Desert Mountain Energy Corp V.DME

Updated investor presentation

[TsuyaJ]

https://www.desertmountainenergy.com/investors/#stock_quote

[Buyhigheatchips]

"The startup of the McCauley Helium Field finishing facility is planned for the end of Q4 of 2022" I wish these guys would stop over-promising and then posting delays. 

[GGDawg]

I don't think it's too bad actually. If you look at the Nov 17th 2021 press release they mentionned at the time they had selected Generon for the plant and at the time the estimated delivery was 28-30 weeks. I doubt that all the paper work and orders had been completed by that Time. So let's consider 30 Weeks from Jan 5th 2022. Adding 30 weeks puts us at July 27th 2022. In the new

[Buyhigheatchips]

I'm just going by what they both RR and DM said a few weeks ago: Q3, July maybe August delivery. If we have sales by end of year I can live with that. Is that how folks interpret "startup"? Maybe Andrew can pin these guys down : )

[GoldenArm]

Previously they said, "Plant startup, which is scheduled for completion some time in the third quarter, is a major component of our goals." New IP says: "The solarpowered processing facility will cost USD 10.5 million and will be completed in Q4 of 2022." Based on this I don't think the price will hold at this level for long unless they get more drill results. We are

[rmreism]

I agree. The end of 3rd quarter finishing facility completion was mentioned very recently (I believe either in the silicon investor or the market mindset interview) so it's disappointing that the new timeline is buried in the new investor deck on the website. With that said, I'm staying heavily invested and I am extremely bullish. If there is a significant drop when the new timeline

[GGDawg]

I think even with this slight delay the price may hold due to the following upcoming events : - Gunnar Dome % and flow rate releases - update on rception of plant components - update on plant completion I think the main unknown and risk which may affect the SP short term is in the event of a bad update on the "lease" claim. To me that's the last hurdle currently keeping the stock

[GoldenArm]

My thinking exactly. With the timeline to production expanded we could see dips which is a buy signal for me. I've added and averaged up. I've been in since 0.70/shr and now I'm in the $1.00 average range