I have bought a significant stake in RLT.
There was research produced by Eazy Equities which sums up this deal.RLT commissioned a research report by Michael Bentley, a Senior Research Analyst as MST.
- Market cap $153m
- PE 6x
- Phase 1 production 79,200 kg of He and 633,600 gigajoules (GJ) of liquid natural gas (LNG) per annum.
- Phase 1 revenue:$19M per annum
- Helium intersections of 12% He with an estimated grade of 3%, whereas the average for the rest of the world sits way below 1%.
- Pilot plant has been producing Compressed Natural Gas (CNG) as fuel for the Megabus fleet since
- Phase 1 plant in progress and the estimated for completion is July 2021.
- Offtake for 90% of the helium already in place.
- Partnerships for 600 trucks being lined up as we speak. Using LNG as fuel. These include Megabus, Logico Logistics, BHIT, and Total.
- LNG is a by-product in Renergen’s helium production process. In other words, the LNG pays the bills while the helium is the cream on top.
- Renergen is the only company with an onshore production right. Giving them a head-start to other producers of 5 to 10-years.
- Renergen will target the massive South African trucking fleet to supply it with LNG and there is already a demand.
If this returned 1,000% I would be underwhelmed. This is the type of stock I will hold for 10,000%.
- Forums
- ASX - By Stock
- RLT
- Renergen will own the helium market
Renergen will own the helium market
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RLT (ASX) to my watchlist
|
|||||
Last
92.0¢ |
Change
-0.050(5.15%) |
Mkt cap ! $27.89M |
Open | High | Low | Value | Volume |
96.5¢ | 96.5¢ | 92.0¢ | $2.414K | 2.573K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150 | 90.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.01 | 1769 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150 | 0.900 |
1 | 1123 | 0.890 |
1 | 2000 | 0.860 |
1 | 5000 | 0.855 |
1 | 25000 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
1.005 | 1769 | 1 |
1.010 | 2000 | 1 |
1.015 | 2776 | 1 |
1.020 | 25000 | 1 |
1.035 | 25000 | 1 |
Last trade - 11.29am 28/08/2024 (20 minute delay) ? |
Featured News
RLT (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online