Member Info for dai2belts

@KeithOz, DME say no more, they were quoting prices for raw helium(contains other gases) $200-300, and purified 99.999% up to $600...
Now our plant will be producing 99.999% Helium and the price used by our analyst is $250mcf

I think some articles are written to promote a company and its share price..
I checked out the Linde article again,
One paragraph is saying prices are between $300-600
Another Linde will pay $212 discounted rate, then up to $500.
Then suggests helium is x100 natural gas at $5, so reinforcing $500.
Mentions Linde lending 2x $950,000...and some consulting fees..$360,000(not sure)
Discounting from $500 to $212 for the first 10,000mcf/m , well that will be the fastest of paybacks..
So I think its more like you suggest, <$300 after discount unless big shortages..

Jwill, You can even here fooooffff ;) well an excited exhale

could do boiler room version too..
He says "still working on the -completion- of a MOU with a rig provider"

Void, just for you
"David Brent, played by DM"
Scene 'Embarrassing Home Office pump'(passing gas)
Notice the slight lift, and giggle
https://www.youtube.com/watch?v=KU4RB2A4sJ8&t=298s

Void
look who I found checking out the Port of New York and New Jersey while looking for 19 ISO containers for
Rig 158 Super Single 600hp, 3400m..

Watch for the name of the dry dock, thats NJ,
https://www.youtube.com/watch?v=Hvqgb1D6Opw

Void Lol...
A mind that jumps round like a ballet dancing mad monk, different every day

DM should have order this Norseman ig
https://www.scandrill.com/scan-victory

https://www.youtube.com/watch?v=Pv8qhuALyuQ

Just got to watch for one of those rigs to change status, :)
Hope PD had a good sales man especially since He1 was looking at water rigs

@Gogs,
My numbers, just two
The Port of New York and New Jersey is the U.S. East Coast's largest port.
158 Super Single 600hp, 3400m

The Port of Houston is one of the world's largest ports on the Gulf Coast and ranks 6th overall for total container TEUs.
194, Super Single 600hp, 3000m parked up at Odessa

Typo , Orchids
Void, check out the Norseman ig, think this is the one for DM
https://www.google.com/imgres?imgurl=https://i.ebayimg.com/images/g/5UoAAOSwevBfqoth/s-l225.jpg&imgrefurl=https://www.ebay.co.uk/p/1305106517&h=225&w=206&tbnid=9i5z9rUPKSEY9M&q=norseman+wig&tbnh=108&tbnw=99&usg=AI4_-kTRPv_VyJiZaQeb7Wc7iE62p-X8OQ&vet=1&docid=52L-kt0HgPdFAM&itg=1&client=firefox-b-ab&sa=X&ved=2ahUKEwj4tazrqYL3AhUsQ0EAHSN6BBgQ9QF6BAgJEA4

Void, check out the Norman ig, think this is the one for DM
https://www.google.com/imgres?imgurl=https://i.ebayimg.com/images/g/5UoAAOSwevBfqoth/s-l225.jpg&imgrefurl=https://www.ebay.co.uk/p/1305106517&h=225&w=206&tbnid=9i5z9rUPKSEY9M&q=norseman+wig&tbnh=108&tbnw=99&usg=AI4_-kTRPv_VyJiZaQeb7Wc7iE62p-X8OQ&vet=1&docid=52L-kt0HgPdFAM&itg=1&client=firefox-b-ab&sa=X&ved=2ahUKEwj4tazrqYL3AhUsQ0EAHSN6BBgQ9QF6BAgJEA4

@KiethOz
No mention of prices but suppliers restricting supply
https://www.gasworld.com/helium-markets-now-experiencing-helium-shortage-40/2022650.article

I think the increase would be because DM is hoping for about 10% helium in the gas mix, while the P50 figures were calculated using 4.2%, and the P10 4.9%.. The P50 % varies in the reports but its 4 and a bit...

Apparently world consumption was 5.9BCF in 2021, and expected to be about 6.2BCF in 2022
Exxon, Wyoming is one of the largest plants producing roughly 1.4Bcf/y
He1 only needs to produce about 600mmcf/y to meet 10%, an ISO container holds about 1mmcf, so 2x ISO per day

According to H&P each $50m plant will produce 2x ISO a day in the 3rd year, thats 750mmcf/y with no days off..
Just 2 Plants to supply 25% of the worlds demand, flexible supply too, since the only other gas in the mix is nitrogen..
My impression is 1 plant per 6BCf discovery, up to 7 wells for a 10km^2 prospect..

I read that linde are paying $500mcf..
HE1 analysts modeled using $250mcf, so could easily use that extra $250mcf to pay debt.
$250mcf for the first 10,000mcf per month would pay off $2.5m/month, while 1x ISO is 30,000mcf per 30 day month..
(Think the units are right)

lots of options, funding won't be an issue at current prices

@DD, have you considered that Noble Helium could be just counting on He1 making a discovery, before looking at options for their 100bcf best estimate, Rukwa Licenses only..

All the media has only mentioned there being 138bcf in Rukwa, but there seems to be another 100bcf to add.
Volumes for Nobles North Rukwa Project have been independently provided by Netherland Sewell and Associates (NSAI) of Houston, Texas...

I just hope I remember to jump on the ISA pump next year..

How about rig bingo...pick a number..everybody wins if somebody wins..or if He1 picks another winner
By Nearest Port

The Port of Houston is one of the world's largest ports on the Gulf Coast and ranks 6th overall for total container TEUs.
194, 312,525,612,590,597
209, 820,824,821,102,207

The Port of New York and New Jersey is the U.S. East Coast's largest port.
181,158,532,228,823,528

Find your rig..
http://rigs.precisiondrilling.com/

@Gogs, there are another 6 rigs stacked at odessa too, mostly super triples..

Put the ISA week in your notifications for next year..
Apr 06, 2021 9.20 8.10 9.40 8.00 26.12M 15.00%
Apr 06, 2022 10.25 8.57 10.80 8.43 10.76M 20.59%

@DD, I would guess the other 2 regions are Balangida & Eyasi, early stages with no seismic work completed,
The extra 250km line data came about as a result of Tai which led them to believe they would have deeper targets further in, so bigger.. And drilling season was over.. And probably cheaper than running 3D over the existing high priority targets?..

Noticed we also have 2 lake bed prospects totaling more than 11bcf, these must be an option for a mineral rig?

Many things left open to question, but nice to know another company thinks Rukwa is worth exploring

Going from a rig that takes up 1/2 a flat bed, to one that requires numerous loads with no real explanation for such a big upgrade has me pondering..

Like you said, betting on the horse..

@thetriplestar, Just competition, they have licences north of ours about lake Rukwa..
We will get to see which is the World Class Outfit..
Noble Helium(Rocket) Vs HE1

@Rocket has licences near, round and about He1's areas,
Looks like they do have some old seismic data for lake Rukwa but mainly in the lake, little on land..see page 61/62
https://noblehelium.com.au/wp-content/uploads/2022/02/2022-Noble-Helium-Limited-Prospectus_HR_compressed.pdf
https://noblehelium.com.au/

A bit mixed that article...
The Summary states 138bcf, so thats our licenced area..
Mr Justyn Wood is CEO of Noble Helium
Rocket Tanzania Limited is a wholly owned subsidiary of the Company and the registered holder of the Tenements comprising the North Rukwa Basin Project and the North Nyasa Basin Project
Lake Nyasa is lake Malawi, which is south of Lake Rukwa

almost an unbelievable theory but so it going from a rig, that shares a flatbed with its drill pipes, to a solution that needs 19 trucks..
https://t.co/b2Kv7vMfO8