256,
I have always liked your enthusiasm for the team. Got to run with this line a little.
"( "Helium 3 " 100% Purity ) is worth US $28 Million/ kilograms , there is 5 kilograms / 1mcf"
Unfortunately (and I would love to say it's not so")Helium-3 (³He) is an exceptionally rare and valuable isotope, with market prices ranging from approximately $20 million to over $30 million per kilogram.
However, the claim that there are 5 kilograms of ³He per thousand cubic feet (Mcf) of gas appears to be a significant overestimation
Understanding Helium-3 Concentrations: - Natural Abundance: ³He is present in Earth's atmosphere at about 0.000137% by volume, equating to 1.37 parts per million (ppm) . In terrestrial sources like natural gas, ³He concentrations are typically even lower, often in the parts per trillion range.Extraction Challenges: Due to its minuscule concentration, extracting ³He from natural gas is technologically challenging and economically unfeasible with current methods.
-Calculating ³He Content in Natural Gas:Assuming a generous ³He concentration of 0.1 ppm in natural gas:
1: Volume of ³He per Mcf of Natural Gas:
-1 Mcf = 1,000 cubic feet = 28.3168 cubic meters.At
-0.1 ppm, the volume of ³He is 0.0001% of 28.3168 m³ = 0.0000283168 m³.
2: Mass of ³He:
- Density of ³He gas at standard conditions is approximately 0.164 kg/m³ .
-Mass = Volume × Density = 0.0000283168 m³ × 0.164 kg/m³ ≈ 0.00000464 kg (4.64 milligrams).
This calculation indicates that each Mcf of natural gas contains only about 4.64 milligrams of ³He, far less than the 5 kilograms suggested.
-Economic Implications:Given the extremely low concentration of ³He in natural gas, extracting meaningful quantities would require processing vast volumes, rendering the process economically impractical. Consequently, ³He is primarily obtained from the decay of tritium in nuclear reactors, where it is produced in more appreciable amounts.Wikipedia
Conclusion:While ³He is indeed a highly valuable isotope, its scarcity in natural gas precludes it from being a viable source for extraction. The figures suggesting 5 kilograms of ³He per Mcf are not supported by current scientific understanding and data.
Not a slight on your post, as I would love to have such a cat come out of the bag for shareholders..
As you posted about it, I had to dig a little deeper to decide if it was worth a bit more of a punt on BNL. But let's see how markets go next week. It looks like a blood bath again unless you have good goldies.
A little more reading:
https://www.interlune.space/blog/what-would-the-world-look-like-with-an-abundance-of-helium-3
https://**promotion blocked**.com.au/gold-hydrogen-elevated-levels-rare-valuable-helium-3-isotope-ramsay-project/
https://english.elpais.com/science-tech/2024-05-12/helium-3-mining-the-fuel-of-the-future-on-the-moon.html
- Forums
- ASX - By Stock
- Ann: Jackson 29 Intermediate Section Drilling Complete
BNL
blue star helium limited
Add to My Watchlist
0.00%
!
0.6¢

256, I have always liked your enthusiasm for the team. Got to...
Featured News
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.
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.16M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.5¢ | $84.71K | 14.02M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 723088 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 6040687 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 723088 | 0.006 |
25 | 17276642 | 0.005 |
15 | 32528162 | 0.004 |
7 | 15043336 | 0.003 |
6 | 20032500 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 6040687 | 13 |
0.008 | 12408805 | 28 |
0.009 | 4841144 | 12 |
0.010 | 1683855 | 5 |
0.011 | 2027517 | 4 |
Last trade - 15.57pm 17/06/2025 (20 minute delay) ? |
Featured News
BNL (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online