IMO.. there is no doubt we all know now , BNL is sitting on an area of very high-grade Helium deposits , with a very large high-grade Helium leases holding, this puts BNL in a awesome position with a huge possibility in achieving :
10 - Helium Producing wells at an average grade of 6.4% He × 500,000mcf/d ( without fracking the He wells )
and at least another ,
30 - Helium Producing wells at an average grade of 2.2%He × 500,000mcf/d (without Fracking the He wells )
Helium prices in the US currently , are averaging a minimum of US$600mcf.... ( if you have an off take agreement ) , or as reported on ..... ( 16 Mar 2022 — Desert Mountain Energy Corp.'s (DME:TSX.V) anticipated top grades (99.9999% purity of He ). At Today's range is reportedly US $2,000 to $5,000/mcf price for Helium )
Pilbara Minerals is getting US$8,000 a tonne for spot price 6% Spodumeme Lithium today and has also signed a long term off take agreement for 5.5% Lithium at US$5,000/ tonne .
So IMO BNL can also achieve this in the very near future, I Believe once the market place realises the huge potential for BNL , and what BNL can achieve , there will have to be a rerate of its share price to about $1.20 / share .
GLTALSH
DYOR
256Lith
BNL Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
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