No Capital Raising and diluting of BNL shareholders will ever be need for BNL , this is very obvious to ME, From One well ONLY at 8% BNL can produce 50 to 80mcf/ per day of HE ×$1,000/mcf = US$80,000/day ×7day =US$560,000/ week + CO2 production...and the cost of producing Helium and CO2 will cost BNL Next TO NOTHING TOO PRODUCE , Due too the US credits applied too the CO2 Gas we can produce .
BNL Capital Expenditure cost are ONLY $US2.9M / TO DRILL 5 Development/ Production Wells and connecting Them to a leased PSA modular purification processing System , this system is on skids and can be easly moved anyware on BNL'S leases .
How Good is this Capital Expenditure , ONLY US$2.9M FOR 5 WELLS drilled and connected to PSA , then onto trucks and sold at PREMIUM PRICES of US$1,000 to US$5,000/mcf this is very achievable.
( lithium spodumene was US$490/tonne now its US$7,000/ tonne)
Pure Helium Deposits are very rare and Helium is just as important to the US and the world and once the Helium has been used and released into the atmosphere it is gone for ever ..lol.... and can't be recycled.
There for IMO justifies the Helium Price of
US$ 5,000 /mcf for grade 5 to 6 Helium 99.9999
BNL Will be eventually producing.
The Helium and CO2 BNL will produce will
NOT CONTAMINATE the surrounding grounds and water supply or causes any Green House Emissions either, BNL has a Pure Helium composition with NO Contaminates that will hurt the environment, even when the high pressure water simulation is used later in the process, within our Pure Play High-grade Helium Fairway BNL has confirmed they have found, with a good seal covering the high-grade Helium reservoir within the Helium Fairway at Voyager and Galactica Pegasus prospective leases ......
IMO BNL is in an Awesome location and is worth the
risk V rewards investment for me ONLY, DYOR
( Debt financing will be the preferred Capital Raising ,
Because BNL Will be a Money Making Machine once BNL starts a continuation of development/ production wells drilling Program.... IMO.... you wait and see .)
this is Not investment advice I am simply interpretering all BNL'S announcements and videos interviews and putting my views on hotcopper .
DYOR
GLTALSH
256lith
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