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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 GoldenArmon Jun 14, 2023 9:45am
305 Views
Post# 35495690

RE:time for strategic options

RE:time for strategic optionsSo now alomost a month later and they are still alive. Best deal is to wait and see where this goes. I sold almost all shares and have lost a lot on this stock. However if  they can get production going they will have cash flow coming. Cost of a plant can be financed even if interest rates are high.

Banks were lending money in the 70s and 80s with double digit interest rates or high single digit. Helium is still in strong and growing demand.

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