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TOTAL HELIUM LTD - $TTLHF STOCK NEWS

Welcome to our dedicated page for TOTAL HELIUM news (Ticker: $TTLHF), a resource for investors and traders seeking the latest updates and insights on TOTAL HELIUM stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TOTAL HELIUM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TOTAL HELIUM's position in the market.

Rhea-AI Impact
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Rhea-AI Summary
Total Helium aims to establish helium independence in North America by providing a domestic supply of helium. Recent disruptions in Russian and Qatari helium exports have emphasized the need for a reliable domestic supply. Helium is crucial in various industries, including semiconductor manufacturing, welding, rockets, national defense, and medical devices. Total Helium's joint venture project in the Pinta South helium field in Arizona has the potential to expand operations to over 300 wells, with world-class helium concentrations of 5-8%. The company has a partnership with Linde PLC to sell helium at $500/mcf. Total Helium aims to keep the cost of each well at $220,000.
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-10.6%
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Rhea-AI Summary
Total Helium Ltd. is working to keep America and the world from running out of helium. The global suppliers of helium are primarily the USA, Russia, Qatar, and Algeria. The market for helium is forecasted to grow to $6.4 billion by 2027. Total Helium is positioning itself to be a top supplier of helium in North America and has acquired a helium field in Arizona and plans to establish a salt cavern helium storage facility.
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Rhea-AI Summary
Total Helium Ltd. (OTC:TTLHF) has completed the acquisition of a joint venture agreement for a helium field in the Holbrook Basin, Arizona. The agreement gives Total Helium a 20% interest in two currently producing wells and a 50% interest in eight additional existing wells. The purchase price is $12 million, with $8 million paid in cash and just under 11 million common shares provided. Total Helium plans to have 20 operational wells by the end of the first half of 2023.
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TOTAL HELIUM LTD

OTC:TTLHF

TTLHF Rankings

TTLHF Stock Data

4.30M
97.59M
13.53%
Oil & Gas E&P
Energy
Link
United States of America
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