"Helium Explained: Past, Present, and Future" "Helium Explained: Past, Present, and Future | An Essential Element's Untold Journey" from The Deep Dive introduces the helium opportunity, detailing the history, industrial uses, the helium shortage 4.0 and more: https://youtu.be/weVLF-Cn3y8?t=1
With no substitutes and a limited supply, the global helium market is forecast to grow ~50% over the next 5 years as helium plays an essential role in a range of industries bring a critical component of various applications including MRI machines, semiconductor manufacturing, and fiber optics.
However, the $4.4 billion helium market is facing a supply shortage due to helium's significant demand, resulting in a supply crisis that is squeezing prices higher.
As the only publicly traded producer of helium, Total Helium (TOH.v TTLHF) is positioned to be a top supplier of helium in North America & yielding significant returns with its strategy of acquiring already producing assets to eliminate a large amount of risk.
TOH is on track to have 20 wells by the second quarter of 2023, with plans to scale up to over 150 wells at its 27,000 acre Pinta South Project located in Arizona's Holbrook Basin, a major and helium-rich field site, where gas concentrations are ~5-8% which is significantly higher than the average helium concentration of up to 3%.
For more information on Pinta South, check out TOH CEO Robert Price on Proactive providing an operational update on the project: https://youtu.be/lZruebTtvmk
Notably, TOH has partnered with the largest industrial gas company in the world, Linde ($LIN, $170+B market cap), who have committed to fund the pipeline expansion for the project and pay $500/Mcf for the first 10 wells
This partnership solidified robust economics for the project as TOH's two wells have already produced 50,000mcf of helium at 8% which amounts to over $9M of helium in three years just from the partnership.
With this, TOH provides a compelling investment opportunity to capitalize on a high growth industry and is strongly positioned to support the rapid growth of America’s high tech industries that depend on helium.
For more information, check out this deep dive from Energy and Gold: https://energyandgold.com/2023/06/06/a-us-helium-producer-aggressively-growing-its-production-profile/
Posted on behalf of Total Helium Ltd