RLT 2.56% 76.0¢ renergen limited

Pure play helium projects I have noticed need almost double the...

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    Pure play helium projects I have noticed need almost double the helium concentrations to be economic versus projects also capturing the natural gas.

    The US has average 0.35% helium concentrations in their proven reserves per Edison.

    https://hotcopper.com.au/data/attachments/3642/3642041-bb0925ee4e7db70c49c2fe105ec5c62e.jpg
    Then 0.3% is considered economic so 0.35% average in the US is a profit margin of 0.05% only it appears although maybe more now if helium prices have increased.

    https://hotcopper.com.au/data/attachments/3642/3642047-6491a8bfbd1f323c1b34638d70685ddb.jpg

    Then 0.6% is needed for a pure play helium project to be economic as I understand it.

    https://hotcopper.com.au/data/attachments/3642/3642044-d4073cc38bdef28e91f1936916229451.jpg
    Little wonder the US is so supportive of Renergen with average helium concentrations of about 3% by providing the US OPIC US$40m loan to help execute the Phase One plant.

 
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