RLT 2.27% 90.0¢ renergen limited

Ann: 1.9% HELIUM SURPRISE IN P12 AT VIRGINIA GAS PROJECT, page-36

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  1. 602 Posts.
    lightbulb Created with Sketch. 92
    Just some back of the envelope numbers to throw around:
    If resources are proven to be ~$110B USD
    Assume 20% profit margin (conservative)
    Assume life of mine = 20yrs
    NPV ~ $4.5B USD ~ $5.9B AUD

    i.e. potential SP upside ~30x

    Even if this is an overestimate of 2 times actual, I would still be v. happy with that kind of return. All remains to be seen anyway.
 
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