Renergen hit 'surprise' helium - here's why that's such a big deal
share clipboard This week, ASX small cap Renergen announced it had a helium “surprise” at its P12 well, which was set to be plugged and abandoned. It’s been almost a decade since the last round of helium hype in 2013 when America legislated moves to sell all its federal reserve assets by September 2021. The Bureau of Land Management has now extended its sale deadline to 30 September 2022 – but the fact remains that new sources will be needed in the near term. Helium is a vital, irreplaceable commodity for modern technologies, not just for balloons – even though the lack of parties ...
Source: stockhead.com.au