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Bullboard - Stock Discussion Forum First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. is a Canada-based independent provider of helium gas in North America. The Company is exploring and developing a premier helium project in Alberta, Canada. The Company's Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 53,000 acres with multi-commodity exposure to helium, as well as oil, natural gas liquids (NGLs) and natural gas. Its... see more

TSXV:HELI - Post Discussion

First Helium Inc > anybody know where to get a spot helium price
View:
Post by uograd on Apr 02, 2022 9:04am

anybody know where to get a spot helium price

I would like to know what pricing the boys are using for that sproule engineering report that gave that helium well a npv of 15.2 million "best estimate"


like to do a little ciphering of my own on that well as helium still pretty much a mystery to me.
Comment by Ebenizer3 on Apr 02, 2022 1:16pm
might be easier to ask for world peace, since there is no commodity market at the present time, basically have to call linde or air products etc. or a party balloon retailer lol. with the oil component 1st Hel is in a very good position. Hopefully this management team shoots the shareholder straight and doesn't over promise what they can deliver on the helium and NG side of the business. Good ...more  
Comment by Shaawn359 on Apr 03, 2022 4:30pm
Spot prices for gaseous helium in the United States is firmly between 2k and 3k per mcf (1000) at the moment. This will swing higher as the disruptions and shortages continue. https://mobile.twitter.com/theedelgas/status/1502736072375259147
Comment by Zaphod on Apr 03, 2022 8:31pm
Funny thing I read was usually Algeria is a huge supplier as they strip the helium out of their natural gas supplies. Due to the Ukraine war they are  shipping the gas without stripping of the helium. This and the shutdown of Russia have created a temporary shortage
Comment by forwardflash on Apr 03, 2022 9:01pm
I wouldn't argue the point, but what I read was Helium was in short supply before the war, the recent events exaserbated the shortage. 
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