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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 Feb 23, 2023 6:44pm
266 Views
Post# 35302244

First Quarter 23

First Quarter 23Will tell the story.

Was the water well worthwhile?

Revs back on track?

Drilling program? Offtakes? 14-23 flow testing?

If the water well returns a marginal increase in oil profits and these guys don't have any offtakes on the hook then what are the being paid for? Because they are definitely being paid.

That's fine when decisions are being made, things are getting done and progression is happening. I'm not saying this team isn't doing this but they sure are stretching this out. Theyve had ample time IMO and perhaps there is a load of news and progression coming but at this point it's a very underwhelming start to the year with still no game changing progression. 
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