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Total Helium Ltd V.TOH

Alternate Symbol(s):  TTLHF | V.TOH.WT | V.TOH.WT.A

Total Helium Ltd. is a Canada-based company. The Company’s principal business activity is helium exploration, production and storage solutions. The Company’s main footprint includes helium-producing assets in the prolific Holbrook Basin of Arizona, where its wells produce 5-8% helium concentrations. The Company has a 50% venture interest in the Pinta South Helium Project in Arizona. The Company holds an interest in existing helium production as well as a working interest in a large-scale helium exploration and production program in the Holbrook Basin (the Pinta South Project). It owns a 20% interest in two producing wells and a 50% interest in eight additional existing wells. It supplies American high-tech industries with high-grade green helium. Its subsidiaries include 1313119 B.C. Ltd., 1319454 B.C. Ltd., and Brooks Range Corporation.


TSXV:TOH - Post by User

Post by MarketMakersson Jul 10, 2023 3:46pm
129 Views
Post# 35534148

Global demand for helium exceeding current production rates

Global demand for helium exceeding current production rates
The global demand for helium exceeds the world's current production rates, having grown rapidly in recent years due to its extensive range of applications. This has created a significant market opportunity with the price of helium per MCF continuing to increase alongside the helium shortage 4.0.

With the global helium market growing to $5.03B this year, one company that stands out as a high-potential opportunity is Total Helium (TOH.v TTLHF).

As the only publicly traded helium company that has two wells that are currently producing helium, TOH is actively focused on its Pinta South Project is located in Arizona's helium-rich Holbrook Basin.

For more information, TOH CEO Robert Price recently provided an operational update on the Project: https://www.youtube.com/watch?v=pM-WVoHf3ts&ab_channel=TheDeepDive

On track to have 30 wells in operation by year-end at the 27,000-acre project, TOH has the potential to scale its operations significantly, expanding to up to 300 wells.

Notably, helium concentrations at Pinta South range from 5-8%, surpassing the average helium concentration of up to 3% and emphasizing the significant potential and economic viability of the project.

Working to bring a stable, domestic supply of helium to North America, TOH has partnered with Linde (LIN, market cap exceeding $170B), the largest industrial gas company in the world, to sell its helium at USD$500/MCF, ensuring robust economics and significant growth while strengthening TOH's prospects and its ability to establish itself as a table domestic supplier of helium through drilling and storage operations

Being the only publicly traded producer of helium, TOH has strategically positioned itself with $12.5 million in capital to develop its project and capitalize on the increasing value of helium amid the supply shortage.

Posted on behalf of Total Helium Ltd  

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