First Helium Inc V.HELI

Alternate Symbol(s): FHELF

Chemicals Chemicals

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

First Helium Inc > Company value is incredible right now

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Post by Hawksteinon Dec 02, 2022 4:00pm

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Post# 35147534

Company value is incredible right now

Oil revenue (1-30 & 4-29 wells) = $10M/yr
1 helium wells @ worsley (15-25) = $8M/yr
3 additional helium wells @ worlsley = $21M/yr
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Total = $39M/yr

Current market cap = $15M/yr

Essentially debt free.

Do the math.

All that's missing is an offtake agreement (any day now) and we're rolling.

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