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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

Comment by Auroratrouton May 24, 2024 2:50pm
170 Views
Post# 36056385

RE:So we're getting middled

RE:So we're getting middledSo you'd rather sell the helium to a mid user and then in turn,  have them sell the helium to the end user and take their own cut??  That makes alot of sense.  With the price of helium dropping down marginally over the past few months, the mid-tier users are trying to strong arm the explorers into accepting poor selling terms.  I believe that it was a good move on Avanti's part to try to regain the revenue that would have been lost to the middle guy and to use Edlegas in order to sign and sell directly to an end user.  Sure Edlegas will take their cut, but Avanti will keep a bigger cut and more importantly,  they'll be able to have the revenue to continue with their drill program for the Keith and Aden wells.

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