RE:Future Potential of First Helium I'm with you on most of everything you said , great potential, great assets , shouldn't flip it , everything but the 900 barrels a day. It's what , 465 bbls ish @33% water. So that gives about 310 barrels for this well and they gotta pay to get rid of the water. Maybe I'm wrong , but that's the way I see it.
please educate me if I'm wrong , I'm a shareholder, I'm not trying to bash it , it's one of the best junior company I have ever seen , I just don't like to sugar coat it , it throws the numbers out to lunch !!
but whatever even if it is 750 barrels a day , it's still awesome. I was hoping for better than 50 barrels from this well , so I am very pleased. And if the well would have only produced water , I would have said , better luck next well , I'm still keeping my shares !!
good luck to all