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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. is a Canada-based independent provider of helium gas in North America. The Company is exploring and developing a premier helium project in Alberta, Canada. The Company's Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 53,000 acres with multi-commodity exposure to helium, as well as oil, natural gas liquids (NGLs) and natural gas. Its targets are located on trend and adjacent to past producing helium-enriched natural gas pools and light oil wells.


TSXV:HELI - Post by User

Comment by Zaphodon Apr 25, 2022 5:25pm
180 Views
Post# 34630362

RE:Cheap shares… yes please!

RE:Cheap shares… yes please!
If it's only a dollar share by Q 2. 23 I will have been long gone by then.

It better be there this next quarter this is a speculative stock . If you're only looking for 25% there's a thousand other stocks that are  risk free



Shaawn359 wrote:

First Helium anticipated $6million of revenue for 2022 back early January. I think it’s a safe estimate to assume $90oil average for 2022.

 

My math says revenue generated for 2022 will be 

 

$20million raised warrants

Oil well #1 - $13million

Oil well #2 - $8million

Total ———$41million

 

Plus at a minimum 1 helium well that will be producing late 2022-early 2023

 

Add in any other helium/oil well they hit during their next round of drilling starting by July 1st(They can bring another oil well online within 8-12weeks of first drill) 

 

Plus the oil well resource report end of May….2/2 on oil wells right now…. Imagine 2-3more oil wells online by December 2022….

 

Then add in their winter drilling program(another 3 wells) plus their gas producing facility.

 

Anyone else think $1 a share will be a steal by Q2 2023? (Fully diluted share pool of 100million shares) Don’t forget First Helium has no debt.

 

What a difference 12 more months can make!



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