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Total Helium Ltd TTLHF


Primary Symbol: V.TOH Alternate Symbol(s):  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 Oct 10, 2023 6:53pm
135 Views
Post# 35677861

Current Production Capacity & Expansion Plans

Current Production Capacity & Expansion Plans
As the helium market continues to grapple with a significant supply shortage, a range of industries are being impacted from healthcare to space exploration to semiconductor manufacturing, creating a significant market opportunity for a new stable supply to drive the industry.

In this landscape, Total Helium (TOH.v TTLHF) has emerged as a rapidly scaling helium producer due to the remarkable helium concentrations found at its Pinta South Project in Arizona's helium-rich Holbrook Basin.

TOH CEO Robert B. Price's latest interview with Stocks To Watch discusses their current production capacity, low-cost and low-risk strategies and expansion plans with Stocks to Watch: https://www.youtube.com/watch?v=6GOdPX_U1jU&ab_channel=StocksToWatch

Spanning 27,000, Pinta South gained notoriety with its remarkable helium concentrations of 5% to 8%; a substantial improvement over the helium concentrations seen of up to 3% and significantly higher than other producers.

Fueled by these concentrations, TOH has formed a strategic partnership with Linde, the world's largest industrial gas company for the sale of its helium at a rate of USD$500 per MCF. This partnership has secured the economic viability of Pinta South with a rapid payback period ranging from a few weeks to a maximum of three months.

On track to have 30 wells operational by year-end, TOH's latest update had 19 wells drilled at Pinta South so far with its final trajectory to expand operations to encompass over 300 wells.

Of the 19 wells, two are operating at full capacity and producing a combined rate of 250mcf per day at concentrations of 8%, 7 operating at limited capacity, 4 expected to be operational by Q3 2023 and 5 awaiting completion and pipeline connection.

Posted on behalf of Total Helium Ltd 

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