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-3https://**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
(20min delay)