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Avanti Helium Corp V.AVN

Alternate Symbol(s):  ARGYF | V.AVN.WT | 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 Greygoat420on Jul 18, 2024 1:26pm
135 Views
Post# 36138686

RE:RE:capitulation

RE:RE:capitulationManagerment need to get a sales agreement(s) in place asap.  IACX will not committ funds to build the HRU if they aren't confident that Avanti can actually sell the production for a reasonable price.  If they still plan on starting production by end of Q3/early Q4, IACX will have to ship the modules to the site by mid-August to begin the assembly and allow for testing/commissioning. Two months since announcing the agreement with Edelgas and nothing to report, what gives?
I emailed investor relations more than 2 weeks ago and asked if they could confirm if IACX had started fabricating the HRU modules, crickets chirping.  No response.  One can only assume that IACX has done nothing at this point and will not start fabrication until there are signed sales agreements in place to their liking.
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