NHE 3.03% 6.4¢ noble helium limited

Ann: Investor Presentation, page-3

  1. 5,162 Posts.
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    Had the pleasure of listening to the presentation by Justyn Wood [CFO] today live in Sussex Street Sydney today.

    * 10 min presentation (express)
    * long term the market is growing - up to $8 billion by 2030
    * USA, Russia, Qatar are key providers.
    * Price of H has quadrupled in price over the last 10 years.
    * Shaun Scott - tremendous support to the CFO
    * Eddie King - met him after lunch, swapped contact details.
    * Tanzania - unique opportunities. Can see H coming out of hot springs at 18% - which is significant.
    * De risking the project over the last 12 months
    * 16.5 billion potential reserves
    * Seeing H and Gas at surface
    * Rig has been secured and is on the move to Tanzania.
    * Farm in partner has been selected.
    * They will be paying significant amounts to start the partnership - see previous announcements.
    * 850,000 million cubic feet is our target (see presentation)
    * Payback is in 10 months, yes months.

    All the best to shareholders & potential shareholders

    Gracie


 
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