To recap what you get with First Helium - HELI.V So to recap what you get with First Helium
1)#1 producing oil well with updated monthly financials released Monday, April 4th
2)#2 oil well will be producing in April(major catalyst) at more bpd then the 1st well
FYI - combined that would be a equivalent to $2million to $2.5million/month in revenue($24million - 30million/year) at $90oil
3)#1 helium well ready to be put into production(1.3% helium concentration)
4)About 90km of land to be explored and drilled in the coming years…. With 20% of those wells containing light crude oil with the balance containing helium/natural gas
5)later on this year a helium processing facility will be built
6)over 40km of natural gas pipeline infrastructure was acquired in November
7)2 suspended helium wells awaiting confirmation testing(They were previously tested at economic levels of helium) was acquired last November.
8)End of May the oil wells resource report will be released(imagine they could easily be sitting 1million barrels of oil or more)
9)Don’t forget about the natural gas/other gases besides helium that can be monetized.
10)The company specifically stated -NO SHARE DILUTION
All this for 76c/share.
$50million market cap