Renergen RLT is the only onshore natural gas producer in South Africa: an energy-scarce area, with high customer density and limited competition. It is cold commissioning Feb hot commissioning in Mar with first deliveries in Apr from its initial small scale pilot plant with a x15 the scale phase 2 plant expected to be operational from 2024.
Not to mention it's main revenue stream to then be helium aiming to take 10% of the global market.
Note there is no global helium pricing but note issues with three major suppliers the US BLM, Russia's Amur plant fire and Qatar admitting recently no additional capacity till 2025 mean potential global helium shortages going forward. Noting the only ASX helium producer will be Renergen from Apr - others are explorers such as bnl gge and glv
