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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 jrk8888on May 04, 2022 10:20am
155 Views
Post# 34654730

RE:WTF!!!

RE:WTF!!!Overreaction...based on previous info here $600,000 cash flow per month at $80 to 85 US oil and 400 barrels from 1-30 the 2 wells should be bringing in close to $10 million in cash flow per year.

Based on 74 million shares that's .67/share not including 4-25 well, their cash on hand, infrastructure purchased and exploration upside.

The 4-25 well had a net present value of $15 million last August, prices for Helium and nat gas have risen considerably seen then.
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