Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-46

Hi SM,

Here are my rough sums:

Earlier I estimated that full capacity LNG should pull in about $3,735,000.
Phase 1 helium production capacity is stated as 350 kg/ Day at full throttle. That’s about 31.5 tonnes/quarter. If they’re selling at $500/mcf, that equals an income of about $3,350,000.

So a combined income of $7,085,000 per quarter. So what is our breakeven point?

You indicated we need $2,700,000 to pay Production, Staff and Admin costs.
This is 38% of $7,085,000.

So! Assuming Phase 1 can get to 38% of nameplate production for LNG AND helium then it should breakeven. (Probably even be able to pay off some loans if higher.)

Doesn’t seem to be such a big ask?