Phase2 may propel CTP as one of the most foremost supplier of Helium to global markets, the demand as stated by JH in his board room radio interview certainly indicates the growing appetite for helium.
JH has never been shy in promoting CTP as being able to commercialise volumes of Helium. Australia has one of the harshest environments in the world however, the debate about transporting this valuable commodity also no longer presents any concerns, Helium can easily be stored in tanks and transported by road freight as required. I also read somewhere that the new Helium plant in Darwin has or is about to be commissioned, perfect timing for CTP.
Lets not lose oversight that CTP, primarily it?s joint venture partner HE nuclear has the calibre of data that would indicate any drilling for Helium in the Amadeus and Magee prospects are likely to provide monetisation opportunities.
CTP previously announced that the prospect has a potential to host up to 200 billion cubic feet of Helium. If we put this figure into perspective Helium may be sold at around $100 per thousand cubic feet compared to $3.00 in Australia for equivalent volumes of natural gas. For the mathematicians amounts us, anyone willing to do some figures?
The potential benefits for the monetisation/commercialisation of Helium for CTP is simply put as being mind blowing. The great thing about this prospect is that infrastructure required to established for this venture/operation does not need to be over exhaustive nor expensive.
The out look for CTP at the moment is looking up and would anticipate that the next few months provide an interesting journey for the share price.
Is it not Helium that is known as being laughing gas, I for one will be laughing all the way to the bank, bring on phase2 my friends.
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