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Yeah this could be a multi decade trend. Why I am willing to speculate on it.
I always think about it like this. For go lunch and buy a risky stock. A decent lunch is what $15-$25 these days. For $10 I can get a good number of shares cheaply.
If they do nothing to 20 years think about it as just eating lunch the last twenty years and getting no return but if they do become something then you can possibly get a return as they look for helium.
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I have a soft spot for the strategic, but potentially underdeveloped, resource play. It seems to the weakness of such approaches is the competition. PLSR definitely seems to be up and coming.
Many of the other helium guys (Altura, Avanti, Desert Mountain, Helium Evolution) seemed to hit their peak in 2021-2022, and it's been all downhill ever since.