RE: One Word : Conditional13 Mar 2024 17:05
RogerJolly
I'm not fully believing of what has been said here.
""Conditional upon these results, the Company will then be in a position to advance discussions with off-takers and industry partners"
I'll tell you why. Noble Helium have already got Offtakers onboarded and happy to fund the downstream and, although they have results, they haven't as yet got any Helium flow rates that they have disclosed and hence they are after a Rig for an appraissal well.
They also only have 2.48% Helium, whereas we have provided a conservative (and zero stimulation) number.
Such is the Helium Shortage 4.0 that if yu mention you have Helium the offtakers want it.
It therefore seems wholly inconceivable that Noble have offtakers and we don't.
Anyway a more stable day today and on what I saw it looked like somebody was happily hoovering up everything at 1.45p or less.
It should never have fallen in the first place as the size of the prize never changed.