BNL blue star helium limited

Ann: Significant Helium Discovery at State 16 Well, page-17

  1. 4,685 Posts.
    lightbulb Created with Sketch. 1015
    With 7 wells total of about US7m/yr from helium at US500/mcf plus total US2m from the CO2 at US$4/mcf.

    Operating costs using a leased plant I guess make sense with high helium percentages as it avoids the cost of buying a plant upfront for maybe US15m or so?

    If margins are tighter at 2% with a leased plant maybe margins are better if the about US15m-US20m plant was owned by BNL versus leased but money would be needed upfront to buy such a plant.

    If accurate bnl showed helium operating costs about US4.5m/yr of which a big chunk will be leasing the plant from IACX.



    https://hotcopper.com.au/data/attachments/6220/6220686-dc2359bf5816bdb4e8fa8c8aa8e4e294.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
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $16.16M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $3.632K 553.9K

Buyers (Bids)

No. Vol. Price($)
15 7176351 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1872514 5
View Market Depth
Last trade - 15.31pm 28/07/2025 (20 minute delay) ?
BNL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.