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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 Oct 20, 2022 6:53pm
218 Views
Post# 35037723

Update

UpdateAny of the below could be true. Personally I don't see a decline happening from June to September being as pronounced as some people are tossing around numbers. If there is infact any decline (they need to update on this) it could be associated with a pause in production due to weather/road conditions and/or the facility and water well modifications slowing or halting them. Infact perhaps they feel prices are going back up for winter and are holding back production for higher pricing (they aren't hedged). Maybe, maybe not, we gotta hear it from them. Everyone is patiently waiting for an update. It's been quite awhile since the last one and if they don't have full updates on everything they mentioned in their last PR then they should consider at least something.
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