"There is no business case for standalone helium production, it is only viable as a by-product, whether traditionally from O&G, or potentially from Natural Hydrogen discoveries such as Ramsay"
@CEOChair, I'm afraid you need to do more research here.
https://www.chemengonline.com/air-products-opens-doe-canyon-helium-plant/?printmode=1
https://www.prnewswire.com/news-releases/air-products-holds-grand-opening-at-its-doe-canyon-helium-plant-300130898.html
"The Doe Canyon helium plant is the only one in the world extracting helium from a gas stream composed primarily of carbon dioxide"
That was put into operation way back in 2015 and has produced successfully ever since, the helium grade is widely quoted as being 0.4 - 0.5%...
As per the last GHY announcement;
"Two samples undertaken by SLB were recovered from 778mMD at the base of the Kulpara Formation and their associated gas composition was analysed by a specialised third partly lab. Those samples were found to contain 6.8% and 6.1% helium as part of the raw gas composition. The laboratory also advised the Company of air corrected values of 17.5% and 15.9% helium for these samples by mathematically subtracting assumed air contamination due to the presence of oxygen in the sample."
You've posted bearish comments here for the last 6 weeks, including a sell sentiment at 0.26... it's safe to say you've called it completely wrong so far!
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