I believe it's less then 2% - stated at 1.9%.
And from the update announcement:
We are very pleased with the results of the State 16 well, drilled on schedule, and at a significantlylower cost than previous wells.
Drilled on schedule - to reach the five required so as to satisfy vesting. Of course they're very pleased.
So, when will all those discussions result in getting helium to market - shame the drilling vesting conditions didn't include 'and all drilled holes must present helium to surface and agreements in selling price'. AIMO
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