Supply Shortage & Total Helium With the supply shortage driving an increase in the price of helium per MCF, Total Helium (TOH.v TTLHF) is well positioned for growth as the only publicly traded company that is currently PRODUCING helium.
Poised to become a prominent supplier of helium in North America, Total Helium (TOH.v TTLHF)is preparing sell its gas to Linde (LIN, $170+B market cap), the largest industrial gas company globally for USD$500/MCF.
Being the only publicly traded producer of helium, TOH has strategically positioned itself to capitalize on the increasing value of helium due to supply disruptions amid the helium shortage 4.0.
By year end, TOH is on track to have 30 wells in operation at its 27,000-acre Pinta South Project in Arizona's helium-rich Holbrook Basin prior to scaling its operations significantly to upwards of 150 wells.
Notably, helium concentrations at Pinta South range from 5-8%, surpassing the average helium concentration of up to 3% and emphasising the significant potential and economic viability of the project.
TOH's partnership with Linde adds further weight to its prospects & providing substantial returns as the successful production of 50,000mcf of helium at 8% concentration from TOH's two existing wells would generate over $9M in three years.
For a comprehensive analysis of TOH's economics, refer to this report: https://www.goldherzreport.de/ausgabe-23-2023-dieser-gas-schatz-macht-aktionaere-gluecklich-niedriger-gas-preis-egal/
Posted on behalf of Total Helium Ltd