RE:$HELI.V Now Up Over 200%!It may not be the price of helium so much as the $1.2M in revenue for February. The cost for producing that oil is very low; the netbacks are very high. This is an oil and helium company.
With a free cash flow yield of around 35%, and getting higher with the price of oil, this is a money making company. The market cap is only $40M; look at Desert Mountain. When a company can earn exploration money like First Helium they are special IMO.
These guys are really good. Look at their recent infrastructure purchase.
Dollars to donuts money is flowing out of Desert Mountain and into First Helium. My plan is to keep my DME shares as they have a 9-10 sq. mile field with hydrogen. DME is a helium and hydrogen company.
Also I own Blue Star Helium. But my favorite helium company, by far, is First Helium.