Investors will now want to know what the actual volumes will be.
Investors reacted positively to the news that JSE-listed onshore gas group Renergen has finally started producing helium at its Virginia plant in the Free State.
In its statement, Renergen said that the OEM is now ensuring that the operating conditions are satisfactory to commence the performance test. At that stage, the helium train will be put into “continuous operation mode”.
The independent verification by a third party is important, says Clark, because some claim Renergen does not produce helium.
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