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1.61% 6.3¢ invictus energy ltd

Price of helium is high at the moment with spot between...

  1. Mr.Hustler
    5,709 Posts.
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    27/02/24
    13:52
    Post #: 72620494
    Price of helium is high at the moment with spot between $2000-3000 per mcf. If we are talking 1% helium that's 10 bcf per 1 tcf found. I believe its 20-30 million dollars per tcf of gas found for each % point of helium. Probably won't make a lot of difference to our bottom line unless you find more tcf or a higher % of helium (or both)
    IVZ Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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