Member Info for kr1988

Quite sorry they never communicate with the share holders but yeah think there is a lot of gas. I asked the question begore and one on the board said it was proven about 3 years ago but the delays were due to the farm in

The aus market only ended up 5% so seems lots day traded it.

Hd I see where you’re coming from and yeah feel they are more credible than us. The only one think I can critisuse dims the fact they are off pumping this share and haven’t sorted the farm in yet so very much like dm going out pumping the share whilst the fundermentals arnt sorted. They may have to turn round to their investors tomorrow it fell through yet a day before saying everything was good.

No formal update but the following was posted an hour ago

Not long to go now. @Noble Helium (ASX:NHE) is on track to drill its first campaign at its North Rukwa Project in Tanzania in Q3 2023.

#helium #asx #asxnews #drilling

I don’t know why they lie other than to stay in jobs for em years until the money runs out and hope they can convience someone to ooo in a few mil to keep it going a few years longer.

Matd very similar trying to get lp for 6-7 years then a bit of press and the sp shot up so they did another raise for another drill whilst stringing people along

I think they only own 25% so not a huge capital to put into it. They are just so white or I’d jump in. It’s back down to sub a penny so can easily do 10-20% on an rns but the way they work they just seem to announce a bit of good news with a delay so doesn’t get it flying.

That’s a crazy difference but I think he1 always under player it so what ever they get is a good result no point saying 16 bcf if they get 3 as it’s still good but way below the estimate so their better saying low numbers and then blow us away when they get 6 for example.

The lakes have hippos and Alogators your gonna have to pay staff danger money to deal with the sqeaky hippos but your point is fair that you can dig diagonally they will just have to have pipes running to a unit a little way from the lakes.

Your report you’re referring to are they saying there is a 100 chance of finding helium in all the faults? I think we’re due to drill through 4-5 target zones so in theory should hit helium each time?

I guess the risk will be about hitting a sweet spot and the well going well and not deteriating as it did before

Roger you’re right if we can’t drill this side of Christmas we will of burn through the savings of working with them. I think our burn rate is 300k a month so 6 months that’s 180000.

Obiously I believe noble will sort the farm out out but it’s important we have plans to put into asap should they not get the result they wanted.

I guess if they can get helium and a lot of it from their first two wells then going under water isn’t the end of the world with the profits being so high a few extra mil to drill isn’t the end if the world.

Cause

The lake is that how it is now or 30 years ago? I appears they are very near the shoreline on them positions you have picked out. If they are under water now or in the future coukd problems

I totally understand but their is only so long you can keep hanging back waiting. We could be sat here mid July on farm out 3 but at some point you have to say this deal only saves 2 mil (estimate) let’s get going or we risk missing drilling this year or loose the rig for example.

If it turns out to be bad news for noble and the farnout doesn’t complete or the tanzia government delays things HE1 need to sign the contract the next day to go alone. It’s been fully serviced, everyone’s had time to review the contract so if noble fall at the last hurdle athe only way to stop us falling is to sign the contract and go alone. They have had months waiting so I’d like to think Lorna has two contracts on her desk a joint one and a single one so as soon as the jv fails I’d expect Lorna to sign the contract sbd get moving.

Anything more than say a 48 hour delay and I’ll be very concerned, they will know what’s going on with noble and know slightly before the market so can act accordingly and swiftly

Good research dai, it’s annoying you’re getting the info off the board or other companies elect her than Aex.

The delays we just have to hope don’t affect noble as it’s the tanzia government not playing ball yet their the ones who will get the gas so they benefit if it comes online

Last year when the failed pm ( the one who lasted about 2 weeks) was looking to pay over the odds to guarantee gas supplies for the next ten years thankfully they didn’t sign anything and the prices will start to come down.

They tend to be cheaper this time of the year as less houses use gas around now and countries have filled up their stock piles.

Hopefully we will see lower prices next winter, Ireland needs to get rid of the Green Party

I checked these without reading your comments and tbh they are all about correct. It’s a quite bod which helps to kill the sp due to the lack of comms coming from the business

It theory it’s doing well however I think they need a rig to do something to the well so unless they get a rig to the well before October they won’t be able to start the gas production

Orr is currently on a spike so bad time to buy but it’s doubled in a short period so a good one to trade. Lots of comms from the business as well all seems positive.

I just read an article on the page vw are opening up a battery plant in canada so all the lithium miners are taking off as a result. Shame none are listed on the London stock exhhange

Still 6 mil a year that’s really good for a market cap of 10.

I think sometimes these small companies go under the radar then ones like prem and 88e go crazy and have huge market caps but offer nothing for their investments

Yeah deffo are they into fraking too? That’s where the real money is with this company