Helium is an element that doesn’t often come to mind when thinking of essential resources. But, when you look deeper, helium is a key element used in things such as cryogenics, aerospace, and semiconductor manufacturing, among others. And with helium in shortage, this has made it an extremely interesting industry for companies to begin exploring new helium resources to help satisfy demand, as helium’s use isn’t something that we can replace.
https://www.nbcnews.com/health/health-news/helium-shortage-doctors-are-worried-running-element-threaten-mris-rcna52978
To reduce risk and maximize return in junior exploration, finding companies that have already proven their properties are resource rich is essential.
- Their Steveville helium plant is already fully funded and is under construction, meaning that they’re going to be able to produce in a short time without having to dilute anymore to get the project completed.
- They also have a number of other high-potential projects, such as Nazare and Val Marie which means that once production is going, they’ll still have a lot of growth potential.
Overall, definitely keep an eye out for the completion of the Steveville plant, as once completed, the potential here will be unmatched in the industry.