GGE 0.00% 0.5¢ grand gulf energy limited

IMO....Catpital expenditure to Stimulating Jesse-2 well will...

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    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



 
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