Noble Helium Ltd. (AU:NHE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Noble Helium Ltd. announces a 66% increase in their Western Margin P50 Helium Prospective Resource, following a comprehensive review by NSAI, which also revealed superior reservoir qualities and higher helium concentrations. The company is optimistic about the potential for early, low-cost commercialization, especially with a 500% increase in the deeper Karoo P50 Resource after recent seismic mapping. A parallel review is now in progress for the Eastern Margin, with expectations for significant resource updates.
For further insights into AU:NHE stock, check out TipRanks’ Stock Analysis page.