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6.5¢ noble helium limited

Ann: Investor Presentation, page-4

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Navarone

1,587 Posts.

416

09/05/23

22:08

Post #: 67688790
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Originally posted by pgrace: ↑

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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"* Rig has been secured and is on the move to Tanzania."

Correction.

* Rig has been secured and is ~~on the~~getting ready to move to Tanzania.

Last edited by Navarone: 09/05/23

NHE Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
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