I have read a few times that helium is about x100 the price of nat gas. So very roughly 10bcf of helium would be equivalent to about 1tcf of nat gas or 100bcf of helium would be equivalent to about 10tcf of nat gas.
I guess HE1 and NHE taking different pathways and agree HE1 is poorly managed having two years between drills 2021 - 2023.
NHE farming out potential scenario of 50% of 20bcf target(s). For reference global helium usage is 6bcf of helium per year approximately and I think NHE hope to prove up like 7bcf of helium enough to underpin a decent production facility. Has NHE mentioned the cost for a manufacturing facility?
NHE Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
