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Avanti Helium Corp V.AVN

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

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 Auroratrouton May 24, 2024 2:50pm
90 Views
Post# 36056385

RE:So we're getting middled

RE:So we're getting middledSo you'd rather sell the helium to a mid user and then in turn,  have them sell the helium to the end user and take their own cut??  That makes alot of sense.  With the price of helium dropping down marginally over the past few months, the mid-tier users are trying to strong arm the explorers into accepting poor selling terms.  I believe that it was a good move on Avanti's part to try to regain the revenue that would have been lost to the middle guy and to use Edlegas in order to sign and sell directly to an end user.  Sure Edlegas will take their cut, but Avanti will keep a bigger cut and more importantly,  they'll be able to have the revenue to continue with their drill program for the Keith and Aden wells.

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