Member Info for dai2belts

Just in case....
I am comparing He1 with Total Helium's discount to Linde

@Void, H&P Modeling suggested the aim was to initially produce 1x ISO container a day .
1mmcf/d, or 1,000mcf/d..
So for He1, Linde's discounted 10, 000mcf would be the first 10 days production of each month, the remaining days at market price.. Could pay off $50m in 6 months??

Good article, helium selling 100 x natural gas $500 v $5...
Total Helium are repaying Linde's investment by discounting the first 10,000mcf/month, selling at $212/mcf, thats 10x He1 estimated Opex,
At quoted market price $500/mcf, that $288 difference is paying off $2.88m/month, that would pay for a $50m plant in about 18 months, while keeping $212/mcf of the $250/mcf H&P did its modeling...

Briefly checked out the SDR, created in 1969 its an IMF reserve asset valued against a basket of influential currencies including the dollar..SDRs can be exchanged for other members currencies, so not being a currency I guess your talking about it being chosen over the dollar as reserve asset much like gold or other safe heaven currencies....
Created by the IMF, with America and Allies involved in voting processes, 16% of votes to veto..
I dont know

That Ian Stalker video is before listing on AIM, but still Rukwa

@DD, I am overloading on this stuff, I cant remember what I read normally, interesting stuff
I am not sure how things are going to workout, laws of physics, always equal and opposites or something like that..
America sorted it so they managed the gold reserves when currencies were pegged to the dollar and the dollar to gold.
Shortly after that ended/failed America pulled off the petrodollar..
So whats next for the dollar?
What happens if the dollar loses its status?
Its all linked some how

@Void, nobody on this BB really knows whats happening, but the right rig will probably drill 2 wells in the time Tai took..
So could probably get away with drilling late, last year September to November was marked for appraisal drilling.
Also there is a video with Ian Stalker talking about drilling Q3 into Q4

DM said we were going to finish as production wells, as is DME

July 8, 2020 (13 days 850m)
DESERT MOUNTAIN ENERGY COMMENCES DRILLING THE SECOND WELL OF ITS HELIUM PROGRAM
total depth of approximately 2790 ft(850.392 metres)
July 20, 2020
DESERT MOUNTAIN ENERGY ENCOUNTERS GAS IN MULTIPLE ZONES AND SETS PRODUCTION CASING ON ITS SECOND EXPLORATORY WELL IN ARIZONA’S HOLBROOK BASIN

https://www.desertmountainenergy.com/desert-mountain-energy-encounters-gas-in-multiple-zones-and-sets-production-casing-on-its-second-exploratory-well-in-arizonas-holbrook-basin/

December 7, 2020(8 days 600m)
DESERT MOUNTAIN ENERGY COMMENCES DRILLING THE THIRD WELL OF ITS HELIUM PROGRAM The well is anticipated to be drilled to a total depth (TD) of approximately 2,000 feet(600m)

December 14, 2020
DESERT MOUNTAIN ENERGY SUCCESSFULLY COMPLETES DRILLING OF THIRD HELIUM TEST WELL IN AZ

@Void, its a sign... the colour of our rig, fire engine red, and maybe the name of our drill hand, Sam :)
best to do some dummy trades to see what the buy and sell prices really are, could be that the best price offered is just below the displayed MID price on LSE...

@noob, 88e, that was in my spudding watchlist, poor result for second well in same horizons targeting more oil in deeper, thicker sections... :(

@noob, lets wait and see how much DM believes Tai was discovery, it mght be added to your list...
6, Shallow drilling teaser, ;)

Fingers crossed DD is right about already having a plan or your list will be getting longer as people do more digging.
They should have plan though as last years has not been executed plus Tai, a discovery nipped by washout...
I'm curious to how much deeper the new prospects are?

@DD Interesting stuff oil
https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Considers-Ditching-The-Dollar-For-Chinese-Oil-Sales.html

I don't have a clue, competitive market and being in a leading position, probably just another one of his hymns, waffle

@Noob, that sentence suggests they were competing with other bidders but he was probably unintentionally referring to an offer on a house ;)
12:18 of course house house price-wise rises..

@Noob
32 minutes in
" we want to be drilling this year absolutely it's a it's a competitive market that we are we have cast our net wide and we are in a leading position next question"

They are being unclear..
At the AGM He1 said they were in a leading position for a rig..
Now they are traveling about looking at different rigs, and its not clear if these are with the same provider or another..

Found a presentation where Ian is talking about drilling Rukwa in Q3/Q4.
If thats possibly then we have more time than thought but maybe that was before global warming?

@DD, your just like one of the lads from my local, Covid scare mongering he would say, he unexpectedly died while we were in and out of lock downs?

@DD. You should avoid referencing the war so often, its a bad situation especially with the west only supplying defensive weapons..Russia can strike anywhere from anyway, and they have form in flattening civilian targets so lets hope its over soon

@DD, Thats another rig update saying noting other than still working on it..Its unclear if we have progressed.. People posting different opinions???

@DD, I remember back in 2000 we could work from home, remotely..
Instead of sending engineers around the globe we would configure 64 or 128kbs connections to the customer.. Net meetings took place back then too.. Days out and travel were a lot more attractive until they became frequent long stays..

"The Company remains in advanced negotiations with a leading global drilling company "
ambiguous
Ongoing negotiations, same company?
Moved on to another company?