NHE 1.75% 5.8¢ noble helium limited

Todays update seemed to be in response to someone selling out...

  1. 596 Posts.
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    Todays update seemed to be in response to someone selling out last week....

    Drilling in September, great. And I get confidence from the wording changing from the drilling is to test if there is helium, to what concentration of helium is there?

    And I also hadn't realised earlier that TD is only 800m and 1200 for both holes? that's what it seems on the diagrams I just hadn't really paid attention to that... This is good for a couple of reasons, a lot less cost than a +3 km hole (in exploration and in commercialisation). And a lot faster turnaround from spud to results... I was originally worried that the $ from the farmin might not get 2 holes drilled (and they might need a cap raise to ensure its fully funded, but, with the farmin $ and the $5m USD reimbursement, I would think that this is not going to be an issue with these shallower holes... Just my interpretation, if anyone can support this, that would be great... If i can rule out CR risk coming into drill I think ill add some more at some stage. GLTAH..
    Last edited by All4Info: 22/05/23
 
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