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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 uogradon Nov 28, 2022 9:58am
137 Views
Post# 35133524

will we see strategic alternative tomorrow?

will we see strategic alternative tomorrow?a little more housekeeping in today's release so could the hard cold reality of interesting assets yet no cash to bring them to market cause a strategic alternatives note in tomorrow's release of the financials?

I doubt it but you never know

rhc's recent debt financing with terms that would make tony soprano blush show that if there is actually any money out there to bring helium to market it is very very very expensive and one point in the rhc splash on bnn is they on purpose did not go in to old wells because you never know how long an old hole will hold up

15-25 was drilled in 1999 so has been sitting there waiting for action for 20 years

nice website but 5 months late to the party.
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