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3.57% 5.8¢ noble helium limited

Looks like they didnt even have enough funds to complete these 2...

  1. Gharp
    4,043 Posts.
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    12/12/23
    20:03
    Post #: 71412651
    Looks like they didnt even have enough funds to complete these 2 wells hence the rushed raised.

    Uses
    Balance of Mbelele costs including analytical program
    7.5 mil

    Hardly enough cash then remaining to drill another well at the crest they are spruiking and flow test

    Mbelele - Appraisal & Testing 4.5 mil
    NHE Price at posting: 14.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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