NHE
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0.00% 6.0¢ noble helium limited

Ann: Significant upgrade to Western Margin prospective resources, page-16

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  1. SpiderMonkeyZ
    4,148 Posts.
    lightbulb Created with Sketch. 958
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    10/09/24
    11:52
    Post #: 75607109
    HE1 just spent about AUD$15m on one well - extended well test.

    They NHE had said maybe 6 months ago only $100k needed for a shallow well for the shallow free gas zone on some video using a cheap locally sourced rig?

    So maybe if it's $100k per well 8 wells could be done in the remaining approx $2m in cash but there wouldn't be much left and if 8 wells can be done for $800k massively cheaper than the AUD15m HE1 spent on their recent ewt

    So depends if $100k per well is accurate or not I guess
    NHE Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
6.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $31.30M
Open High Low Value Volume
5.4¢ 6.0¢ 5.2¢ $93.44K 1.725M

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1 10000 5.7¢
 

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Price($) Vol. No.
6.0¢ 56833 1
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