Total Helium Ltd V.TOH

Significant contribution to alleviating the helium shortage

[MarketMakerss]

Since the beginning of 2022, the world has been grappling with an unprecedented helium shortage which, coupled with a rapidly growing market, has created a remarkable opportunity. Helium scarcity is expected to persist until production catches up with global demand and in order for this to happen, new sources need to come online. (Source: https://www.innovationnewsnetwork.com/helium-shortage-4-0-what-caused-it-and-when-will-it-end/29255/)

Total Helium (TOH.v TTLHF) is uniquely positioned to make a significant contribution towards alleviating the helium shortage. Dedicated to establishing helium independence in North America, TOH stands out as the sole publicly traded helium company that is currently engaged in producing helium.

In a recent interview with Stocks to Watch, TOH CEO, Robert B Price, addressed the soaring demand for helium, highlighting the impressive revenue potential 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

TOH's Pinta South Project, located in the helium-rich Holbrook Basin of Arizona, spans 27,000 acres and has made impressive strides. The project is set to operate 30 wells by the end of the year, ultimately expanding to over 300 operating wells.

What sets the Pinta South Project apart is its helium concentrations, ranging from 5-8%, surpassing the average helium concentration of up to 3% and underscoring the project's immense potential and economic viability.

Additionally, TOH has secured robust economics for this project through a lucrative partnership with Linde (LIN, +$170B mcap), the largest industrial gas company in the world, for the sale of its helium at USD$500/MCF.

Posted on behalf of Total Helium Ltd