Billy Goat drill10 May 2025 07:12
Just wanted to put this up as I know AIM2025 is a bit lost with numbers. This is on Billy Goat alone which is the first drill- a puddle as AIM2025 calls it:
Certainly! Here’s a more polished, professional bullet-point format for you to repost:
Billy Goat – Las Animas County: High Chance of Success
Aligns with proven structures in the region (anticline closures and fault traps within the Raton Basin trend).
Shallow Target Zones. Non-hydrocarbon targets similar to Desert Mountain’s Red Rock and Galactica fields.
Historic Well Data Surface seep anomalies suggest helium migration and entrapment in the area.
Proximity to Infrastructure. Nearby pipelines and transport networks lower development risk and CapEx.
Conservative Case:
Helium Concentration: 0.3%–0.5%
Flow Rate~30 Mcf/day
Annual Production ~10,950 Mcf/year
Price per Mcf:~$450 which is low FYI
Annual Revenue: ~$4.9M gross
Offtake Income: $3.5M–$4M/year (net after processing & transport)
If Sold Outright: Valuation ~$5M–$10M
Best Case:
Helium Concentration: 0.8%–1.2%
Flow Rate: ~100 Mcf/day
Annual Production: ~36,500 Mcf/year
Price per Mcf: $500–$600 (long-term contract pricing)
Annual Revenue: ~$18M–$21M gross
Offtake Income: ~$12M–$15M/year net (depending on processing agreements)
If Sold Outright: Valuation $20M–$35M+ (premium if off-take agreements are in place or with field expansion potential)
Summary
Outright Sale: $5M– $35M+
Offtake Income (Ann.) $3.5M– $15M
Project Valuation (5 yrs)| $15M–$60M+ (NPV)
Potential Interested Parties:
Desert Mountain Energy (TSX-V: DME) is a pure-play helium exploration and production company based primarily in Arizona, and they are:
Aggressively scaling their helium output to serve space, tech, and medical sectors.
De-risking new assets outside of their existing Holbrook Basin focus to diversify supply.
Facing timeline pressures to build up inventory for long-term offtake deals (e.g. with aerospace and defense).
Strategic fit with Vecta's assets: Las Animas County is geologically similar to DME’s own basins in terms of structure traps and non-hydrocarbon helium prospects.
DME lacks exposure in Colorado — Vecta’s portfolio would offer regional diversification.
With high-pressure processing infrastructure already underway, DME could monetize quickly with bolt-on assets vs. starting from scratch.
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