Post by
JS4900 on Sep 09, 2023 2:37am
New Presentation Posted on Website
"Over CDN $10 million in the treasury with no anticipated need for future equity financings"
"Expected helium sales in October 2023"
https://www.desertmountainenergy.com/wp-content/uploads/2023/09/Investor-Presentation_09082023.pdf
It looks to me like the NM project has the potential to be quite lucrative. : )
jmo
Comment by
rmreism on Sep 09, 2023 12:47pm
Hopefully, the NM purchase will be as prescient as their trucking company purchase. If so, it will keep the company going until they obtain AZ permits
Comment by
fredo1 on Sep 09, 2023 4:12pm
No guarantee that workovers will allow non-productive wells to produce.
Comment by
BearBull007 on Oct 03, 2023 9:02pm
The Warrant, at an exercise price of C$2.70 per Common Share, is exercisable for a period of twenty four (24) months from the March 24, 2023 closing of the Offering (the "Closing Date"). So it may be a while yet before these $2.70 shares enter the public market.