@Shaq_01 you are correct. RLT do not need to find 344Bcf to be the best deposit in the world. When you are producing 20Mcf a year at 0.5%He you need a very large resource. RLT's average helium is 3.5%He. If they could JORC 2Bcf at 3%He that would be 100 years mine life. Any more than that is unnecessary and doesn't add to the project NPV.
RLT can hit $80 per share, page-199
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Mkt cap ! $21.83M | |||
| Open | High | Low | Value | Volume |
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