HLX - the next 5 bagger cobalt/nickel play?, page-358

Helix does not necessarily have what Aurelia wants. Aurelia has two mills, 100's of square kilometres of tried and tested tenements, ~$100M in the bank and a growth trajectory that everyone should take note of. If you want to make money, buy AMI shares tomorrow.

I understand Aeries Resources already has a JV with Helix - it may have a further interest in ~18 months when debt commitments ease and it has a clearer picture of the reality embedded in Kurrajong and Lake Torrens.

Until then, Helix just has trees, ridges and gullies and IMO enough money to keep the board in lifestyles with which they have long become accustomed too.