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Avanti Helium Corp V.AVN

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

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.


TSXV:AVN - Post by User

Post by BigSchlickon May 02, 2024 9:30am
199 Views
Post# 36019195

Avanti knows their value

Avanti knows their valueIn my opinion Avanti not rolling over for or jumping at the first off take agreements is a sign of strength. The ceo has a lot to lose here so if he's holding out for a better deal it's because he knows he's going to get one. Bakker has way too much of his own money invested to risk not going into production. He could've and wouldve accepted any offtake agreement if the company was at risk of not going into production. Avanti has wells with terrific flow rates which is crucial. From my research flow rate is the single most important factor and what makes helium production viable. Even more so than helium percentage because if the gas doesn't flow properly it won't reach its destination leaving the percentage of helium it contains obsolete. As well the higher the flow rate the cheaper it is to pump/extract the helium. 
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