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Helium stock7/29/2023 ![]() We’re looking at a fast-moving play with world-class helium potential and a management team of world-renowned wildcatting fame. Industrial Gas Companies have been paying a premium to Russia and Qatar for helium, so a sizable North American option is not only ideal-it’s vital.īoth Total Helium (TSX.V:TOH) management and Linde have significant skin in this game which could provide a serious boost in investor confidence.Īnd they’ve just spudded their first well, with completion targeted for this December. That search has taken them as far away as Russia and Qatar, but transporting helium that far is a risk because it is not bound to the earth by gravity and can leak away. Linde bought much of its past helium from the BLM, but now they have to look elsewhere. A NASA space shuttle requires 1 million cubic feet of helium just during the launch countdown. Fiber-optic telecommunications might be impossible without helium. Now, helium is a key to our supercomputing power. During the Cold War, helium was used for cooling the tips of missiles. Since then, helium has been considered a strategic gas held in a federal reserve. The Bureau of Land Management (BLM) first jumped on helium in WWI, feeding technology that sent helium balloons to bomb our adversaries. In other words, there is nothing that can replace it. Helium is extremely lightweight, non-reactive, and can liquify at extremely low temperatures. #4 North America is Desperate for Home-Grown Helium They also have a $360,000 consulting contract with Linde for establishing underground helium storage facilities, with 50/50% ownership deal. And they’re set to receive another $950,000 as they spud their first wells. The company has already received $950,000 in the form of an upfront payment from Linde. This partnership deal also looks like an ideal setup for generating cash flow for Total Helium. federal helium is planned to be auctioned off to private investors. federal helium reserve in the entire world. Total Helium (TSX.V:TOH) and Linde have a JV deal that may see them create the only alternative helium storage facility to the U.S. Linde (NYSE:LIN) is a $160-billion-market-cap major that provides atmospheric gases to customers in multiple trillion-dollar industries, from petroleum refining, aerospace, electronics, and healthcare to manufacturing, food and beverage, chemicals and water treatment industries. Royal Helium stock moved up 9% to $0.235 following the announcement.Īnd, HealthLynked (OTCQB:HLYK) Corp shares rose 20% to $0.074 on Thursday after the provider of healthcare technologies announced a new affiliation agreement with Fitness International, LLC, the operator of LA Fitness, City Sports Club, and Esporta Fitness brands.A partnership with a huge multinational industrial gas company makes this opportunity a rare one for a junior player. Royal Helium Ltd (TSX-V:RHC, OTCQB:RHCCF), meanwhile, reported that it has secured the funds necessary to finance the company to first helium production at the Steveville helium field in Alberta by the second quarter of 2023. READ: I3 Energy confirms strong production into year end and details 2023 capital programme I3 also noted it is increasing its 2023 minimum dividend by 59.4% above the total dividends paid during 2022. 11:20am: Fission 3.0, i3 Energy shares advance sharplyįission 3.0 Corp (TSV: FUU) shares climbed 15% to $0.31 on Thursday after the uranium project generator and exploration company announced that it has received uranium assay results from the discovery hole PLN22-035 at its Patterson Lake North project in Saskatchewan’s Athabasca Basin, which included one continuous 15.0 metres (m) interval averaging 6.97% U3O8 (uranium oxide).Īs well, shares of i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) gained 13% to $0.39 as the independent oil and gas firm confirmed a new company production record at just over 24,000 barrels of oil equivalent per day (boepd) in December, exceeding previous estimates, and forecasts an annual average year-over-year production increase of between 10% and 13% for 2023. ![]() ![]() 4:05pm: Royal Helium shares add to gains late afternoonįission 3.0 shares closed up 9% at $0.295, while i3 Energy rose 13% to $0.39, Royal Helium finished 16% higher to $0.25, and HealthLynked (OTCQB:HLYK) ended up 14% at $0.07. ![]()
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