This announcement / report is based on the minimum- lowest raw Helium gas flow rates of 400,000mcf/day x 6 to 10 wells being planned for the Voyager Prospect area known for high-grade helium of 8% +.... even if the this report eventuates at 8% high- grade Helium x 6 to 10 wells at Voyager Prospect area only, this will be a huge result with Net revenue for the 6 wells only each producing a minimum of 44,000mcf/ pa over the first 12 months period ( without stimulation work on the wells ) ..... do your maths SpiderMonkeyZ... and then.... when the stimulation work happens after 12 months period of the 6 wells producing at a 8% high-grade Purity Helium , this flow rate after stimulation could become 5 x the initial flow rates for about 15 to 20 years....IMO...DYOR ..
So 44,000mcf/pa x 6 to 10 wells minimum at 8% x $2,000mcf = Big...$$$ ....... Massive Net Profits for BNL shareholders just on the helium composition +....CO2 gas Production ......IMO...WOW..
DYOR ..this not investment advice. GLTALSH
256lith
BNL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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