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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

Comment by GoldenArmon Jun 14, 2023 9:45am
325 Views
Post# 35495690

RE:time for strategic options

RE:time for strategic optionsSo now alomost a month later and they are still alive. Best deal is to wait and see where this goes. I sold almost all shares and have lost a lot on this stock. However if  they can get production going they will have cash flow coming. Cost of a plant can be financed even if interest rates are high.

Banks were lending money in the 70s and 80s with double digit interest rates or high single digit. Helium is still in strong and growing demand.

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