OTCQB:IMPHF - Post by User
Post by
Liberalssuckon Aug 12, 2021 11:05pm
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Post# 33699133
Nitrogen value
Nitrogen value1.1 billion cubic feet of helium is worth about 500,000,000.00 dollars.
They have stated that the 1940 well was mainly nitrogen.
So, 9 billion cubic feet of nitrogen is worth about 900,000,000.00.
Is the value of the nitrogen not being factored into the value?
Also the well is under tight hole status, but the village of Patrica is very small.
The rumours are flying around that the well testing company had to bring in 3 flow back separators before the last one was big enough to handle the flow.
Just passing on what our little village is talking about.