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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.WT

Desert Mountain Energy Corp. is a Canada-based resource company. The Company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company holds properties under lease for helium, oil and natural gas in the Holbrook Basin of Northern Arizona. The Holbrook Basin Helium Project comprises +1000,000 acres of key Helium prospects under lease. Located in the prolific Holbrook Basin in Northeast Arizona. Its secondary focus is developing hydrogen assets in the McCauley Helium Field. Noble gases or inert gases are six gaseous elements found in small amounts in the Earth’s atmosphere. They include helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn).


TSXV:DME - Post by User

Comment by tylerod1on Mar 28, 2022 5:43pm
167 Views
Post# 34553591

RE:RE:RE:RE:On dme

RE:RE:RE:RE:On dmeSee the bottom for the link excerpt. It was also mentioned on several interviews and i saw the actual confirmation on a government website (too lazy to find atm). This means they've gone through the essential red tape to be a government supplier. No details have been published regarding price per MCF/Grade. 

* It's not known whether the government will pay a spot price or contracted rate

* It's not known if the government sales are temporary during the optimization process (same day payment is nice benefit for a company just entering revenue)

* The true sale #'s may never be formally published if there was HE3 found since it's was previously hidden from the public due to national security concerns. (Most HE3 was previously harvested from demanufacturing of nuclear weapons since it's ultra rare to find in harvestable amounts).   There is no way DME could seperate HE3 with the processing plant we have. It's far more complex so that's why it would make sense to sell HE that has HE3 in it to the government. Hence the rumors.  - This is something we could potentially piece together from financial disclosures after the fact.


https://www.prnewswire.com/news-releases/desert-mountain-energy-announces-helium-discovery-on-well-301328662.html

The Company is also pleased to announce that it has been assigned a direct payee number by the US government, to enable immediate same day payment for gases shipped.
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