Australia's Noble Helium falls on non-receipt of Interpol clearance for rig

Noble Helium

31/10/2024 23:37

** Shares of Noble Helium  NHE.AX  fall as much as 8.6% to
A$0.053, hitting their lowest level since Oct. 11
    ** Commodity chemicals explorer says BoreXpert rig delayed
at Kenya/Tanzania border
    ** Co says paperwork related to Interpol clearance, started
several weeks ago and expected to be completed last week, is
still awaiting completion
    ** Adds BoreXpert's earliest estimate for rig to be on-site
is by mid-November
    ** Co does not foresee delay causing any additional or
significant problems in completing upcoming program
    ** Stock down 44.8% YTD, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))