RE: It is a pretty simple story at the moment14 Apr 2025 17:19
So they testing the wells 1 by one, then news likely this week for jet1.
You say the flowrates were modest last time, look at the other US helium producers there helium % is far lower with similar flowrates.
Lets say plsr flows 1mmcfd at 10% helium, so if another helium producer has 1% helium they will need to be flowing 10mmcfd to make the same amount of helium. I think last year they hit the tip of jet1 helium reservoir, and flowed at 821mcfd between 10%-15% helium. That was not bad. Certainly better than what hex will be producing at..