As the helium price per MCF continues to increase due to supply shortage, now is the time to invest in the only publicly traded producer of helium: Total Helium
Total Helium (TOH.v TTLHF) is poised to become a prominent supplier of helium in North America as it prepares to sell its gas to 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, the 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 (LIN, $170+B market cap), the largest industrial gas company globally, positions them for substantial returns. For instance, the successful production of 50,000mcf of helium at 8% concentration from TOH's two existing wells would generate over $9M in three years, securing robust economics for the project.
For more information, check out this report outlining the economics of TOH: https://www.goldherzreport.de/ausgabe-23-2023-dieser-gas-schatz-macht-aktionaere-gluecklich-niedriger-gas-preis-egal/
Posted on behalf of Total Helium Ltd