HE1 need to find an effective trapping seal on their license. There is absolutely no doubt there is a prolific working Helium system at NR. Noble seem confident they have a 10-15m column of free gas at the crest of the Lake beds at Mbelele.
Having researched both Noble and HE1 it’s plainly obvious which BOD are the more professional and more likely to succeed.
Directors in Noble have plenty of skin in the game unlike HE1
IMHO if your looking for a Helium play that has a good chance of becoming a commercial success then Noble over HE1 is the company to invest in.
Daprophet head over utube and watch the most recent Noble presentation.
Imho Noble have an effective seal at Mbelele HE1 do not at Tai
That why He1 imho have changed their target.
Tai was always their lead prospect especially the lake beds which came in dry unlike at Nobles Mbelele which have shed loads of free gas.
Tai has no effective seal
This comment is rubbish imho
As i've suspected the majority of the volume has been from shares already available, which to me means most of the placing shares are in sticky hands and the rest are slowly going into sticky hands
Wrong institutional Investors would be Fund Managers Pension funds etc and purchase through their own book
Cantor is a broker for HNI
Would appear Cantor has bought in the open market as have IG Markets sold in the open market
Just listen to Mike Williams in the NOV 22 Technical presentation talking about the major advantages of contracting a hot rig .And what did they end up doing.
Fundamental mistakes where made in the fund raise of DEC 22 they should have raised for two back to back drills.
Imho they wouldnt have had the issues with the drilling contractor that transpired from only funding for one drill,
Should have taken note of Nobles strategy that worked.
Imho the companies obsession with drilling Phase 2 in 2023 will be their demise.
Who the F buys a cold stack rig with all the risks associated when you havent made a commercial discovery.
You buy a rig when you have revenue and developing a commercial project.
Well at least there could be a cheap rig for Noble to buy in the future