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Bullboard - Stock Discussion Forum 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... see more

TSXV:HELI - Post Discussion

First Helium Inc > AGM news?
View:
Post by kalman007 on Nov 03, 2022 1:32pm

AGM news?

I gather the meeting provided NO real news.  Trading volume is dismal, no pathetic! Do these jokers have anything worth staying invested in?  The 6 month graph looks like an upside down hockey stick.
Comment by Wheels54 on Nov 03, 2022 8:52pm
The 46 million of apparent assets vrs the apparent no debt is still attractive. The young industry with huge potential is still attractive. Their minimal dilution compared to competitors is still attractive. The fact their enterprise value is worth more then market cap is attractive. Their management and communication has been very very unatrative however lately.
Comment by forwardflash on Nov 04, 2022 1:39pm
The present worldwide daily water production from oil wells averages roughly 3 BWPD per barrel of oil, although some wells produce significantly higher amounts. It costs money to lift water and then dispose of it. In a well producing oil with 80% water cut, the cost of handling water can double normal lifting costs."  I think water is the problem.  I was curious when I ...more  
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