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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

Comment by Wheels54on Aug 28, 2022 1:20pm
153 Views
Post# 34925362

RE:RE:Rev of $1,375,121 for June

RE:RE:Rev of $1,375,121 for JuneNot bad for a company in year 2 of operations. Consistently increasing their assets, keeping their liabilities low, improving on their quarter over quarter cash flow and most likely going to have a positive cash flow year come end of December. Lots more oil wells in Worsely, building their future HE reserves, also have ownership of the 40k of pipeline to strategically put HE facilities wherever they see fit. They haven't even touched their Southren land yet either but will most likely drill a target before the end of the year.
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