Desert Mountain Energy Corp V.DME

Supercharged stocks interview

[Bertie20]

https://m.youtube.com/watch?v=ab7zx8ql82k

Helium-3!!!

[GoldenArm]

Good to hear the explanation of all they had to endure (external forces) and that they were able to manage it and bring the well in. I liked his enthusiasm and I wished he would go a bit into the progress of building the processing facility more but I'll take this.

[mrfrankl]

This is incredible. The man really knows how to run a company

[Buyhigheatchips]

Let's not make it harder for him by sh!tposting imprudently.   

[Margin321]

Rolhfing may have to give a rah rah interview daily.  The share prices is drifing slowly down after a nice bump. We won't have real news on fourth well for a month or more likely two months. (wireline, flow rates, pressure test, reserves, rate at which it can be produced assuming commerciality, concentrations of gasses). The only numbers that DME has issued so far that were truly

[fausthimself]

I just don't understand the unwarranted negativity on this board. The share price is not slowly drifting down. We just closed in the green again today. Robert explicitly spoke about having to walk away from a deal because of concerns over the negative posts online. We're lucky we have more potential buyers than we do helium, or this would be a huge problem. I wish some people would learn

[Bertie20]

I get the feeling that they're pondering strategy currently. The most recent plan was to go off and test the unperforated sections of Wells 1 & 2, and then go back and test Well 4. There was no mention of wells 1 & 2 in the recent interviews, however, nor in the Well 4 announcement. 

[Margin321]

Point well taken - I am not negative, I listened to whole interview, I bought more yesterday. I just don't want them to get out ahead of their skis. And fall on their face. They should just buckle down and do the work. Well four is exciting but there is no discovery (without wireline), it is not proven commercial, they have no reserves from it (without flow tests and pressure tests), they

[Jimmyjohn1]

Curious how anything we post would effect a deal going through or not for them?

[SprengoM]

Here is an interesting paper. Of course, DME's situation is different which will be determined during the FEED study, but it gives idea of the process, equipment and average production costs.

[SprengoM]

 https://www.researchgate.net/profile/M-Quader/publication/336995577_Modeling_and_cost_analysis_of_helium_recovery_using_combined-membrane_process_configurations/links/5e3f69c7a6fdccd96593044a/Modeling-and-cost-analysis-of-helium-recovery-using-combined-membrane-process-configurations.pdf?origin=publication_detail

[Bertie20]

Very interesting; thanks for sharing. For the 99% purity I see breakeven is assessed at being around $187 per m cu ft. Given that DME are expecting $1,200 (and in some instances potentially much higher), it gives some indication as to how profitable the Holbrook Basin is likely to be.