Stefano's Tweets, page-1404

I'm not sure if the price could of been influenced as its the maiden load from the plant? Meaning prices could be higher once Renergen proves itself after a few helium deliveries?





Anyway if we assume Renergen can sell 35% of its current 2P helium reserves of 13.6bcf of helium at spot pricing for let's say US$850/mcf that equates to 13.6 x 850 x 1m x 0.35 = US$4.046 billion.

Then you would need to add revenues for the LNG sold at globally attractive prices and the other 65% of the helium on long term deals.




Bearing in mind going back to prior to the 2021 reserves update the potential albeit very low chance was for a maximum of about 371bcf of helium.




The current combined contingent resources and reserves of helium after the Sept 2021 reserves and resources updare from Sproule was 32.3bcf of helium. So if we assume 30bcf of that becomes helium reserves then 35% of that sold at spot of US$850/mcf is US$8.925b in revenues from just 35% of that helium only before adding revenues for LNG and the other 65% of the helium.



Noting the reserves area is only 14% of the land area so potentially the reserves could be significantly increased over time.