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 > Reasons for delay ?

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Post by AricanTwinon May 04, 2024 12:56pm

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Post# 36023307

Reasons for delay ?

I'm thinking it was IACX they couldn't deliver the plant on time with too many components still delayed. Chris using delay to negotiate a better deal. Both DME and RHC plants were delayed years during Covid and we are probably still 6 months or a year still with delays. Binding contract was signed almost a year ago so I think we are probably on the realistic timeline.

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