Renergen (ASX: RLT) creates vaccine storage solution, page-12

Hi @stuckinhouse

I don't know enough about the science to debate the point with you. What I will say is that RLT has always been the subject of disbelief. Linde didn't believe they had 2% helium in the gas, couldn't be possible. It turned out to be true, they then went on to find up to 12% helium concentrations.

Your comment 'it should be preserved for critical needs such as MRI machines' is subjective really. Consider an MRI machine conducts tests on 1 person, whereas RLT's Cryo-Vacc can hold vaccines for up to 100 people. If the proof of concept works, the same amount of helium as 1 MRI machine might vaccinate 100 people.

The upside is it works, they attract a partner and commercialise the technology. It could offer a huge payoff. The downside is the concept fails and they blow $500K in R&D. It's a non issue. It is not their core business.

- RLT have an LNG business valued at $2+
- Drilling 2 holes at Virginia now, 3 more to follow
- Gaseous odors already detected in hole 2
- Average helium grades of 3% with concentrations up to 12%

Exploration target
P90 = 32BCF worth $8.9Bn
P50 = 106BCF worth $29.4Bn
P10 = 344BCF worth $95.67Bn