RE: Google, Amazon and Netflix Are Fighting Over Falling Helium Supplies14 Feb 2024 16:31
Very Interesting, surprised no one has replied to this:
Avanti Energy has a 100% operatorship of this property and the company’s experienced technical team has identified 17 drilling targets in the region.
Avanti’s geological interpretation of the Greater Knappen property estimates an undiscovered resource potential of:
* Low case: 1.4 bcf of Helium
* Mid case: 4.4 bcf of Helium
* High case: 8.9 bcf of Helium.
Based on these estimates – and current helium prices – it’s possible that Avanti Energy Inc. (TSX:AVN.V; OTCMKTS:ARGYF) could be sitting on as much as $1 billion worth of helium.
Isnt the basin that HE1 is drilling into, an esitmated 53BCF? So based on the above numbers, doesnt this work out to be around $6 Billion?
In Avanti’s case – with a helium concentration potentially as high as 2%, HE1 is around 4.7%......
Hmmmm