The reserves update is coming "soon" probably once the ASX/JSE are happy to release it so hopefully in the next 1-2 weeks we get to see the updated reserves data.
The helium price to use in any estimates to me is hard to pinpoint but it is trending up for long term bulk agreements which is great from UD$200/mcf to Linde for the small Phase One to US$400/mcf to US$550 for the Phase Two agreements.
Evander the other gas field appears to be situated around the meteor impact dome too so hopefully it might have some decent natural gas and helium there time will tell.
In the map below the Virginia Gas Project is approximately at Welkom on the map with Evander about 200-300km away
The reserves update is coming "soon" probably once the ASX/JSE...
Add RLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
98.0¢ |
Change
-0.020(2.00%) |
Mkt cap ! $29.71M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 98.0¢ | $1 | 1 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1047 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 29 | 2 |
View Market Depth
| Last trade - 13.20pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
96.0¢ |
Change
-0.020 ( 3.03 %) |
||||
| Open | High | Low | Volume | ||
| 96.0¢ | 96.0¢ | 96.0¢ | 240 | ||
| Last updated 15.09pm 03/05/2024 ? | |||||
| RLT (ASX) Chart |