Desert Mountain Energy Corp V.DME

New Interview

[Jimmyjohn1]

https://youtu.be/jySewmic9Lk

[retool]

In the interview he mentions a plant capacity of 10,000,000 cubic feet per day. So... - 10,000,000 perday X (say for the worst well) 1% helium = 100,000cu ft or 100mcf - 100mcf X 500$ per mcf (middle of the pricing range)= 50,000$ revenue per day per processing plant. Do I have this right ?

[tylerod1]

 If i'm reading/converting this right, the combined MCFGPD of wells 2 and 4 would be 2.83 MCF per day. (28%) of plant capacity.  A few supplemental wells in the McCauley field would bring this close to full capacity.    McCAULEY FIELD Chevlon Well 11-1 DESERT MOUNTAIN ENERGY ANNOUNCES COMMERCIAL GRADE HELIUM PERCENTAGES IN DISCOVERY WELL Flow rate of 1587 MCFGPD water free

[Buyhigheatchips]

I don't know about the rest of you but I sometimes forget that the price of helium and the main listing price of this stock are in two different currencies. A helium product at $500 is worth about $640 CDN right now.

[tylerod1]

Haha, just for reference i always talk in USD since they're likely be selling in USD. 

[Buyhigheatchips]

For sure they will be. You know what I'm saying though. If you're trying to convert $50000 USD/day to some kind of quick and dirty valuation don't forget to convert to CDN : ) A 150M USD company is a 200M CDN company : )

[Engineersoilgas]

With all the hoopla around the venting of methane in the world and pledges to reduce, I wonder if the Arizona oil and gas commission would even give a permit to produce this well.  The plant will not take methane out of the vent gas of nitrogen and if it did clean it up, that is a whole new complexity and cost  around capturing and marketing a little bit of hydrocarbon gas.   I