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Noble Helium Navigates Leadership Shift and Drilling Delays Amid Cash Crunch
4:32am on Monday 2nd of June, 2025 AEST
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Mining
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Noble Helium Navigates Leadership Shift and Drilling Delays Amid Cash Crunch
4:32am on Monday 2nd of June, 2025 AEST
Key Points
Significant board leadership change with Dennis Donald appointed Non-Executive Chairman
Western margin drilling program postponed due to rig clearance delays and wet season
Cost-saving initiatives implemented to conserve cash amid $0.6 million on hand
Ongoing review of medium-term strategy and engagement with investors and partners
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Noble Helium (ASX:NHE)
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