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Where's @swazers when you need him?
(Short and burnt)
SV ~
'Better to stay silent and be thought a fool than to speak and remove all doubt.'
Not AIM, pillock.
According to the analyst:
“...potentially one of the largest sources of primary helium globally”.
Derampers. Try deramping that.
Remember.
DOUBLE the Helium percentage of Noble and they considered their find exceptional.
Lose count of the 1m buys.
People know...
@Swazers
Are you the guy who lives in a shopping trolley in the Lidl in Huddersfield, posting about DGI between shouting at shoppers?
Thought so.
When are you next meds due?
'Don't try and change the narrative....'
Strewth.
DYOR
(fat fingers)
Going for a blue finish.
- Funding in place.
- World class helium asset.
- Commercial prospect is .5%. HE1 has 4.5%
- Double Noble's percentage
- News from here can only be GOOD.
DYRO
Islay Petrophysics Ltd and Gaia Earth Group are tremendously proud to have supported the Helium One Global Ltd team on this ground breaking project! Always so satisfying to see what can be achieved with a GREAT team. Thank you for placing your faith in us.
Demand is ferocious.
On the move
Gone through in last 10 minutes.
People are loading.
Level 2 is going ballistic!
):
Wowzers
'Turbocharging the company's ambitions....'
They mean BUSINESS
Looks like HE1 really has hit the jackpot.
7 February 2024
Mbelele lab results confirm high helium concentrations
at North Rukwa Project
Highlights
• Helium concentration of 2.46% confirmed in highly permeable reservoirs at the North Rukwa
Project’s Mbelele prospect
• Full section net reservoir increased by over three times to 148m in Mbelele-1 and almost two
times to 271m in Mbelele-2 after whole wellbore petrophysics analysis
• Hydrogen shows at up to 1,500 times background consistently for the upper 350m of Mbelele-2
• Funding in place to complete all required appraisal work
Noble Helium Limited (ASX:NHE) (“Noble Helium” or “the Company”) confirms
the Mbelele prospect at its North Rukwa Project in Tanzania has returned very
high helium concentrations of 2.46% following lab testing.
The results are in line with the Company’s initial field calculations based on the gas recovered from
helium-enriched fluids across multiple reservoirs during the two-well drilling campaign in the
December quarter. Results compare favourably against other helium projects around the world. To
put it in perspective, Mbelele’s helium concentrations are more than seven times the USA’s average
concentrations of 0.35%. Average helium concentrations in the established production precincts of
Qatar and Algeria are 0.05% and 0.19% respectively.1
Noble Helium’s Chairman, Mr Shaun Scott, said the lab results were an exceptional outcome
for the company.
“Many positives are now aligning. The Mbelele structure has very good helium concentrations
contained within exceedingly thick, porous, permeable and stacked reservoirs, and we’re now
pursuing low-cost testing, production and development technologies,” Mr Scott said.
“Further, this result doesn’t include the shallower gas cap which wasn’t sampled due to operational
constraints. When you consider there’s a noticeable increase in helium concentration from deep to
shallow, the upside looks very exciting.”
1 Source: United States Geological Survey
ASX Release
Green helium for a
high-tech world.