Yes every project can be different from flow rates to processing costs etc..
From what I understand 0.3% helium is sometimes mentioned as a threshold to be commercial however at a guess given more than 95% of the world's helium production is as a byproduct of natural gas the 0.3% helium is as a by-product of nat gas revenues also. For instance 90% of the raw gas stream being nat gas making revenues and then anything above 0.3% helium as a by-product likely to be profitable.
Albeit Qatar a major helium supplier doing about 30% of the global helium market does it at like 0.1% helium as a by-product of nat gas.
If helium is stand-alone at a guess the helium concentration needed would need to be a bit higher than 0.3% depending on case by case costs etc..
Hence why CO2 would be great for BNL as a by-product so it not just 2% of the raw gas being helium and they can't commercialise any of the other 98% of the gas stream. If they can make a profit on the 60% that's CO2 that would be a plus.
BNL Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
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