Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

  
 
  
Reply to this topic

RLT, Renergen Limited
nipper
post Posted: Feb 20 2021, 04:06 PM
  Quote Post


Posts: 8,280
Thanks: 2668


In Reply To: nipper's post @ Feb 16 2021, 05:16 PM

Validation of the Cryo-VaccTM in anticipated deployment situations will commence shortly, but Renergen has already commenced discussions for the sale of units to logistics companies outside of the South African Development Community.

QUOTE
Precise temperature control combined with a formidable hold time in transit, makes Cryo-VaccTM a compelling asset in the transport of biologics, especially in the developing world. With a useful temperature range of over 150 ºC, Cryo-VaccTM is very versatile when compared to even standard refrigeration technology.

and .... Cryo-VaccTM is ideal for both air and ground transportation, utilising liquid nitrogen to transport by road and helium to transport by air. Aside from helium being only a fraction of the weight of nitrogen, significantly reducing its cost in airfreight, when used in Cryo-VaccTM helium can accommodate up to 12 times more vials per flight compared to other cryogens based on current flight safety regulations.




--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 16 2021, 05:16 PM
  Quote Post


Posts: 8,280
Thanks: 2668


In Reply To: nipper's post @ Jan 29 2021, 10:59 AM

Renergen is proud to announce the completion and successful operation of the Company’s first Cryo-VaccTM prototype, which is being presented to South African based media at its headquarters in Johannesburg, today at 10am SAST.


QUOTE
Cryo-VaccTM was designed and patented by Renergen for efficient transport and storage of ultracold biologics for periods of up to 25 days or longer in transit, where access to an external power source is not possible. The Cryo-VaccTM has a temperature range of -150 ºC to +8ºC, making it highly versatile for a range of vaccines.




--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jan 29 2021, 10:59 AM
  Quote Post


Posts: 8,280
Thanks: 2668


Renergen Limited (RLT) is an integrated alternative and renewable energy business that invests in early stage alternative energy projects across Africa and emerging markets. Its focus is on the commercialisation of the Virginia Gas Project which has reserves of both helium and natural gas.


Listed early 2019 on ASX
Some background
QUOTE
Renergen is an emerging producer of helium and liquefied natural gas (LNG), with existing production and sales of compressed natural gas (CNG). Renergen was listed on Johannesburg's AltX securities exchange in June 2015 as South Africa's first listed alternative and renewable energy company.

Renergen's principal asset is its 90% shareholding in Tetra4, which holds the first and only onshore petroleum production right in South Africa, giving it first mover advantage on distribution of domestic natural gas. The production right was issued by the DMR and is valid for 23 years. Tetra4's Virginia Gas Project is located in the Free State, approximately 250 km southwest of Johannesburg.

Following the DMR's award on 29 September 2017 of an Environmental Authorisation to construct all mid-stream and downstream facilities, Tetra4 has met all regulatory deliverables and contractual award of the New Plant is expected by June 2019, followed by completion and commissioning within 21 months. Tetra4 intends to decommission the compression station and begin exclusively producing LNG and liquid helium once the New Plant is operational.

Tetra4's natural gas offers a less carbon-intensive substitute for South Africa's existing transport fuel, thermal fuel and power. The gas fields are situated in an energy scarce area, with high customer density and limited competition. The natural gas resource contains one of the richest Helium concentrations recorded globally
.

It listed on the ASX early 2019 an bounced along, not really going anywhere. Elsewhere, a poster Swervin Mervin put up this prescient and informative post early December
QUOTE
Not much activity on the RLT threads for a while. These guys are well into a large drilling campaign and the ASX keeps putting up the Anns as non price sensitive so its still under the radar of a lot of people. I think people do not understand what RLT are doing. They are basically drilling into an area where they know the helium is there it is just a matter of how much. And in one of the vids they compared the helium concentration to a gold company hitting a 1000g/t sweet spot. See where it is in a month or so but I do not think the closing price will be anywhere close to $1.34

and it looks like that day has come. Up 50% , now $2.20..... Not for the reserves, but for the traction that is gaining.
Renergen Limited is pleased to announce that it has contracted with three companies for the engineering studies of Phase 2 of the Virginia Gas Project, located in Free State, South Africa:
• Saipem is a global solution provider in engineering, drilling and construction of major projects in the energy and infrastructure sectors, has been awarded the Front-End Engineering Design contract for the development of the downstream (liquid natural gas and liquid helium processing facilities including the associated balance of plant);
• EPCM Holdings is a global engineering, procurement and construction company, and is currently constructing Renergen's Phase 1 gas gathering pipeline, has been awarded the FEED contract for the development of Renergen's Phase 2 gas gathering pipeline; and
• Sproule is a leading independent consulting and advisory firm, which has been awarded the contract to evaluate and certify the reserves based on results of the additional data acquisition and the current drilling campaign. This will build on previous work carried out by MHA Petroleum Consultants, acquired by Sproule in 2019.



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING