前，这是一个进入底层的机会。

So, there you have it! Keep an eye on Helix Exploration—it might just be the helium-fueled rocket your portfolio needs. Don't wait too long; the helium dawn is breaking!

所以，你有！密切关注螺旋探索 - 这可能只是您的投资组合需求的氦气燃料。不要等待太久；氦黎明正在破裂！