RLT 0.00% 88.5¢ renergen limited

World domination of the helium market., page-12

  1. 38 Posts.
    lightbulb Created with Sketch. 10
    At 24:30 in the Q&A Stefano says that 'underneath our field there's a few hundred million tonnes of uranium, which is why all of the helium is there'. Makes sense as a lot of helium nowadays comes from decay of radioactive elements.

    Have never really actually thought about that opportunity for these guys considering how much is going on already. Hypothetically though, they may be able to extend their reserve plan because of this? I.e. they're trying to get around 6 decades worth of helium production, but factoring in the uranium could this extend even further? Perhaps they could even sell the asset after the helium reserve has been depleted (someone else could do an open cut mine on it or something), although I'm not sure the uranium market will be prospering in 60 odd years time.

    Would be keen to get some opinions on this as my knowledge on uranium is fairly modest. It is so painfully clear though that this is a world class asset with global significance.

    $300m market cap doesn't make sense.. maybe $600m in the near future does however
 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
(20min delay)
Last
88.5¢
Change
0.000(0.00%)
Mkt cap ! $26.83M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 6000 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 26760 1
View Market Depth
Last trade - 09.42am 28/05/2024 (20 minute delay) ?
RLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.