WHERE TO FROM HERE - MAYBE HERE----DME, page-4

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Astutebusyguy

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19/02/21

15:31

Post #: 51162458
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Originally posted by Moureeses: ↑

Hi Guys,

Yes we need to get the Permits approved and soonest. Management must inform us on application submission and then on immediately having them being granted . Making 1 application is the right way to go.

NEVER LOOSE SITE OF THE MAIN GAME.

DME -Desert Mountain Energy has just released their preliminary estimate for its FIRST well drilled - it is too early to define the overall result at this stage.

CURRENTLY DME has a MC of $100 million and a share Price of $1.51 CAD- YES THATS RIGHT JUST 1WELL DRILLED.

If management can produce the Helium they suggest is available to us from the prospects they hold then thats where our SP will be headed in SPADES.

Interesting that DME reported that the well had cost $1million to drill.

Its early days yet for BNL but management must keep up the impetus they have shown and we have to have the patience to see that they do keep up.

Keep your eye on the END GAME. GLTAH

moureeses

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Interesting well price as we are expecting a lot lower cost around $350,000 If I recall correctly and. Further 100,000 to bring it into a production well plus hire of mobile plant for processing. Poss DME was a lot deeper? Hence higher cost?

BNL Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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