NHE 1.25% 7.9¢ noble helium limited

Ann: Mbelele-2 results point to prolific new helium province, page-68

  1. 1,604 Posts.
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    The use of the term exsolved gas in this announcement does raise some questions. There was no reference to exsolved gas in the Mbelele-1 pre-discovery announcement. Generally, when a company quotes a net pay this would be the gas pay. Also, they have referenced a PHIE (porosity) of Net Res... inferring Net Reservoir. I believe the company needs to clarify this, as a big difference between a water reservoir with some dissolved gas and gas filled reservoir. A lot like Pebbly Arkose on Mukuyu-2.


    https://hotcopper.com.au/data/attachments/5789/5789544-f5974a2176fc265ff218be4be313bcce.jpg


 
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