NHE founder/CEO Justyn Wood was the Exploration Geophysicist for Hardman Resources, which moved from 2c to $2.50. Hardman made the first East African Rift basin discovery in Uganda. Since then, the East African Rift System has become home to some of the largest, most consistently successful onshore African oil and gas discoveries - a very impressive 80% success rate from 30 wells between 2006 and 2018. As of today’s IPO, Justyn Wood currently owns well over a third of NHE.That means NHE is a founder owned and operated company. It means NHE is driven by someone who is deeply familiar with East African Rift System geology. Aiding NHE, will be two of the foremost helium experts in the world, who literally wrote the book on helium - to which NHE has exclusive rights for 3 years ( That book/database is called Atlas of Helium Occurrence and Exploration Fairway Analysis. NHE has an exclusive licence to this database for three years with the option for two more ) Maiden drilling scheduled for 2023 . The rest of this year is all about the successful preparation of drilling targets. Some of the interesting facts from NE newsletter and why I like it.
DYOR, not a financial advice just a personal opinion.
NHE Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
