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11:23
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Originally posted by thewrango
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Another great announcement !! The fundamentals of this opportunity have not changed, if so, only getting better and better. World class hydrogen and now world class helium in significant purities. The world is exploring for and moving toward greener, cleaner and renewable energy sources. The Koloma project out of the US and other opportunities are seeing huge investment in this sector. The Japanese Govt alone is looking to move to net zero with a mandate for hydrogen making up at least 30 percent of supply. Huge upside for GHY as a hydrogen play, and a real opportunity for faster realised cash flows through helium than originally modelled. The market needs to wake up and understand the opportunity here. Agree below, technology exists for extraction efficiencies. Saw these guys present recently and I was given further confidence in their story. This announcement looks to only open the throat to more international players seeking further interest in GHY...
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How many times do you have to be told? You pump out formation water, you mess with the reservoir pressure, the entire well is rendered uneconomic.
(20min delay)