Renergen General Discussion, page-3029

It’s a shame but the future of the company has been reduced virtually to a binary outcome:

EITHER the OEM plus the 2 “hired guns” produce liquid helium in the VERY SHORT FUTURE (ya hear me, Stef?) and we see a real RE-rate of the SP.

OR they don’t/can’t, which will mean the SP will tank. Then a couple of scenarios open up:

1) the company goes in administration if it can’t repay its loans. We do our dough. (Ugh!)
2) the company keeps Phase 1 going just to produce and sell LPG.
3) Same as 2) but the US investors, undeterred by the Phase 1 helium failure and realising that Phase 2 is a different beast and will be built by a responsible, experienced contractor, decide to go ahead. They realise that the US needs another helium supply now that Russia is out of the market.

IDK which way it will go, but I do know that Stef would be puckered up pretty tight at the moment!