NHE 5.00% 5.7¢ noble helium limited

15.7bcf prospective resource at Mbelele based on maybe 67m being...

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    15.7bcf prospective resource at Mbelele based on maybe 67m being expected at Mbelele-2 and not sure what helium concentration the estimate was based on.

    They actually hit 163m at Mbelele-2 but maybe only 10-15m of that was the gas cap with free gas? Hence maybe from that 10-15m potential gas gap they are hoping it has 2bcf of helium easily extrable using traditional methods and hence their revenue estimates..

    What is unknown until researched with the Uni of Qld and proven is how much helium can be potentially commercially extracted from the saturated zones. It helps the zone is more than double what they expected (but they expected or hoped for it to be 67m of free gas?) but they need to do the research and prove I guess before they can put a figure on how much helium could be extracted from the saturated zones.

    So if they are successful on the gas gap and can get revenues from there funds can be used into research to perfect a technique on the saturated zones maybe..

    The gas cap won't be drilled again till mid year so in the interim it'll be interesting to see if nearby HE1 has a free gas helium and/or hydrogen discovery with their pending results or again its all saturated zones for them..

    https://hotcopper.com.au/data/attachments/5927/5927687-5745b84f4cb9381695862dfd682b502d.jpghttps://hotcopper.com.au/data/attachments/5927/5927684-67d9637797417283c11bfae4d7273d18.jpg
 
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