NHE 5.77% 4.9¢ noble helium limited

Ann: Mbelele-2 results point to prolific new helium province, page-63

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  1. 12 Posts.
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    Late in the UK so I’m off to bed, up late felt compelled to try help.

    I would say re-read the announcement it was not native free gas and that is never explicitly stated within the announcement. Also, if we’re being honest O&G plays aren’t exactly the gold-standard for geological detailed insight that allows you to conclusive know the exact state of play (in regards to the saturation situation etc).

    My concluding remark to any readers after I have gone: Don’t listen to me, read the HE1 RNSs and then return and re-read the NHE announcement in light of it. I am NOT saying it is definitively 100% no shadow of a doubt they have the same saturation problems, I am saying I personally believe that to be the case and if you have your hard earned cash in the project you should take the time to do you due diligence and understand the risks at play.
 
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