Didn't they just sell like 80% of their reserve for pennies?
Edit: Yes, https://www.nbcnews.com/health/health-news/us-just-sold-heli...
Sold at a discount, then it becomes critical so its value gets a premium. What a coinkydink.
Didn't they just sell like 80% of their reserve for pennies?
Edit: Yes, https://www.nbcnews.com/health/health-news/us-just-sold-heli...
Sold at a discount, then it becomes critical so its value gets a premium. What a coinkydink.
They choose the timing of each of those events with total freedom and independently.
Yes, the sale only recently concluded, but it’s been in the works for decades. The most recent being The Helium Stewardship Act of 2013, which Congress passed and required the sell off to happen by 2021 or something.