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Noble Helium Ltd.
(Sydney:NHE)
Noble Helium Ltd. (NHE) vs. iShares MSCI Australia ETF (EWA)
Noble Helium Ltd. Business Overview & Revenue Model
Noble Helium Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -965.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.89K |
| Gross Profit | -338.51K | -233.18K | -72.91K | -77.64K | 0.00 | 23.89K |
| EBITDA | -5.29M | -3.22M | -2.37M | -2.65M | -40.43K | -3.00 |
| Net Income | -7.54M | -5.06M | -2.44M | -2.75M | -165.42K | -306.18K |
Balance Sheet | ||||||
| Total Assets | 55.70M | 51.16M | 22.26M | 10.72M | 308.50K | 472.94K |
| Cash, Cash Equivalents and Short-Term Investments | 1.60M | 2.26M | 4.04M | 8.46M | 13.15K | 238.18K |
| Total Debt | 6.09M | 4.75M | 0.00 | 0.00 | 20.11K | 20.11K |
| Total Liabilities | 6.84M | 6.39M | 1.23M | 198.72K | 27.03K | 23.61K |
| Stockholders Equity | 48.85M | 44.78M | 21.03M | 10.52M | 281.47K | 449.32K |
Cash Flow | ||||||
| Free Cash Flow | -11.47M | -37.13M | -17.36M | -3.08M | -184.60K | -611.32K |
| Operating Cash Flow | -1.42M | -4.04M | -3.34M | -1.44M | -124.01K | -379.13K |
| Investing Cash Flow | -9.57M | -32.62M | -14.02M | -1.64M | -60.60K | -232.19K |
| Financing Cash Flow | 11.68M | 35.01M | 12.92M | 11.58M | 0.00 | 568.01K |
Noble Helium Ltd. Technical Analysis
Noble Helium Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
43 Neutral | AU$1.38B | -6.10 | -40.62% | 4.17% | -4.78% | -43.21% | |
37 Underperform | ― | -16.98% | ― | ― | 11.54% | ||
| $1.41M | ― | -121.35% | ― | ― | ― | ||
| €14.54M | ― | -420.93% | ― | ― | ― | ||
64 Neutral | AU$57.03M | 27.78 | 4.12% | ― | 20.25% | ― | |
46 Neutral | AU$20.93M | ― | -73.56% | ― | -6.15% | -12.45% | |
45 Neutral | AU$17.55M | ― | -113.38% | ― | ― | 44.09% |
Noble Helium Ltd. Corporate Events
Noble Helium Ltd. has announced a postponement of its Western margin drilling program and is implementing cost-saving measures to conserve cash. The company is undergoing a review of its medium-term strategy and is actively engaging with potential investors and partners. Despite delays due to customs clearance issues and the wet season in Tanzania, the company remains optimistic about commencing its next drilling campaign within the year at the North Rukwa Project, which holds significant potential for helium production. The new board is also working to resolve issues with a previously secured funding package and is in discussions to refinance the company.
Noble Helium Ltd. has issued 7,630,043 fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act, as confirmed in their recent announcement. This issuance aligns with the company’s compliance with relevant provisions of the Corporations Act, indicating a strategic move to enhance its operational capabilities and market presence.
Noble Helium Limited has announced a new application for the quotation of 7,630,043 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move reflects the company’s strategic efforts to enhance its financial positioning and expand its market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
Noble Helium Limited has announced the expiration of 45,632,038 quoted options, exercisable at $0.25 per option, on 3 May 2025. These options are significantly ‘out of the money’ as the current market price of the company’s shares is $0.019, well below the exercise price. The cessation of the official quotation of these options will occur on 28 April 2025. If the market price exceeds the exercise price before the expiration, the company will notify option holders. The expiration of these options could impact stakeholders by potentially reducing the number of shares issued if the options remain unexercised.
Noble Helium Limited is hosting an investor webinar on April 2, 2025, to provide a quarterly update and discuss upcoming activities at its North Rukwa Project in Tanzania. The event, led by the new Chair, Mr. Dennis Donald, will include a presentation and Q&A session, highlighting the company’s strategic positioning in the helium market amid rising demand and constrained supply.
