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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

Post by Wheels54on Jun 07, 2022 1:43pm
230 Views
Post# 34737655

Very Well Positioned

Very Well PositionedNothing is guaranteed. However looking at the simple fundamentals and the current health and assets of this company they are positioned extremely well to succeed. They are cash flowing, have a proven asset pool, no debt and a two large proven helium plays in a secure country where the heavy lifting of surveying has predominantly been completed. Obviously this is no coincidence as their board is a very experienced and methodical team.

When business's have to sell substitute air filled balloons to grad parties, the Nebraska NCAA football team has to cancel its decades old tradition of releasing balloons for touchdowns and the price of helium has gone up tenfold and rising within the last 10 years and 5x in the last few years with more important uses such as MRI, medical and technology coolant also demanding supply... nothing is guaranteed... But I really like First Helium's positioning here.

GLTA
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