NHE 0.00% 5.2¢ noble helium limited

Ann: Investor Presentation - RIU Explorers Conference, page-12

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  1. 1,910 Posts.
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    Yep.. I expect them to use the current modelling process to create some targets for the appraisal work..

    similar to when an oil Explorer has to test how many barrels per day production is possible from a horizontal well without any stimulation, knowing that they'll be able to increase that by 6 to 12 times and multiple wells, later on..

    so it'll be interesting what targets they set themselves as a result of the current modelling, before they go back into the ground..
    Shaun did mention 100k type figures as potential cost of wells for production, and I recall the wording of 'ultra low cost' being used in recent presentation or announcement.. it's just a matter of how many are needed for getting out the gas/helium..

    with the capex being covered by future offtakers, this will go up a lot on success..

    350 to 500mill market easily as a base case, with way more on serious spike..
    that'd be 7.5 to Disallowed from today's sp level.. could happen within six months..
    Last edited by Meso1973: 15/02/24
 
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