Closing out the week on The Daily Dive is that of Ed Bereznicki, CEO of First Helium (TSXV: HELI), and a first-time guest to the show. We start off the interview by discussing the current helium market, whether it can support additional supply, and what additional use cases present an opportunity for the space. Next, we get a high-level overview of First Helium, including timelines for bringing online additional wells and further exploration of their properties. We close out the interview by discussing key metrics to watch over the near term.
First Helium is a production stage helium firm with assets focused in Northern Alberta at its Worsley property. The company boasts 79,000 acres along the Worsley Trend, along with 276,000 acres in the Southern Alberta Helium Fairway. Production is currently ongoing at Worsley, where the company is producing light crude oil as well as helium, generating cash flow for the exploration-stage company.
Information for this briefing was found via Sedar and First Helium. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
