NHE 0.00% 5.2¢ noble helium limited

Next Investors New Investment, page-4

  1. 4,134 Posts.
    lightbulb Created with Sketch. 958
    So they ask "Do the Projects contain any Reserves and Resources?

    In the part highlighted they indicated they have no reserves or resources?

    Prospective volumes not sure the difference between that and prospective resources?

    Anyway with bulk helium at maybe US$200/mcf to US$400/mcf and some at US$2000+ /mcf in the spot market I think then the low estimate of 19.6bcf of helium could be worth US3.9b + of inground value.

    However how different is NHE to HE1 (UK listed) also seeking helium in Tanzania and struggled so far but maybe early days?


    https://hotcopper.com.au/data/attachments/4132/4132879-424001f73aae9bdac95c5b5a293a0f66.jpg
 
watchlist Created with Sketch. Add NHE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.