Avanti Helium Corp V.AVN

Alternate Symbol(s): ARGYF | V.AVN.WT.A

Energy Oil & Gas E&P

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.

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Avanti Helium Corp > Year end financials out

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Comment by Auroratrouton Apr 28, 2024 11:42am

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Post# 36011565

RE:RE:Year end financials out

They have had difficulty with several off take companies with regards to an acceptible selling price. Seems that the off take companies are now trying to lower their buy price as they believe that the Russian situation is closer to an end. The offtake companies are fearful of making a longterm mistake on price.

Also I have been told that Messer has recently taken the position of not fulfilling their own purchase obligations, and this results in the offtake companies wanting a price that is more in line what is now being offered by Messer.

Time will tell.

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