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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 > my guess last quarter revenue under 3 million
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Post by uograd on Oct 04, 2022 10:19am

my guess last quarter revenue under 3 million

actually quite a bit under 3 million.  we have seen the numbers for july and august as that is public information you just have to know where to look.

just ask yourself this if the numbers are so good why would they not report them to the masses.  are they afraid that they will be considered braggarts?  I think not.

as for the battery renovation,  drilling out abandoned wells is not easy nor cheap then you need to stimulate the zone then add a pump and facility expansion.

my guess is that was somewhere between 250-350k if it fact it even worked as that does not increase production it just lowers the operating costs which were brutal as quarter

but alas were here for the helium right, expect they can't finance it.  avanti who apparently have the greatest helium well ever drilled just cancelled their financing last night,
Comment by Wheels54 on Oct 04, 2022 11:41am
So what are their revs for July and August then? You sound unsure and vague on your statements. They are still the only HE company with any revs.
Comment by Wheels54 on Oct 04, 2022 11:43am
I'm really surprised you still own any shares if this is how you feel about everything.
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