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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. (First Helium) is a Canada-based helium exploration and development company with properties in Northern and Southern Alberta. The Company is focused on exploring and developing two helium projects in Alberta, Canada. The Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 60,000 acres. It holds First Helium's helium discovery well and two oil wells. The Southern Alberta Helium Fairway Project (Lethbridge) covers over 276,000 acres. Over 60% of First Helium's acreage has three-dimensional (3D) seismic coverage for identifying subsurface structures and closure necessary for trapping helium.


TSXV:HELI - Post by User

Post by Wheels54on Jul 31, 2022 6:19pm
150 Views
Post# 34863387

US semi conductor priority

US semi conductor priorityThe US looks to provide up to 53.7 billion in support for the domestic semi conductor industry. Every semiconductor requires helium in the manufacturing process. With close to 6mill cash in hand and looking like positive cash flow and turning a profit this upcoming year (even before the next 2 holes and their potential income) HELI is positioning themselves for the expanding HE industry. The increasing NG market demand is also a great thing for them. 4-13 must be coming along, most likely being a horizontal and deeper than some of their previous light oil wells. Might take a little longer for results to be release but the management team knows what their doing so all in due time. GLTA
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