Avanti Helium Corp V.AVN

Production Delays

[Greygoat420]

This stock will continue to drift lower in the next few months. Quarterly MD&A was posted to SEDAR on August 30th. Management are now looking for production to start in early 2025. That's right, another delay.  Until they sign some supply/sales agreements, IACX will not start building the MWPP.  Management have pis*** away any confidence that the market had that they will ever be able to start production. From previous news releases Avanti is now going to be over one year behind the original schedule that Bakker had announced back in October/November 2023. You can't keep moving the goalpost. Also, Stonecastle liquidated their entire holding of Avanti in June and July. They only hold warrants now which are worthless and will likely expire. This latest non-brokered deal smells like desperation to keep the lights on for another few months.

[Janniem]

Okay if they are saying production in 2025 that is not good. Where is this information coming from and if it is true than they should stop throwing out unrealistic dates. They completely lose their credibility. I had heard first quarter of 2024. Has anyone talked to investor relations?

[Peggy123]

Next year. 4 month away. Big deal   Papi

[Bucketshop]

Another anchor on your PATHETIC portfolio!!

[Greygoat420]

Go to the SEDAR website.  This is taken directly from the MD&A posted on SEDAR along with Q2 financials: "The Company is currently focused on moving towards the processing the raw gas, and distributing (i.e., selling liquid) helium towards early 2025." They couldn't even put together a proper sentence, "the processing the raw gas"?  Does anyone even proof