Mendell Helium PLC - Update on Fort Dodge & Kansas Option Extension
Summary
Mendell Helium Extends Option to Acquire M3 Helium
In this interview, StockBox spoke to Mendell Helium (AQSE: MDH) CEO Nick Tulloch about the company’s progress at its Fort Dodge project.
➡️ AIM Listing Nears Completion: Mendell Helium has extended its M3 Helium option to Feb 2026, with plans to move onto AIM once a 2025 audit is finalised, likely early next year.
➡️ Strong Local Investor Interest: Two separate U.S.-based investor groups (individuals and a corporate entity) are exploring non-dilutive funding to expand helium production through new wells and recompletion of existing ones.
➡️ Production Success at Rost: The Rost well is producing clean helium and gas, proving the model works. The company is using these insights to scale up and target further land leasing and drilling.
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