NHE 3.57% 5.8¢ noble helium limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

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    $8.2m of the14m raise went on costs already incurred and costs of the raise.

    https://hotcopper.com.au/data/attachments/5925/5925751-cab6ba2410ffe2dd1634338bdd6b608a.jpg


    The remaining cash is supposed to fund the following,

    https://hotcopper.com.au/data/attachments/5925/5925759-2e64ba9f3d123f2e77bb4114bcfa0c77.jpg


    I think they will raise again prior to re-drilling the gas cap so as to live another day if the well disappoints. My opinion only.


 
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