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Avanti Helium Corp V.AVN.WT


Primary Symbol: V.AVN Alternate Symbol(s):  V.AVN.WT.A | ARGYF

Avanti Helium Corp. is a Canada-based gas exploration company. The Company is focused on helium exploration and development resources across Western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. The Leader project area, located in southwest Saskatchewan, contains three helium exploration permits for a total of approximately 63,000 acres. The permits were identified and acquired, based on the Company’s detailed geological models and technical assessment. Its targeted zones are the Devonian Souris River and Cambrian Deadwood SS with known helium concentrations up to 1.4% and nitrogen up to approximately 98%.


TSXV:AVN - Post by User

Comment by Peggy123on Mar 23, 2023 11:22am
98 Views
Post# 35356256

RE:Delay and missing pieces.

RE:Delay and missing pieces.This is a response frim Bruce Campbell      My take is this is positive.  The engineering report is third party and confirms what they have found.
 
As far as needing to raise cash.  They just completed the raise, which is why the stock is down here.  This should take to another well.  If they get an offtake they should be able to build the facility with a partner and debt.  
 
Just my two cents.
 
Bruce

Bruce Campbell, B.Comm., CFA, CAIA
StoneCastle Investment Management Inc.
T:
 
250-448-6475 | T: 416-628-4158 | TF: 1-866-780-6475
Suite 205 | 1708 Dolphin Avenue | Kelowna, BC | V1Y 9S4

 
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