TSXV:TOH - Post Discussion
Post by
MarketMakerss on Jul 18, 2023 5:31pm
Potential for 300 operational wells
The helium market is experiencing remarkable growth, projected to reach a staggering $5.03B this year. This presents a significant market opportunity as to grow to $5.03B this year creating a significant market opportunity as global demand continues to exceed the world's current production rates worldwide.
Total Helium (TOH.v TTLHF) is emerging as a standout player in this industry, offering immense potential to investors. Committed to establishing helium independence in North America, TOH distinguishes itself as the sole publicly traded helium company currently producing helium from its wells at the Pinta South Project.
Actively engaged in its 27,000-acre Pinta South Project situated in the helium-rich Holbrook Basin of Arizona, TOH is on track to have 30 wells in operation by year-end with 300 wells as the end goal.
Notably, the project has helium concentrations ranging from 5-8%, surpassing the average helium concentration of up to 3% and underscores the substantial potential and economic viability of the project.
TOH is partnered with Linde (LIN, over $170B mcap), the largest industrial gas company in the world, to sell its helium at USD$500/MCF, ensuring robust economics.
Posted on behalf of Total Helium Ltd
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