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 SunsetGrillon Apr 14, 2022 10:18am

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Post# 34603536

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

Hmm, your numbers appear wrong as well :) pardon the pun.

"With wholesale prices exceeding US$600/mcf and retail prices as high as US$2,000/mcf our

Zurigo wrote: hmm, your numbers wrong, sorry...
55 Mcf/d (55 thousand cubic feet / day) @ 350 USD / mcf = 19250 USD/d = 6.9 Million USD / year roughly
If AVN can double the daily rate with the 2 Souris river zones (uphole, less pressure therefor probably less flow) and can sell @ 500 USD/mcf, that'll be about 20 million revenue, that would be fantastic but far off from your 100 Mio$ well

Great Co., excellent outlook, GLTA

M or m for "mille" / 1000, and mm for 1000*1000