RE:NegativeMr. engineer is probably shorting stock.You did not read the article. In 2019 the total market value of grade A industrial which is 99.997% or purer was 717 million. That is what we will be making helium 4.7 or helium 5 which is becoming the standard. Where do you see in this picture that could lead you to believe that .0003% is going to get you 5 to 10 times the price for our product. If it was that much the market would have closed it long time ago. No one would have been that stupid not to fix their plants to get the differential.
The market today is estimated at 1.5 billion if grade A has doubled. I have seen estimates with higher prices of a 2 billion market for helium in North America which is our product 99.997% or greater. How do you think if all the sudden we put 200 million a year of new helium into the market what is impact on price. If you read there is a lot of competition coming. My concern is management does not understand marketing.
And the plant is same plant whether you are putting natural gas or all nitrogen. I was just giving people a reality check that to make money they are forecasting the plants are big and we would need tanks and truck loading terminals which management has not shown on their plans. And running this plant on solar for the horsepower you need to deliver gas to a truck at 2400 psi. I hope the solar plant has a great battery power management system to load a truck at night.
https://pubs.usgs.gov/periodicals/mcs2020/mcs2020-helium.pdf