Noble Helium Limited has announced a change in its share registry management, moving from Automic Registry Services to Computershare Investor Services Pty Limited, effective from April 7, 2025. This transition aims to enhance shareholder experience by providing a secure and accessible online portal for managing holdings, which could improve operational efficiency and stakeholder engagement.
Noble Helium Ltd. has released its interim financial report for the half year ending December 31, 2024. The report outlines the company’s financial performance and operational activities during this period. This announcement provides stakeholders with insights into the company’s financial health and strategic direction, potentially impacting its market positioning and future operations.
Noble Helium Limited has appointed Dennis Donald as its Non-Executive Chairman. With extensive experience in the oil and gas sector, including his role in growing Warrego Energy Limited, Mr. Donald is expected to leverage his expertise to help Noble Helium address the increasing global demand for helium. His appointment underscores the company’s commitment to expanding its operations and strengthening its market position in the helium industry.
Noble Helium Limited has announced the appointment of Mr. Craig McNab as the new Company Secretary, replacing Mr. Duncan Cornish. Mr. McNab, a Chartered Accountant with extensive experience in the resource industry, previously played a key role in the company’s successful ASX listing in 2022. His appointment is expected to enhance the company’s compliance and governance capabilities, potentially strengthening its market position.
Noble Helium Ltd. is positioning itself as a leading helium producer with a strong focus on its North Rukwa Project in Tanzania, where it sees significant potential for commercial helium production. The company has announced a new Board with a commitment to restoring investor confidence and optimizing company performance through strategic reviews of operations and financing. The Board believes the company is undervalued and aims to improve shareholder value, leveraging its new leadership’s experience in the oil and gas industry.
Noble Helium Limited has announced the appointment of Dennis Donald as a new director, effective February 17, 2025. Dennis Donald holds significant indirect interest in the company through Condor Energy Investments LLP, where he is a director and major shareholder, owning 19,230,770 ordinary fully paid shares. This appointment is expected to strengthen Noble Helium’s leadership team and may impact its strategic direction in the helium exploration market.
Noble Helium Limited has announced that Greg Columbus has ceased to be a director of the company as of February 17, 2025. This change in the board is accompanied by a disclosure of Columbus’s interests in the company, which includes significant holdings through Discovery Investments Pty Ltd and the ROSCOL Family Trust. The departure of Columbus may impact the company’s strategic direction and governance, potentially affecting stakeholders and future operations.
Noble Helium Ltd announced the issuance of 4,570,747 Ordinary Shares, in compliance with the Corporations Act, without disclosure to investors under Part 6D.2. This strategic move, authorized by the board, aligns with the company’s operational goals and could potentially strengthen its market position in the helium sector.
Noble Helium Ltd. has announced the issuance of 4,570,747 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of February 17, 2025. This move signifies the company’s effort to enhance its capital base, potentially strengthening its operational capabilities and market position in the helium exploration industry.
Noble Helium Limited announced a proposed issue of 5,000,000 fully paid ordinary securities, scheduled for August 18, 2025. This strategic move is likely to enhance the company’s capital base, potentially aiding in the expansion of its helium exploration projects and strengthening its market position.
Noble Helium Limited has announced significant changes to its Board and executive team following discussions with major shareholders who represent approximately 29% of voting rights. The restructuring involves the departure of several key figures including Chairman Prof. Andrew Garnett and Managing Director Mr. Shaun Scott, as the company seeks to improve its position and implement new strategies for future funding. The new Board appointments include Mr. Dennis Donald, Mr. Walter Jennings, and Mr. Owain Franks, aiming to bring fresh perspectives and experience to the company’s operations. Despite the disappointing exploration results to date, the outgoing directors remain optimistic about the potential of the company’s exploration acreage in Tanzania. The incoming directors are committed to revitalizing the company as it enters a new phase of its project, with Mr. Justyn Wood continuing in his role as Executive Director responsible for exploration and new ventures.
Noble Helium Ltd. announced the cessation of 2,000,000 securities under the ASX security code NHEAF, as the options expired on February 10, 2025, without being exercised or converted. This development could impact the company’s capital structure and investor dynamics, although it reflects a routine aspect of managing financial instruments within the industry.