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Avanti Helium Corp V.AVN

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

Comment by Peggy123on Mar 23, 2023 11:22am
109 Views
Post# 35356256

RE:Delay and missing pieces.

RE:Delay and missing pieces.This is a response frim Bruce Campbell      My take is this is positive.  The engineering report is third party and confirms what they have found.
 
As far as needing to raise cash.  They just completed the raise, which is why the stock is down here.  This should take to another well.  If they get an offtake they should be able to build the facility with a partner and debt.  
 
Just my two cents.
 
Bruce

Bruce Campbell, B.Comm., CFA, CAIA
StoneCastle Investment Management Inc.
T:
 
250-448-6475 | T: 416-628-4158 | TF: 1-866-780-6475
Suite 205 | 1708 Dolphin Avenue | Kelowna, BC | V1Y 9S4

 
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