Greetings,
I only just learned of RLT today, courtesy of the HC bulletin and the ANN today of more He being "found".
Obviously I know very little about the company, other than it is sitting on a significant reserve of natural gas and helium (and debt).
I could not find any analyst report on the RLT website...does anyone know if one has been done?
It seems to me that there is no doubt about the reserves of He, nor that the price will hold up (given the fact it is a diminishing resource). But what about cash flow? Will RLT earn enough to cover their debt repayments?
Any scraps of information very welcome.
Cheers,
FHC
Ann: 1.9% HELIUM SURPRISE IN P12 AT VIRGINIA GAS PROJECT, page-43
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Last
84.0¢ |
Change
-0.010(1.18%) |
Mkt cap ! $25.47M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 84.0¢ | $3.223K | 3.803K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 235 | 1 |
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| Last trade - 15.51pm 12/09/2024 (20 minute delay) ? |
| RLT (ASX) Chart |