Credibility is everything. Whilst NHE is suffering from some poor communications HE1 is even more so. The market want to hear we found gas, in big volumes and good concentrations, that flows well and can be commercially extracted. When one or more of those elements are missing, and the companies attempt to focus on one element at the exclusion of others to make it sound as positive as possible, they get punished for it. At least NHE have likely got a decent amount of actual gas rather than just dissolved in water like HE1.
NHE Price at posting:
10.0¢ Sentiment: None Disclosure: Held
