RLT 0.68% 72.5¢ renergen limited

Possibly the world's largest & highest grade helium deposit, page-2

  1. 2,188 Posts.
    lightbulb Created with Sketch. 331
    nice little summary GBB.
    What i like about RLT is Helium was always part of the story. Its combined with their LNG and extracted during processing. They were always panning for helium ...but then this happened:

    https://hotcopper.com.au/data/attachments/2584/2584253-a53b5d560354dd1aab26c0f9dbfcdc7c.jpg

    They know they have helium. Its just a question of how much.
    Their lowest, most conservative estimate (the 90% probabiliity of success) of 32BCF @ over 1% concentration.... is Huge !

    Their next milestone is coming up (all be it a bit late)
    https://hotcopper.com.au/data/attachments/2584/2584260-4e87f98da9926fd216458cb97930f405.jpg

 
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