Noble Helium released its Q2'24 results highlighting the identification of commercial production potential in Mbelele’s shallow, free gas cap zone through recent reservoir modelling, and the appointment of Mr. Dermot O’Keeffe as COO. The company received its first Tanzanian VAT refund of A$1.3mm. Post-quarter, Noble identified eight additional potential shallow free gas helium targets in the Western Rukwa Upper Lake Beds zone and upgrading the hydrogen potential in the Western Rukwa area based on post-drilling data analysis and in-house studies. The company ended the quarter with a cash balance of A$2.3mm. The company also released its Jul'24 presentation discussing its results.
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See AllNoble Helium's CFO, Graham Yerbury, announced his retirement set for end Jun'24. In the short term the company will not look to replace...
Noble Helium received its first VAT refund of A$1.285mm from the Tanzania Revenue Authority. This financial boost, which does not require...
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