NHE 4.84% 5.9¢ noble helium limited

haven't seen Noble mention potential cost, but HE1 ex-CEO was...

  1. 1,910 Posts.
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    haven't seen Noble mention potential cost, but HE1 ex-CEO was stating and presenting it as 50mill for going into production, and i think it might have included trucking it away...

    whether 1TCF of natural gas is 10BCF or 7BCF of Helium, it matters little.. big numbers still.. so each drill in Q3 will be equivalent to at least what it is like to drill for two separate 1TCF+ natural gas resources.. which is massive in the penny share world )

    I didn't really consider that Farmout would be only for drill prospects.. but i think that you might be right.. only farmout the actual drill prospects to say 50% for freecarry, while keeping 100% of all other prospects, especially that gigantic 105BCF Helium potential covered by 3 prospects sitting next to each other in the NE part of tenements..
 
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