Total Helium Ltd V.TOH

Helium shortage persisting since beginning of 2022

[MarketMakerss]

Since the beginning of 2022, we've been experiencing an unprecedented helium shortage, despite the market experiencing remarkable growth. However, this presents a significant market opportunity as the shortage is unlikely to end until production increases and begins to equalize with global demand (Source: https://www.innovationnewsnetwork.com/helium-shortage-4-0-what-caused-it-and-when-will-it-end/29255/)

 

One company that has the potential to help alleviate the shortage is Total Helium (TOH.v TTLHF). Committed to establishing helium independence in North America, TOH distinguishes itself as the sole publicly traded helium company that is currently producing helium from its wells at the Pinta South Project.

 

Consisting of 27,000 acres, the Pinta South Project is situated in the helium-rich Holbrook Basin of Arizona. TOH is on track to have 30 wells in operation by year-end with 300 wells as the end goal.

 

Pinta South stands out as a remarkable project with helium concentrations ranging from 5-8%, surpassing the average helium concentration of up to 3% and underscores the substantial potential and economic viability of the project.

 

Plus, TOH has already secured robust economics, having partnered with, Linde (LIN, +$170B mcap), the largest industrial gas company in the world, to sell its helium at USD$500/MCF.

 

In a recent interview with Stocks to Watch, TOH CEO Robert B Price addressed the surging demand for helium, highlighting the revenue generated by the Pinta South Project and outlining the company's plans for future capacity expansion: https://www.youtube.com/watch?v=d3ilu7j_cNQ&ab_channel=StocksToWatch%E2%80%94GlobalOneMedia

 

Posted on behalf of Total Helium Ltd