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Avanti Helium Corp V.AVN

Alternate Symbol(s):  ARGYF | V.AVN.WT.A

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.


TSXV:AVN - Post by User

Post by wallpaper2on Dec 19, 2022 4:04pm
344 Views
Post# 35180627

Team changes coming.

Team changes coming.Apparently some of these key team people came out of retirement to find  helium. They found a good well but I don't think they envisioned todays high costs, delays and dilution.
The costs of drilling, materials, facilities, wages and Capital raises has been well beyond anything the could have imagined. Retirement has got to be looking good again and I would bet some do not want to be involved in this battle any more.  Their seed stock and options/bonus' would have cost them 5-10 cents and I imagine they sold a big % of that by now with their timed releases. They aren't leaving empty handed.
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