Avanti Helium Corp V.AVN

Alternate Symbol(s): ARGYF | V.AVN.WT.A

Energy Oil & Gas E&P

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.

TSXV:AVN - Post by User

Avanti Helium Corp > "Great results" is a understatement.

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Comment by wallpaper2on Apr 13, 2022 10:47pm

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Post# 34602623

RE:RE:RE:"Great results" is a understatement.

I stand corrected. Based on just ONE out of the Three zones producing AVN's 55mcf/d @ US$350/mcf, we have a US$100 million well and it would pay for itself in 2 years, not 6 yrs.
Helium is becoming more scarce / in demand by the week. Russia produces 40% . It is shut down and will be locked out or boycott'd. US$350 is the very low end of the scale,
Apparently one Helium producer just sold a buyer their Helium at US$1000.00/MCF. What if one or two of AVN's other 2 zones produce [and they very easily could] and AVN sells their Helium for 2 or 3x the US$350. Mindboggling!
This is a Grand Slam folks, no doubt about it.

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