RE:RE:Financing
So Bruce Campbell says it becomes positive the minute the pp closes He says the pp is over subscribed which is extremely telling in itself. He says the new well they drill this month will allow them to finalize the production facility. This months drilling will tell them how much larger the well actually is and how many more million$ it will generate for Avanti. It already is close to the largest Helium well in Canada and the USA to date, without any feeder wells having been drilled. They have had discussions with many producers wanting their Helium. Helium has risen in $value since the resource evaluation was established using Helium @ US$350/mcf. It is now between US$4000-$6000mcf and rising. I imagine we will see a whole new evaluation shortly which will amaze North American and foreign producers. Would you please define "early" when refering to a entry point. Thanks.