Total Helium Ltd V.TOH

Rapidly Scaling Helium Producer

[MarketMakerss]

Having emerged as a high-potential helium opportunity due to its remarkable helium concentrations, Total Helium (TOH.v TTLHF) is a rapidly scaling helium producer focused on its Pinta South Project located in Arizona's helium-rich Holbrook Basin.

Spanning 27,000 acres, TOH's Pinta South Project has remarkable helium concentrations ranging from 5% to 8%, representing a substantial improvement over the usual helium concentrations seen of up to 3%.

Notably, TOH has made a strategic partnership with Linde, the world's largest industrial gas company for the sale of its helium at a rate of USD$500 per MCF. With this, TOH has secured Pinta South's economic viability with a rapid payback period ranging from a few weeks to a maximum of three months.

Significantly, this results in significant revenue gains at all production levels, as broken down by user Hawkstein on CEO.ca:

"These are the potential revenues... even if the wells are half of the low based on what Robert has said I would still buy this…"

 

 

 

 

 

 

 

 

 

 

On track to have 30 wells operational by year-end, TOH's latest update had 19 wells drilled at Pinta South so far with its final trajectory to expand operations to encompass over 300 wells.

Of the 19 wells, two are operating at full capacity and producing a combined rate of 250mcf per day at concentrations of 8%, 7 operating at limited capacity, 4 expected to be operational by Q3 2023 and 5 awaiting completion and pipeline connection.

For more details, check out Benzinga's comprehensive feature on TOH: https://www.benzinga.com/markets/penny-stocks/23/07/33164297/total-helium-otcqb-ttlhf-developing-major-helium-field-and-key-partnerships-secure-it-in-thi

Posted on behalf of Total Helium Ltd