The Company always intended the shallow Mbelele-1 well to be an exploration well with the follow-up Mbelele-2 well, with more than twice the total depth (approx 850m), to be an exploration and appraisal well. It also explains why they ensured funding for both wells was secured ahead of drilling (to avoid funding issues related to irrational market responses to an astute exploration process).
It would appear the words 'plugged and abandoned' (which are just technical terms) have been grossly misinterpreted by the market in this case.
The Noble Helium story is far from done and dusted.
- Forums
- ASX - By Stock
- NHE
- Ann: Mbelele-1 Reaches TD
Ann: Mbelele-1 Reaches TD, page-44
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NHE (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $26.11M |
Open | High | Low | Value | Volume |
5.7¢ | 5.9¢ | 5.5¢ | $8.317K | 147.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 101403 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.056 |
1 | 69436 | 0.055 |
1 | 8444 | 0.054 |
3 | 310000 | 0.052 |
2 | 113840 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 101403 | 2 |
0.060 | 200000 | 1 |
0.063 | 200000 | 1 |
0.066 | 100000 | 1 |
0.068 | 33470 | 1 |
Last trade - 15.35pm 13/09/2024 (20 minute delay) ? |
Featured News
NHE (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online