First Helium Inc V.HELI

Management discussion

[AboveBoard]

Interesting. The management discussion is 8 pages.  Suggest that you may want to read?

NET INCOME

First Helium realized net income of $638,866 for the six months ended September 30, 2022. This is a direct result of its first six months of operations with revenues of $6.2 million, net of royalties of $2.1 million and operating expense of $1.0 million, resulting in an operating netback of $3.2 million. From operating netback of $3.2 million, the Company incurred general and administration, investor relations and professional fees of $0.9 million, and recorded non-cash expenses of depletion of $1.5 million and share-based compensation of $0.3 million. For the three months ended September 30, 2022, the Company had a net loss of 326,288. This was mainly due to lower revenues and higher royalty expense in the quarter

[Wheels54]

Yeah we all read it. They need to get their 2 wells back running with the water well optimization application finalized to see the net income surge again.  We sure appreciate your commentary as a zero share holder.

[AboveBoard]

  1.  Not everyone has read it as you claim.  2.  Net income surge again with only optimization?  What about expenses, share dilution, etc.?   3.  Appreciate commentary?  True for some.  Do "we" appreciate your commentary as a non zero shareholder?  

[Wheels54]

After reading your last comment it appears that you need to go back and re read the most recent and prior 6 months financials.  If you don't understand why their net income is down over the last quarter and what will happen when the wells are brought back online with a projected reduction in operating cost of 50%. Then perhaps you should do a bit more reading before making comments. You

[AboveBoard]

False statement by you about bashing. Questioning, differing opinion and possible predictions are not bashing.  Some people know how to really read and interpret the room.  Why not bought in during your marathon of pumping?   Has your price targets been met in your time frame?  Does your Shareholder status  give you more worth?  Self reflection may lead to growth?

[Wheels54]

No you flat out come in here at opportune times and question the stock. You've never come in on momentum. Bro your a troll just admit it. And I have bought more. I'm invested.. You are not.

[AboveBoard]

  came here when some pumper poster all over SH.  Was that you who was posting under an alias?  Don't bother answering as you know the answer. Btw, not your bro nor troll.    

[Wheels54]

I've been here awhile, the same handle. I don't pump I state facts. I'm invested, I call a spade a spade, like you.. I know you're not my bro, I reserve the description for scmucks.

[AboveBoard]

Same handle?  Sure, if you say so. of course you don't pump or make recommendations. name calling by you(using  schmuck) seems to emphasize your character.   

[Wheels54]

You want to make false statments and accuse people in here of pumping or using false accounts.. Yeah I'll call you a scmuck all day. That's prob the nicest thing to say about you. I like the stock. I like the assets. I like the industry. I state the facts. I've pointed out some things I don't like here as well. I don't like the SP right now. I can tell you I don't go to

[AboveBoard]

No false statements made.   A question is not a statement.    Name calling again tells a lot. interesting posts re Heli.   https://stockhouse.com/companies/bullboard?symbol=v.heli&postid=34939566 https://stockhouse.com/companies/bullboard?symbol=v.heli&postid=34923409 https://stockhouse.com/companies/bullboard?symbol=v.heli&postid=34904700 https