I note D3E (a Western Australian ASX listed company) have had a couple positive well results in the Free State. (+4% He) and have had to retract a few comments from their Investors presentation when comparing themselves to Renergen at the same stages of exploration.
The reason I raise it is because it fly’s in the face of Albie and his cohort who state there is no He in the Free State. D3E are well behind Renergen but I believe the Managements have met and have an appreciation for each other.
If D3E are successful, I don’t think they will build a Liquifying Plant but rather enter into an agreement with Renergen. (Long way down the track) but another reason it will be hard for Renergen to fail. IMO.
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