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5.5¢ noble helium limited

Good question re Status of Marriot Rig deposit.It should be in...

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ronstieb

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24/07/24

12:02

Post #: 74891515
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Originally posted by SpiderMonkeyZ: ↑

The dry season drilling program so far appears to be low cost drilling with a locally sourced drill targeting shallow gas caps for which they are funded for?

What about the $1.8m on deposit with Marriott Drilling? I think their drill.is better suited to more expensive to drill deeper targets?

Given the apparent shift in focus now on shallow targets now will NHE lose the deposit or will they raise to be able to go after some deeper targets with the Marriott rig?

Something for them to clarify maybe in their webinar.

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Good question re Status of Marriot Rig deposit.

It should be in the June Qtr Activities and Cashflow statement which looks like coming out after tomorrow's Webinar.

In the previous webinar, Garnet suggested the option of bringing in a partner for the deeper targets. I guess a partner is always an option at the right price.

Last edited by ronstieb: 24/07/24

NHE Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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