IMO only and understanding of Helium ..BNL has a Very Pure Play high-grade Purity Helium deposit / leases which our Helium can achieve a 98% purity atfer our Modular facility process and is very day of the week a excellent Helium product for 90% of applications. And we can achieve prices between US$1,000 to US$5,000 in some cases...
in your calculations can you now use 6.4% as an average grade for 5 Helium wells I believe we can achieve, that can produce a flow rate of 500,000mcf/ day minimum before any fracking has been done to the well at US$1,000 for long term offtakes rates at the moment?
I believe the price of Helium will still have more up ward movements in prices ...just like lithium has done.... Now over US$8,000 / tonne for 6% Spodumeme and a long term offtake agreement of 5% Spodumeme at US$5,000/tonne......nobody Predicted prices like these for lithium.
most Helium today comes as a by product from natural gas and oil productions wells ...which require expensive intense process to achieve 99% pure Helium.
DYOR ..
256lith
BNL Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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