NHE 0.00% 5.7¢ noble helium limited

Ann: Significant upgrade to Western Margin prospective resources, page-22

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  1. 635 Posts.
    lightbulb Created with Sketch. 315
    They have already said, so 8 potential identified, only drilling up to 5 shallow targets
    https://hotcopper.com.au/data/attachments/6448/6448080-ec44252e29cc77f1a916b4923b4e85fd.jpg
    They have also said
    https://hotcopper.com.au/data/attachments/6448/6448084-6641ae4535c6f72961da043cacb6ea6e.jpg
    We know they are going to run out of cash but there is no reason at this stage to expect a CR until after the drilling is complete.
    They either have something or they do not.
    You have something and a CR will be easy.
    You don't, then there is no need anymore.

    They said they had enough cash to accommodate the drilling. They think they have something special.
    Why would you massively dilute at current prices when you could be on the verge of proving something you have working on for multiple years.
    You wouldn't!

    No CR until after drilling IMHO


 
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