RE: Interview with Nick on todayβs RNS11 Nov 2025 03:03
Good interview.
Interestingly, Nick mentioned he thought the hydrocarbons (NGLs) were of insignificant value so not sure why these were mentioned in the RNS if he immediately conflicts the potential of an additional revenue stream?
Can someone help me understand, if the helium comes out of the well at 5% and the total gas coming out of the well is ~100 mcf, then even if we purify to 75% after it's out of the well, then we are still limited to the speed at which the helium exits the well. In this case ~5mcf per day. So when the PSA is up and running, would we expect to be doing deliveries much less frequently but of higher value?
@Jonese - more buys than sells and that's all that matters.