First Helium Inc V.HELI

Fall/Winter

[Wheels54]

Im lamenting for everyone who piled into that large bid at 0.35 to hand over their shares on a platter.

Time will tell but I feel they've been played.

See where this ends up in late fall/winter.

[AboveBoard]

  if there are more interest rate increases by governments and a recession then it will be interesting where this ends in late fall/winter.  

[Wheels54]

Yeah when oil hits 120 again, they are 4 months closer to fabricating the HE facility work, have another 5 million in income from the oil and sitting with no debt and thus no worries about interest rates it will be interesting indeed.

[Wheels54]

Most likely at least one new oil well drilled as well. Perhaps even an offtake agreement. Nothing much has changed here in the last month other then 25 million of proven/probable oil reserves.

[AboveBoard]

  $120 oil when interest rates keep rising and a recession?    High interest rates can reduce oil prices by reducing demand for oil.   You also claim $ 5 million revenue.  What is the actual net from that amount?  What is the monthly burn rate?  Cost of HE facility?  Cost of drilling wells?   we will see if there is no debt in 4 months as you

[Wheels54]

When Russia decides to turn off the taps and SPR draw ends  and/or China invades Taiwan, oil at 120 is an underestimate... Well if they arnt drilling any new holes or putting up any new facilities then it should be a pretty good net. Have your read their recent year end financials? I have and they are solid. Goodchance they are cashflow postive this year and turn a small profit. Not bad for

[AboveBoard]

no turning off taps if countries pay in roubles. china/ taiwan, interesting.   Interest rates https://www.aljazeera.com/economy/2022/8/26/powell-says-higher-us-interest-rates-are-likely-for-some-time https://www.cbc.ca/news/business/powell-fed-speech-interest-rate-hikes-1.6563183  

[AboveBoard]

In Canada...coming in Early September? https://www.mpamag.com/ca/news/general/interest-rate-hike-predicted-for-september-despite-inflation-slowdown/417126

[AboveBoard]

  the elephant in the room? https://oilprice.com/Energy/Crude-Oil/Oil-Sinks-By-3-As-Economic-Slowdown-Fears-Weigh-On-Market.html

[Wheels54]

Everyone knows this. Everyone knows interest rates are rising. Do you know why China wants to invade Taiwan? You ever heard of semi-conductors? Do you know what they do? Go read up. Taiwan produces 90 percent of the worlds semi-conductors. Simple like in phones, cars and computer chips. They also produce around half of the complex ones in military and medical. The bill the states is looking to

[Wheels54]

Let me clarify, they do not have an agreement in place but are surely in a good position to obtain one which would help finanace the well and bring their verifed commercial viable amounts of helium to market

[AboveBoard]

  "everyone" knows is an absolute.  Not true a diet of mainstream media can really guide your thoughts. start your journey.  Time for a small red pill.   https://www.stereogum.com/2195483/roger-waters-tells-cnn-why-biden-is-a-war-criminal-says-host-needs-to-read-more/news/

[Wheels54]

Above, enjoying some mind altering weekend fun? Looks like it based on yoru last post. Good for you but if youre going to post here, perhaps think about posting something informative and/or actually having to do with the channel.

[AboveBoard]

  wheeler talk, interesting. $120 oil???  When?   HE facility?