Initial He results by month endPhone call with CFO Mike Graham who explained the helium market pricing, delivery constraints (loss of 40% as a shipped gas, 6-8% as a liquid and distance constraints ?Qatar), older MRI units of USA versus Europe that waste He, better dome profile of their gas wells (less fractured rock than that of North American Helium with lower He% resulting), initial grade in 1-2 weeks (too cold in the field before). Recent He pricing is in the USD200/MCF range.
To recap: North American Helium (privco) had 2 of 5 wells producing 0.7% and 0.8% He (break even ~0.3%He) with a one year payback. RHC 's well#1 has historic 1.4% He, presumably due to being contained in a tighter, less fractured classic dome structure (not a geologist so conjecture).
Saskatchewan has thorium and lots of uranium in it's bedrock with Helium as a final daughter product of radioactive decay.
Very high He concentration in South Africa but the economics of being close to a He user (40Km from the US border) make for a competitive advantage.
https://epcmconsultants.co.za/process-technologies-for-helium-recovery-from-natural-gas-a-review/