Friday, November 18, 2022 10:24:54 AM
New YouTube video. Approx 32 min.
Robert Rohlfing, CEO of Desert Mountain Energy Corp., discusses the Company’s latest press release with Andrew O’Donnell, the host of Market Mindset. In this informative interview they discuss:
Assembly and delivery of the McCauley Helium Processing Facility
What caused delays
Testing
The path to production
CEO Robert Rolfing discusses the fabrication of their processing modules. Talks about steps and safety features used their new processing plant which is expected to lower Helium extraction costs.
They have built in testing systems to determine different elements they encounter during separation.
Mentions one well with a higher amounts of Noble gasses. Possible future market for CO2, but is avoiding wells with a higher CO2 content for now.
He expects the plant to run with one operater and to be able to monitor and make adjustments remotely from his home.
Expects Generon module testing to start on 11-18 and hope for completion around 11-29.
Expects 2 rounds of testing before they ship to the AZ Facility then hookup.
Will not commission between Christmas and New years.
Once testing starts they will begin collecting helium in a tank (Intially balloon grade) Will start making money from the point of comissioning. (Not much initially until every thing tuned up.)
Discusses how they will begin selling helium in a way that will be most beneficial to shareholders.
Discusses deal with Beamer. Turns Hydrogen into ammonia and then ships.
Discusses their Hydrogen drilling discovery.
Is not looking to raise any cash at the moment. No maybe I should. close to going into production and cash flow. But Better not to wait until you need, it.
Info on Gunnar Dome coming out prob by end of the month. Cant say at this time exactly how much they will produce.
They approached by Viewpoint (Dennis Quaid) regarding a small segment that will be coming out soon. Paid very little for it. Will be on PBS in the US.
More info in video.
(If you go to the Youtube click on the ... under the video and get the transcript)
Invested and holding. (LT choice for your tax free retirement account/Roth IRA) Also hold a mining stock that is close to being financed, but they do not anticipate to be producing until 2026. so I want to have something that has potential for growth and dividends within the next year.
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