RE:RE:RE:Long Term Price Target | 60 to 70 Wells | $1,100 per MCFSmart idea with the options: the stock market cannot keep rising for ever. A correction at some stage is inevitable.
One last thought on revenue-per-well: one downside factor to consider is depletion rate. I don't know what to expect in this regard, though I did once read that helium wells deplete slower (around 5% p.a.) than standard natural gas wells. Whatever the case, though, by the time DME is drilling wells 60-70, wells 1-5 will probably be producing considerably less.