Avanti Helium Corp V.AVN

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

Energy Oil & Gas E&P

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%.

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Avanti Helium Corp > Largest Processing Facility in Canada $32 000 000

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Comment by canuckktraderon Dec 01, 2022 11:12am

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Post# 35143069

RE:RE:RE:Largest Processing Facility in Canada $32 000 000

Keep in mind with a facility (at least in the NG world) you will pay about 100% in construction costs.

So if your facility costs $10MM you will have $10MM in construction costs.... Anyways the cost of the facility is not really that important what matters is how much helium they can produce daily.

I believe they are trying to significantly increase their reserves reports so they can get lots of debt financing….. this is how the oil patch was built!

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