Australia-based Mosman Oil & Gas is using the global platform of the gas to outline its upcoming rebrand as it looks to capitalise on growing helium opportunities.
Speaking online, following a £500,000 retail offer to advance US helium projects, which takes its total capital raise to £2.17m, Executive Chairman Carl Dumbrell said, “This is probably the last video we will do with the name ‘Mosman’ … Where we are, in Austin, we are referring to us as ‘Quantum Helium’. It’s about who we are becoming.”
He said the company is now picking up a “world class” helium project that is going through a definitive scientific assessment.
Reflecting on the Summit, Chief Executive Howard McLaughlin said, “It’s generally buoyant. There are some conversations on which way helium pricing is going, and supply and demand fundamentals – there’s a lot of uncertainty in the market and no data to determine which way it’s going to go, but several speakers did indicate strong demand growth in areas such as aerospace and chip manufacturing, so the future looks pretty buoyant.”
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