Hi @Zigipop thanks for the idea I have studied BNL announcements...

Hi @Zigipop thanks for the idea I have studied BNL announcements for the last year and with the latest announcement 30/6 which has figures by which I could make an estimated market cap attempt.
The figures will depend on BNL attaining the outcome they have planned being completed successfully.
He price is based on US$450mcf long term flat and a 10% discount - every US$50mcf increase in He price would lift SP A$ 0.02
The gas BNL is targeting has virtually no hydrocarbons and so it would qualify as being ESG friendly or "GREEN HELIUM" and there is also the CO2 sequestering which would give extra Tax Credits or Sales revenue.
HYPO MCaps
1 Voyager on its own -production late 23
2 Total Project -2030

1 Voy development alone - MC unrisked 79 million
2 Total project development -
MC unrisked- 238 million
MC risked -666 million
MC fully diluted 444 million
Total Co shares 1;586;000;00
NOTE
In the 30/6 announcement BNL said they would target the PREMIUM pricing in Short Term Contracts and SPOT pricing with prices there by currently attaining between US$450 -US$3000mcf so there is plenty of opportunity to have PLENTY OF UPSIDE .

This is NOT investment advice and is the workings of a long time dabbler in the markets
DYOR
GLTA
moureeses