RE:RE:RE:RE:Long Term Price Target | 60 to 70 Wells | $1,100 per MCFYes, my personal feeling is that the US stock market will see some level of correction this summer based on a variety of factors (I've seen several estimates of -10-15%, if not more). My hope is to be properly positioned for that possibility and take advantge through a sizable hedge which I can then use to increase my position in several commodity-based equities (DMEHF being a key position for me) and hold long for the next several years.
Good to know on the average depletion based on long-term production. As DME presents more detailed models based on more analysis of wells 1 and 2 and then 4, 5 and 6, it will be interesting to see if they also provide some long-term production estimates based on Helium percentage per mine combined with reserve and Life of Well flow estimates.