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Bullboard - Stock Discussion Forum 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... see more

TSXV:AVN - Post Discussion

Avanti Helium Corp > What is a realistic share price here?
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Post by wallpaper2 on Nov 01, 2022 6:05am

What is a realistic share price here?

We will be pushing 70 million million shares outstanding without counting the outstanding 9 million warrants etc.being exercised. Factor in a few more necessary raises to drill the remaining 8 targets with possible appraisal wells and thru the roof rising costs doubling the cost every time. Desert Mountain DME is miles and years ahead of us in every department imaginable. Their numbers are off the chart, they have completed many wells and we may never reach their level without issuing 200-300 million shares or more. Their share price has dropped from $4.45 to $2.05 even though helium has risen as much as 20X. AVN's float is going to make theirs look minuscule and they are about to test their 52 week low of $1.66. Is AVN really worth $.90-$1.00 a share or is it finding its real value now.
Comment by canuckktrader on Nov 01, 2022 1:43pm
DME has a tight share structure but I think eventually you will start to see it come down peronsally I dont think their assets are anywhere near is good is what AVN has. If you look at some of their previous NR it's hard to see how their wells are going to flow with the pressures they have..... they put out some high helium numbers but with such low pressure it will be interesting to see how ...more  
Comment by gimebackmymoni on Nov 01, 2022 1:49pm
This post has been removed in accordance with Community Policy
Comment by gimebackmymoni on Nov 01, 2022 1:53pm
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Comment by vitalina2233 on Nov 01, 2022 3:09pm
Agree   not much longer till we get numbers Papi
Comment by bunser49 on Nov 01, 2022 9:19pm
Papi, I am at BBLP  awaiting results..it will be a while but will be worth the wait. Cheers 
Comment by vitalina2233 on Nov 02, 2022 8:32am
where bouts.  lol
Comment by gimebackmymoni on Nov 01, 2022 6:44pm
This post has been removed in accordance with Community Policy
Comment by littledave55555 on Nov 01, 2022 7:40pm
u have to remember Russia big plant us down till mid 2023 2 explosions an a fire there...
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