RE:RE:RE:RE:RE:Royal Helium Commences 3D SeismicI don't think anyone is lying. They planned to produce relatively small amounts of helium from small pay zones like other Saskatchewan helium producers. With current helium price the business plan is pretty good. They thought that the recently discovered Navare zone was bedrock on the seismic but they drilled deeper and wandered into a complex 100 meter thick interval with reasonably good helium concentrations. So now they are trying to figure out what they have and what they are going to do about it.
Since they had no idea that they were gong to discover this, there is no way they could have been lying about their plans to expoit it. Actually it is pretty exciting. We vcan relax for a bit and see what they come up with. They seem to have some pretty gopod people woking on it.