Post by
subaru1 on Oct 12, 2023 9:51am
15000mcf/day
15000mcf/dayx$730= 10millions a day, i must be wrong
Comment by
Ruleof72 on Oct 12, 2023 11:11am
Hi Subaru1. the math is 15 thousand MCF a day of raw Nat gas processed to get 22 thousand MCF of Helium for the year. So 22,000mcf x $730 CAD/MCF = $16.06 Million per year so pretty tiny. The key will lie in their cost of sorbent to process the gas. This coming quarter should tell the tale.