TSXV:TOH - Post Discussion
Post by
MarketMakerss on Jul 21, 2023 9:00pm
Significant contribution to alleviating the helium shortage
Total Helium (TOH.v TTLHF) is uniquely positioned to make a significant contribution towards alleviating the helium shortage. Dedicated to establishing helium independence in North America, TOH stands out as the sole publicly traded helium company that is currently engaged in producing helium.
TOH's Pinta South Project, located in the helium-rich Holbrook Basin of Arizona, spans 27,000 acres and has made impressive strides. The project is set to operate 30 wells by the end of the year, ultimately expanding to over 300 operating wells.
What sets the Pinta South Project apart is its helium concentrations, ranging from 5-8%, surpassing the average helium concentration of up to 3% and underscoring the project's immense potential and economic viability.
Additionally, TOH has secured robust economics for this project through a lucrative partnership with Linde (LIN, +$170B mcap), the largest industrial gas company in the world, for the sale of its helium at USD$500/MCF.
Posted on behalf of Total Helium Ltd
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