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Is Noble Helium on the Verge of a Significant Helium Discovery? — ASX:NHE| ASX Mining News & Discussion
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Lykeshares Official
$NHE Is Noble Helium on the Verge of a Significant Helium Discovery?
Noble Helium Limited (NHE), an Australian company, has released preliminary results for its Mbelele-1 well, part of the North Rukwa Helium Project in Tanzania. These findings hint at the potential discovery of a substantial helium system in the region.

Promising Results and Excitement

CEO Justyn Wood expressed his satisfaction with the initial result of the well, which revealed a greater thickness of net reservoirs than initially estimated by NSAI (Netherland, Sewell & Associates, Inc.) and the company itself. However, further laboratory analysis is required to fully confirm the North Rukwa rift basin as a helium discovery.

Mbelele-1 Exploration and Next Steps

The drilling of the Mbelele-1 well commenced on October 27 and encountered gas at 85mRT, accompanied by noticeable effervescent bubbling in the mud system and a significant increase in helium levels compared to background levels in the mud gas. Wireline logs further confirmed the presence of well-developed reservoirs and seals.

While a gas sample ...
Is Noble Helium on the Verge of a Significant Helium Discovery?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?