Avanti Helium Corp V.AVN

Why O Why

[goldminertoo]

It's getting rediculois , proven large resource , pipeline and supporting infrastructure built , marketing agent hired and here we are at 20c ... something has to give ... no way should this be sitting at this level ...

[Auroratrout]

Completely agree with you.  Fair market value for this company is somewhere near $ 0.30.   They 've got the deal with IACX as soon as they sign that offtake agreement.  Chris told me last week that the current helium price is some where in between $ 600 - 450.   With Edelgas's help I believe we see an agreement soon.

[TheInsultant]

Wellhead maybe worth .30 but with that resource in place confirmed by McDanials I get more like .80 and yes hard to believe this is where it's at. 

[TheInsultant]

Actually just did another calculation based on 221 MMcf  ( based on McDanials updated contingent resource estimate ) of helium using US $350mcf and I came up with a share price of $1.12 CAD not including the value of other assets including the well itself. This makes no sense!

[goldminertoo]

Your price doesn't even reflect further wells being drilled and other exploratory properties that they control and no debt.  

[TheInsultant]

Yep exactly! I'm only talking Sweetgrass pool. Greater Knappen is approx 5 times bigger image that now. This is what Chris Bakker said about Greater Knappen We believe that our Greater Knappen Project presents a massive opportunity to the growing demand for helium from a wide spectrum of sectors such as medical, electronics and aerospace

[littledave55555]

Until they actually do something ,all your calculations mean nothing ... DME, SAID they had lots of pressure ,but once the processing plant was in place ..they need to frack the hole because for some reason they pressure they had disappeared.  An couldn't get permits to frack.So moved to new Mexico..  so until AVN start processing them calculations mean nothing.. 

[goldminertoo]

What the heck does DME have to do wth AVN , no comparison at all 

[TheInsultant]

He can't answer that because he doesn't know the difference.

[littledave55555]

All these little helium company's are all the same, asking for more an more money ,telling u they have lots helium in the ground, we are going to be processing in the 1 quarter, then second quarter ,we need a little more money now 3rd quarter ,but no results ... neather avn or dme have processed  helium for sale . Just keep asking for more money an diluting the shares ... that what I'

[littledave55555]

One last thing ,I have emailed , AVN , asking a simple question , when are u going to be processing helium ..no answer ,same question to DME.. Don did get back an tell me they will be soon then later lol that was over a year ago... let's see some results people !!! Lol 

[goldminertoo]

Do you really think they are going to give you any info that they have not released in a news release ....  this board is about AVN not about DME , really no comparisons that equate to each other 

[littledave55555]

Well both say they have lots of helium, an both say they have processing plants in place, both keep changing the quarter they will be processing helium seem the same to me ... at 15 cent I will get back in.. it's coming soon  I figure 2 weeks 

[Auroratrout]

In a recent reply from Chris Bakker. I was told that the helium pricing currently sits in between $450 & $600 .  I also asked him about the number of times that the company had moved the Production Finish line.  He said that the dates had always been contingent on getting a suitable Off-take agreement in place .  The plan has aways been 6 months after an established agreement

[TheInsultant]

 I think the hold up is if IACX doesn't like the offtake agreement it's not getting done as they have certain requirements that need to be met in an offtake before they would be willing to build the PP. Who knows specifically what this requirements are as they could be length of agreement olong with helium prices.   The IACX Agreement is subject to customary termination

[Auroratrout]

You may have a point there.  IACX has certain termination rights.  It might be, that some of the items in the past agreements that were being negotiated by Avanti's team, were not quite up to the acceptance level of IACX,  and that's why we still have no agreement.   Now, I know from talking to Chris that the profit margin from Avanti's side is quite

[TheInsultant]

The bottom paragraph is a copy and paste from their  Annual Information Form.