Post by
BigSchlick on May 02, 2024 9:30am
Avanti knows their value
In my opinion Avanti not rolling over for or jumping at the first off take agreements is a sign of strength. The ceo has a lot to lose here so if he's holding out for a better deal it's because he knows he's going to get one. Bakker has way too much of his own money invested to risk not going into production. He could've and wouldve accepted any offtake agreement if the company was at risk of not going into production. Avanti has wells with terrific flow rates which is crucial. From my research flow rate is the single most important factor and what makes helium production viable. Even more so than helium percentage because if the gas doesn't flow properly it won't reach its destination leaving the percentage of helium it contains obsolete. As well the higher the flow rate the cheaper it is to pump/extract the helium.