Mendell Helium acquired the remaining 25% interest in the Nilson 22-1 well in the Hugoton gas field, Haskell County, Kansas, for US$186k, paid through the issue of ~3mm new shares at 4.48p/sh (15% pre
In a recent interview, Trent Spry, CEO of Blue Star Helium, said the Pinon Canyon plant at its Galactica project in Las Animas County, Colorado, is running at ~25% of its design capacity of just over
Moses Schafer, an independent supply-chain consultant, argues in a research paper that when helium is scarce the market does not clear on price rather supply is rationed by allocation instead.