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Avanti Helium Corp V.AVN

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

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

Comment by canuckktraderon Apr 14, 2022 2:00pm
186 Views
Post# 34604524

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

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

Just as a FYI wells are value based on the NPV (Net Present Value) which is the total value of the resource that can be extracted from that well. I'm sure in the coming weeks the company will release what the NVP of the well is. If they say the NPV is $100mm that means over the life of that well they believe they can extract $100mm worth of helium. That doesn’t all happen in the first year its over 4, 5 10, 15 years.... This is where knowledgeable and experienced reservoir engineers make a world of difference to a company.

It is not the revenue the well generates per year, its over the life of the well, as these are vertical wells that can produce for many many years.

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