Ann: Rig Mobilised for Jesse-2 Helium Well, page-4

From a recent article the GGE target prospective resource could now be as big as 25bcf of helium.

For potential consider liquid helium in the spot market is going for US$2000/mcf + and on the low side gaseous helium for about US$500/mcf.

Compare that to nat gas prices of like US$2.5/mcf/mmbtu and what GGE is drilling is the equivalent in dollar terms a many multiple TCF nat gas resource.

Here it's already deemed independently previously by Sproule as a discovery and still only a AUD$40m marketcap the key being to convert the high pressure already confirmed downhole into a confirmed flow this time to confirm the commercial discovery.