Yes i believe the Master Service Agreement ( MSA) and BNL Mortgaging the Voyager lease based on the finding of 8.8% Helium composition and 400,000mcf/day flow rate... This agreement , is an outstanding Accomplishment on its self by Trent and the team . But No this is not what I ment ...
Debt financing facility agreement in place was my understanding, based on when we start producing from 2 wells at Voyager lease with a 8% Helium grade , the other wells to be drilled would be funded this way. I can't remember exactly where I recall hearing Trent saying this, it must of been in a BNL youtu.be interview . It definitely wasn't in any BNL announcements..
Just like the answer Trent gave on a radio interview , Where Trent said it would cost US150.00 to produce 99.9995 grade Helium from our 98+% Helium gas produced at BNL leases. This radio interview link was posted here on this forum by a HotCopper poster which I haven't been able to find this radio interview link, post on here again . this is also not in any BNL announcements...
I hope this explanation helps you.
DYOR GLTALSH 256lith
BNL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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