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2.90%

6.7¢ noble helium limited

Ann: Mbelele-1 preliminary results point toward Helium Discovery, page-35

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ghoti

452 Posts.

65

06/11/23

12:56

Post #: 70747670
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Originally posted by Reyni: ↑

I believe the boards plan is to sell to the bigger players, so I'm hanging in for that, net pays are twice estimate, and expected concentrations are 5% or 2/3 higher than forecast.
So on Helium concentration increase 15.7Bcf goes to 23.5bcf, now double the pay zone, that becomes 47bcf or best estimate from MST valuation report.

So perhaps the 176bcf from that report would be more like the 405 bcf from total license area best estimate in that same report.

15,7bcf @ USD $450/mcf = USD$7.5b company assets

405bcf divided by 15.7bcf = 25.7 times $7.5b = USD $193b valuation

Currently fully diluted approx 560m shares + up coming new placement under rules 7 @15% = approx 644m shares on issue

50% basically goes to Tanz Gov for taxes and royalties.

193/0.6445/2 =USD $149.8/share approx AUD$200/share

you can buy now for 1/1000th of that

GYGT

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Just fyi, BHP is the largest cap stock on the ASX at $230b (USD $150b)

Appreciate the effort and I'm bullish on today's news, but I would caution anyone making investment decisions on the above calculations to hit pause and do more research.

NHE Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.7¢		Change -0.002(2.90%)		Mkt cap ! $31.80M

Open	High	Low	Value	Volume
6.8¢	6.9¢	6.7¢	$13.52K	199.2K

Buyers (Bids)

No.	Vol.	Price($)
1	10223	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	15000	1

View Market Depth

No.	Vol.	Price($)
1	10223	0.067
2	158547	0.066
2	59706	0.065
1	88000	0.063
1	133390	0.062

Price($)	Vol.	No.
0.068	15000	1
0.069	297999	2
0.070	106764	4
0.071	139602	2
0.072	15000	1

Last trade - 11.51am 14/06/2024 (20 minute delay)


Last 6.7¢			Change -0.002 ( 1.52 %)
Open	High		Low	Volume
6.7¢	6.7¢		6.7¢	4700
Last updated 11.06am 14/06/2024 ?

NHE (ASX) Chart