RLT 1.78% 86.0¢ renergen limited

Ann: RENERGEN SWITCHES ON VIRGINIA GAS PLANT, page-53

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  1. 194 Posts.
    lightbulb Created with Sketch. 86
    Just listened to this podcast, some key info to take away.

    - LNG turned on last Friday
    - LNG was the biggest hurdle for commissioning due to it being the most dangerous part (combustable)
    - LNG first delivery will be going to Ceramic Industries which is located just around the corner from Renergen
    - Next stage in commissioning is to check turbines are wired correctly for helium production
    - Helium should be switched on in 1 to 2 weeks MAX
    - First load of Helium to be heading overseas
    - It will take a few months from now to reach full capacity
    - Phase 2 funding pen to paper early part of Q1 2023
    - Breaking ground for phase 2 targeting Mid 2023
    - Phase 2 online 2025 sometime
    https://hotcopper.com.au/data/attachments/4654/4654921-c171949579081e8dae53d282eeba0f47.jpg
 
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