Separating the helium from the natural gas and storing the helium is expensive, time-consuming and difficult and therefore relatively rare. The national helium reserve is one of the biggest suppliers of helium. It was originally set up as a strategic store for supplying gas to US airships, but has auctioned its supplies annually to private industry since 2013. Last augest was the last auction of helium until 2021, this has dramatically reduced supply and forced up price...the current shortage is due to ease next year with supply coming into the market from other counties...helium is actually very widely used throughout industry and medical...question, what are the chances of glv bringing helium to market #$%* and what would that market look like ...limited players with big influence at present...good luck to all holders..
GLV Price at posting:
0.1¢ Sentiment: None Disclosure: Held
