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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 Nov 17, 2022 5:15pm
223 Views
Post# 35108559

NR

NRIt's nice their twitter account keeps posting about the potential of the HE market and the dwindling supply and growing demand... But what exactly has HELI been doing the last 3 months to build upon their position in the growing market? With almost 3 months since the last NR what is this team doing? It's obvious they do not care about their shareholders perspective about the lack of communication... To be honest that doesn't really bother me. Their not being paid (170000/year for the CEO) to care about what their investors think about them... What they are being paid for is to run a company. In this case this company is public which includes communication with the shareholders on a reasonable interval... At this point we're way past that reasonable interval.. It's pretty simple... Within the last 3 months they've either regressed, have done nothing and remain where they were or have made strides in progressing their position within this young growing industry. 2/3 of these outcomes are not ideal. If they are so busy finalizing an offtake agreement and their water disposal operations as well as finalizing a winter drilling program then the prolonged silence from them can be chalked up to them working behind the scenes and doing their jobs. If however they finally release news after 3 months with a regression and/or static movement forward then imo different leadership needs to be looked at. Regardless of the news, what there needs to be is a clear and focused plan forward. They are in a decent spot with fair assets and few liabilities and the future appears bright for them with the right vision and leadership behind it. GLTA
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