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Bullboard - Stock Discussion Forum 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... see more

TSXV:AVN - Post Discussion

Avanti Helium Corp > Delay and missing pieces.
View:
Post by wallpaper2 on Mar 23, 2023 9:34am

Delay and missing pieces.

It was trading at .80 cents on Jan31st. It dropped to .57 cents after people read the results. Still only 1.1% Helium which is half what they hoped for. No mention of the most important Flow Rate??? No off load contracts? No facility costs. Production moved to 2024 or beyond. No partnerships. No more drilling announced. Only 1 decent hole completed the past 12+ months. No MONEY.
Comment by Peggy123 on Mar 23, 2023 11:22am
This is a response frim Bruce Campbell      My take is this is positive.  The engineering report is third party and confirms what they have found.   As far as needing to raise cash.  They just completed the raise, which is why the stock is down here.  This should take to another well.  If they get an offtake they should be able to build the ...more