Avanti Helium Corp V.AVN

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

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 > Price is a steal

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Comment by screamer99on Mar 18, 2024 9:35am

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RE:RE:RE:Price is a steal

My hunch is that another financing is needed. With the delay to early Q3, the company may not have enought in the bank to sustain themselves. If there is another financing, hopefully it will be the last one but we need to see the Dec/23 financials to understand their cash burn to Q3.

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