IMO....Catpital expenditure to Stimulating Jesse-2 well will cost No more than $700,000 + another $100,000 to connect our raw Helium gas to the Lisbon Valley Helium pipeline.
+ 5,000,000Mmcf/ day minimum of raw Helium gas at 0.009% and US$1,000/ mcf minimum
( but premium Helium at 99.995 is currently selling for US$3,000/mcf) which should give us / day revenue of
+ US$50,000/ day .
$50,000 x7 days = $350,000/ week x52 weeks = US$18,304,000 minimum/ annum at US$1,000/mcf only.
IMO this is achievable without another Capital Raising .
We should take the risk and stimulate Jesse-2 well.
DYOR
GLTALSH
256lith
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
IMO....Catpital expenditure to Stimulating Jesse-2 well will...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGE (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.208M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $525 | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 14379358 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3524702 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 14379358 | 0.003 |
13 | 9149263 | 0.002 |
11 | 62700009 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3524702 | 2 |
0.005 | 15187564 | 13 |
0.006 | 3010015 | 5 |
0.007 | 2761000 | 3 |
0.008 | 450000 | 1 |
Last trade - 14.10pm 12/09/2024 (20 minute delay) ? |
Featured News
GGE (ASX) Chart |