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Bullboard - Stock Discussion Forum Desert Mountain Energy Corp V.DME

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

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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Shares will move with first gas sales
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Post by Margin321 on Jan 14, 2023 8:56am

Shares will move with first gas sales

Plant is 80% ready but years late.  One they are producing gas and selling  helium (especially if the plant can produce 6 digit helium) the shares will rise. That is a very important milestone and begins a whole different stage in development of the company.  Resource companies that have production and revenues that are both ramping are simply  worth more than pre-production companies, always at mercy of increasingly  constrained credit markets.  The next huge m,ilestone is when cash flow covers operations and also capital needed for growth, That is a ways off but is a sweet spot.
Comment by cnotes22 on Jan 15, 2023 12:27am
This post has been removed in accordance with Community Policy
Comment by GoldenArm on Jan 18, 2023 11:27am
100% ready is needed very soon to keep on the time line. Once production goes the trucks will come and fill up every hour or every day. Hopefully. Looking forward to February Super Bowl and Helium Flow.
Comment by Buyhigheatchips on Jan 18, 2023 11:38am
Really disappointing that there isn't more excitement at this point but walking back financial projections and talking about a $3 financing will do that I guess.  I liked it better when it was all unicorns and rainbows. 
Comment by HeliumHigh on Jan 18, 2023 3:43pm
Buyhigheatchips - regarding "walking back financial projections and talking about a $3 financing", what are you referring to?  Did I miss a new interview or PR?   Like others (I assume), I've been concerned that the company may indeed need more cash due to the production/revenue delays (which should finally be coming to an end immently), so I believe your comments ...more  
Comment by Buyhigheatchips on Jan 23, 2023 11:28am
HeliumHigh, I DM'd you.  BH 
Comment by Margin321 on Jan 19, 2023 11:47am
There will be excitement when gas is produced and sold. 80% ready means zero production and zero sales. And there is natural skepicism when building the" unique" plant fell behind by a couple of years. Air Liquide sells one off the shelf that has been used by many different producers. Including North American Helium in Saskatchewan. It is maybe not unique. But it is proven. Helium ...more  
Comment by Fredo51545 on Jan 18, 2023 11:36am
Well said.
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