BNL blue star helium limited

Ann: Significant Helium Discovery at State 16 Well, page-15

  1. 4,681 Posts.
    lightbulb Created with Sketch. 1015
    About US1m/yr at US500/mcf for the helium and about US300k/yr for the CO2 at US4/mcf.

    You'd need 7 wells to reach raw gas input of 2mmcf/d =2000mcf/day at 285mcf/day if the average across more wells.

    At 8% operating costs are US120/mcf ? So if at about 2% only a quarter of the helium produced so are costs quadrupled to US480/mcf ?

    Output is only gaseous helium so a good price is maybe US500/mcf + but potential for higher prices if for instance the helium can be liquefied into liquid helium at any nearby helium plants with that capability or all spot sales for the gaseous helium..

    So helium at US500/mcf that's maybe borderline if costs are like US480/mcf for the helium at 2% so important BNL can do the economics and clearly show healthy margins by having the helium gas liquefied elsewhere etc.. ? Sign an offtake well above US500/mcf etc.. ?

    Not sure also if added costs to extract the CO2.


    https://hotcopper.com.au/data/attachments/6220/6220287-c725f4035bf606289cbe388b39cdbce6.jpg
    https://hotcopper.com.au/data/attachments/6220/6220278-ffd36a8a32f8cf0f045b8696c4d0e972.jpg

    https://hotcopper.com.au/data/attachments/6220/6220284-c171a96024561c4c5d09e2f115a21eaa.jpghttps://hotcopper.com.au/data/attachments/6220/6220281-2d5567cd0ac6d4a81c4c3687ef3d3ff7.jpg

    https://hotcopper.com.au/data/attachments/6220/6220275-34dc06f6677de13507db40c137fad429.jpg
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $18.86M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $5.263K 808.3K

Buyers (Bids)

No. Vol. Price($)
15 6092007 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 2264924 4
View Market Depth
Last trade - 13.34pm 25/07/2025 (20 minute delay) ?
BNL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.