Renergen have their own on site permanent ISO containers (which are filled and then transferred to the mobile ISO's). There is no indication the Linde ISO was filled with any He and from the pics from Zee it doesn't appear to still be on site.
It is a strong level of commitment by management but at the end of the day it is out of necessity. In the last quarterly Renergen had enough funds for one more quarter and it was noted that it would be supplemented by He sales. This hasn't occurred.
Hopefully the maintenance goes well, the additional wells are tied in and restart of the plant occurs quickly and then all of us shareholders can rest a little easier.
RLT Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
