Ann: Liquid helium update, page-12

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Polyh

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12/06/24

13:15

Post #: 74277815
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Originally posted by Bgas: ↑

From the release - Renergen has appointed two independent helium consultants to bolster our team’s skillset for operation once the Performance Test is complete and the plant has been handed over. The consultants have a cumulative of several decades of experience in commissioning and running liquid helium plants around the world, in countries including Algeria, Australia, Poland, Qatar, Russia, and the United States. These consultants have already had the opportunity to engage and review the relevant design data of our process plant and assess the overall progress of the commissioning team on the front-end part of the process thus far. They have indicated that no fundamental issues are likely to exist with the plant, as we have successfully liquified helium from raw gas with proven repeatability, and further confirmed that the processes currently being followed are standard commissioning procedures for a helium plant. They further emphasized the importance of patience in this final stage of the commissioning process, as it is a crucial step in ensuring the optimal performance of the plant.

This is exactly what many of us have been crying out for a ling time. It's about bldy time!
Would have been prudent to have these experts involved years ago, but better late then never.

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Yup Bgas, as I said in another post echoing yours, for the first time I am assured by the status of the helium commissioning and competency of the take-over team.
Now it will be interesting to see the share price performance.

RLT Price at posting: 84.5¢ Sentiment: Hold Disclosure: Held
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