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Yes DJM27, that’s exactly my point to those on this thread that are questioning the reason for doing it. Good planning by He1. The Noble example is backing up my earlier point that another company had an emergency situation in the past. And so it makes sense to have these things in place . 👍🏼
As per previous post. Noble had a problem back in Nov 22. He1 just making sure they’re prepared for any eventuality. Sensible planning…
InvestingGoals
13 Oct 2023 09:58
Posts: 317
Price: 4.525
Noble did have a major very sad incident as per their Nov 2 2022 announcement. Hopefully everything is done to the safest standards through the drill campaigns
https://www.asx.com.au/markets/trade-our-cash-market/announcements.nhe
As we own this rig and have future plans to rent it out, this hopefully minor setback is a chance to prove how well we can deal with and manage any problems that might pop up. It’s not unusual for things to need attending to along the way. This could be a good bit of case building for future rig rental contracts/income streams on top of the Helium we will hopefully find in the end.
It’s not the fact that this is a bargain price for something that could be so revolutionary and beneficial. We’ve been below 10p for months. It has to swing soon on any good news and hopefully trial announcements or more.
It’s the gulf between the two figures that’s odd.