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NHE - Noble Helium

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Noble Helium is an Australian public company incorporated on 13 January 2015 that is focused on exploration for helium in Tanzania, with the ultimate objective of establishing a major new commercially viable green helium source not linked to hydrocarbon production, to create a sustainable green helium option creating much needed geopolitical diversification within the existing fragile global supply chain of this vital industrial gas.

The Company holds (through its wholly owned subsidiaries registered in Tanzania) a 100% interest in a number of tenements in Tanzania which comprise four project areas, as follows:

(a) the North Rukwa Basin Project, which comprises twelve (12) granted prospecting licences covering a combined area of approximately 1,467km2 of the North Rukwa Basin located in south-west Tanzania;

(b) the North Nyasa Basin Project, which comprises two (2) granted prospecting licences covering a combined area of approximately 466km2;

(c) the Eyasi Basin Project which comprises five (5) applications for prospecting licences covering a combined area of approximately 1,138 km2 of the Eyasi Basin located in central northern Tanzania; and

(d) the Manyara Basin Project which comprises four (4) applications for prospecting licences covering a combined area of approximately 854km2 of the Manyara Basin located in central northern Tanzania.

It is anticipated that NHE will list on the ASX during April 2022.

 
Listing date08 April 2022 ; 12:30 PM AEST ##
Company contact details Ph: +61 8 9481 0389
Principal ActivitiesMineral exploration with a primary focus on identifying, exploring and developing helium assets in United Republic of Tanzania.
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeNHE
Capital to be Raised$10,000,000
Expected offer close date28 March 2022
Underwriter
This offer is not underwritten. Max Capital Pty Ltd and Inyati Capital (Joint Lead Managers)
 
the claim from their web page:

Due to the closure of the US BLM reserve, (completed 2021)* this has encouraged exploration for helium especially in North America, which until now was never considered as it sometimes pops up in a few LNG projects as a by-product.

The pendulum of helium demand is shifting geographically, with the Asia-Pacific region now leading the world in its demand for this unique gas. New applications are continuing to emerge whist critical industries such as Medical, Semi-Conductor, Fibre Optic Cable, Space and Defence are all critically dependent on helium as an enabler in production.

Geographic sourcing is shifting: Qatar already 27% is soon to be joined by Russia who have the potential to grow their new helium supply to 26%. These two jurisdictions would dominate global helium supply with a combined 53% of helium demand. There are now up to 20 new helium explorations, the great majority are in North America and they’re unlikely to find any significant volumes.


With substantial new estimated helium deposits in Tanzania, our independent certification of a mid-case 101 Bcf Prospective Resource in the first of 4 of our licenced Tanzanian basins gives us the potential to become a Tier One project at proof in 2023. Our current projections show that Tanzania will be one of the largest helium resources in the world.
 
..... and listed on time. In demand, opening at 41c and holding around there, so a nice stag
 
One year - no posting
I was intrigued to look into it after reading ramp up from Next Investors.
Normally prices go ballistic after they even sneeze about any stock, but not this time.



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Attachments

  • NHE drilling this quarter - Rig secured, fully funded.pdf
    1.3 MB · Views: 6
Website: https://noblehelium.com.au/
North Rukwa Project: https://noblehelium.com.au/north-rukwa-project/
North Nyasa Project: https://noblehelium.com.au/north-nyasa-project/
Eyasi and Manyara Projects: https://noblehelium.com.au/eyasi-and-manyara-projects/

The drawback of drilling just one hole to 1,000 metres is the cost of around A$6 - $9 million. So a company has the prospects of the share price tumbling very suddenly or rocketing. You could lose 80% or more quite easily or just maybe if it does outstandingly well buy a chunk of Melbourne or Brisbane. As a guide, Helium One Global in the UK rose to 10.5p but tumbled to 0.2p - it stands at 0.63p as of posting having found Helium with Nitrogen so it could go back up beyond 10p or crash out of sight - Good luck guys.


Helium doesn't mix easily with nitrogen because of the great difference in their densities. But once mixed, the gas molecules are close together and they move around quite a bit with kinetic energy so they stay mixed and don't separate out into layers.

 
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Website: https://noblehelium.com.au/
North Rukwa Project: https://noblehelium.com.au/north-rukwa-project/
North Nyasa Project: https://noblehelium.com.au/north-nyasa-project/
Eyasi and Manyara Projects: https://noblehelium.com.au/eyasi-and-manyara-projects/

The drawback of drilling just one hole to 1,000 metres is the cost of around A$6 - $9 million. So a company has the prospects of the share price tumbling very suddenly or rocketing. You could lose 80% or more quite easily or just maybe if it does outstandingly well buy a chunk of Melbourne or Brisbane. As a guide, Helium One Global in the UK rose to 10.5p but tumbled to 0.2p - it stands at 0.63p as of posting having found Helium with Nitrogen so it could go back up beyond 10p or crash out of sight - Good luck guys.



Well, now the NHE share price has slipped back a little and not rocketed forth. HE1 shares continued up standing at 2.35p from 0.2p after 3.5p. In the same area of North Rukwa but it is a big area so questionable as to being a 'nearology' case for NHE. The market cap of HE1 is about GBP90 million A$170 million and NHE stands at A$32 million. So the potential can be seen here if a Helium strike is made that is similar.

Map of Rukwa, Tanzania near the D R Congo border: https://www.researchgate.net/figure...onic-elements-and-distribution_fig9_272152069


December 4, 2023 -

Drilling campaign points to a prolific helium system at the North Rukwa Project​

 
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Helium Unveiled: Catalyzing Technological Breakthroughs!​

• Mar 18, 2024 • #helium #semiconductor #aitechnology
Noble Helium is leading the way in using helium, essential for MRI machines and semiconductor manufacturing, to drive tech innovation and sustainability worldwide. In an enlightening interview with their CEO, discover how they're overcoming global shortages to power AI and tech advancements.
Live Chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^NHE&p=5&t=1
Daily Chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^NHE&p=0&t=1
 
SPP to raise $3.5mn. ... at an issue price of $0.09 per SPP Share. Participants in the SPP will also be invited to apply for one (1) free-attaching Option (exercisable at $0.20 and expiring 30 January 2026) for every three (3) SPP Shares subscribed for and issued.

Funds raised from the SPP will be used to:
• Mature identified deeper targets in North Rukwa to drill ready;
• Exploration activities at the Company’s North Nyasa, Eyasi and Manyara licence areas in Tanzania;
• Continue to investigate potential business development and new venture opportunities; and
• General Working Capital requirements.
 
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