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Avanti Energy (symbol: AVN-X) is currently positioned optimistically as it has established a pipeline that is awaiting the necessary facilities for operation. A significant development hinges on a pending sales agreement, which management confirmed has the potential to positively impact helium prices. This agreement is critical, as it will enable the company to secure debt financing, which is essential for building out its facilities and commencing production. The experts emphasize that once the sales agreement is finalized, it will provide an opportunity for investors to increase their positions, signifying a step towards larger operational and financial capabilities for Avanti Energy.
Are in helium in Canada and U.S. with 3 successful wells. After drilling, they're now getting that helium to market. A US partner will process the gas. What price will they get? They project $20-30 million which would allow them to drill even more wells. Helium is far more stable than natural gas. he expects a January effect for AVN. Last year, they raised money for production but impatient shareholders sold, and they've seen tax-loss selling last month. It's one of his larger holdings.
Now has a production partner, and they're building production facilities with estimated placement by late 2023/early 2024. Waiting for a contract, and what the price will be. He expects cashflow in 2024 of $25M.
Believes large opportunity in Helium sector.
Stable demand for Helium - good for business model.
Management team transitioning from energy sector.
Facility in place to process Helium gas.
Expecting production in early 2024.
Free cash flow expected @ ~$40 million in 2025.
Very under followed/under valued stock.
Very impressed from an operational standpoint. Market has oversold stock. Drilled wells that have been successful (top 3 in North America). Recent fundraising cancelled due to weak share price. Drilling program is risky. Complex financing strategy has put pressure on the share price. Continues to hold shares and likes the company.
Believes that demand for Helium will continue to increase. Existing management team has quality experience. Last well was most successful in North America (have 5 more wells planned in the same area). Major upside for shareholders if wells are successful.
Avanti Energy is a Canadian stock, trading under the symbol AVN-X on the TSX Venture Exchange (AVN-CV). It is usually referred to as TSXV:AVN or AVN-X
In the last year, 1 stock analyst published opinions about AVN-X. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Avanti Energy.
Avanti Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Avanti Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Avanti Energy In the last year. It is a trending stock that is worth watching.
On 2025-03-19, Avanti Energy (AVN-X) stock closed at a price of $0.115.
Pipeline in place right now, waiting for facilities. Big thing right now is a pending sales agreement. Management confirms this week that helium price has a chance to move up, and focus is on getting the sales agreement done. Once the agreement is in place, you can step in with a bigger position, because company can then secure debt, build out facilities, and start producing.