Desert Mountain Energy Corp V.DME

Alternate Symbol(s): DMEHF | V.DME.WT

Metals & Mining Industrial Metals & Minerals

Desert Mountain Energy Corp. is a Canada-based resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.

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Desert Mountain Energy Corp > Idea

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Comment by Fredo51545on Feb 09, 2023 12:36pm

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Post# 35277480

RE:RE:RE:Idea

Thanks. I had missed that. Sounds like another small cap raise in case the plant does not get to positive cash flow as soon as expected. I estimate they will spend $15-20 million in capex this year and most of the cash flow will not occur until the 2H of the year. So, they may need an interim cash injection.

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Advancing flagship Ishkõday Gold Project in Ontario