Bullboard - Stock Discussion Forum Avanti Helium Corp V.AVN

Alternate Symbol(s): ARGYF | V.AVN.WT | 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... see more

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TSXV:AVN - Post Discussion

Avanti Helium Corp > Good results are already built into the share price.

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Post by wallpaper2 on Nov 29, 2022 1:26pm

Good results are already built into the share price.

Appraisal hole is expected to add to the reserve.
They said they require a processing plant, a contract from a buyer and a Cash Flow before we can expect any significant change in price. Spring (April-June) was mentioned as the earliest for the onsite facility to be built and installation to begin. By the time the wrinkles are ironed out and delays are factored in we could be looking at the summer months (July-Sept.) before operational and then we wait for the first cheque to be deposited.. In the meantime they need to raise more money to pay for the facility and more drilling which could be hit or miss? Big dilution either way.

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