RE:RE:Updated Investor Deck
KInd of sloppy numbers and numbers on one slide don't always agree with numbers on other slides or other numbers preiously talked about. .
Will 8 barrels of condnsate a day run the generator? (330 gallons a day). The EUR for oil is given in mcf as 8322 mcf. The EUR for CO2 is wrong. it is listed as a total of 127 mcf, which cannot give 20,000,000 pounds of food grade CO2 per year.
They are talking 60 mcf helium a day per well or about $30,000 per day per well. That would be 21,900 MCF/year. Yet they also mention 22,000 mCF as total yearly helium production of the plant which would be one well not two. Revenues from 22,000 mCF a year of helium would be about $12 million a year. That cannot be right for revenue.
Anyway, the numbers are hard to understand and they should not be hard to understand. It should all be presented much differently. At least I think it could be done better.
But current revenue is zero and that is totally easy to understand and costs including debt service are increasing. Someone shold ask them to really work on those slides in the next presentaion deck . Unless there is an accountant here who can lay it out so that I can understand it better.