RE:RE:Interview with DME’s CEOYeah. Regarding the 3rd well he said "We found what we were looking for there" which is an interesting way of phrasing it. He seemed very positive so I assume good but he didn't outright say it was good. Still great to hear that from Robert.
I also liked how he said he is in talks with 6 end users and how he wants 3 clients going once (to not put all his eggs in one single basket) but any one of those single end user would be capable of buying the entire helium production which to me means that these are BIG fish looking to buy product in mass quantity and for a long time. He also said it could be private, public or governmental agencies he’s talking to. That 3rd one is the most exciting to me. If DME gets the US government onboard this thing is golden in terms of any future legal issues.
He also said that the end users are within a very short distance which (as Robert said) is a huge bonus because it reduces the travel issues. I don't know the geography of the area but he gave very specific distances which I found interesting. Does anyone know the area? He said "The closest end user would be about 95 miles, and the rest are between 176-200 road miles" Those are some specific locations. Are there military facilities or something 176 miles away :D.
I am so pumped about this company over the next year but even the next 10-15 years as that is how long he sees this project being in production (minimum)
GLTA!