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Https://hotcopper.com.au/asx/nhe/
Open top thread to read the ANN
Highlights
• Mbelele wells completed at North Rukwa
Helium Project. Multiple data points
throughout the drilling campaign point to a
prolific helium system.
• Firm commitments received from institutional,
sophisticated and accredited investors to raise
$14.0 million (before costs). Completed 30
January 2024.
• Planning is now underway to move as quickly
as possible to flow test the Lake Beds and test
the gas cap identified at Mbelele-1. This
information will be critical in executing our
early monetisation strategy.
• Commercial negotiations advanced towards
securing a leased plant and offtake
agreement.
Https://twitter.com/Soulbythewater/status/1752749556620542450?t=tjW9fW18w2wvTdYtxaFbtA&s=19
Https://hotcopper.com.au/asx/nhe/
Could be HE1 very soon :-)