Hardsy. The helium is there, they just have to find the fracture. They have already established that 12% helium is present.
If they locate the fracture then the share price will take off kind of like a helium balloon - skyward.
RLT is also tying up contracts with major trucking Companys so the business model as it exists seems quite profitable.
Your prediction of $2 per share at years end is feasible however if they find the holly grail then you could nearly put a zero
at the end of that 2.
GLTA
Renergen (ASX: RLT) creates vaccine storage solution, page-210
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Last
88.0¢ |
Change
0.020(2.33%) |
Mkt cap ! $26.68M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 88.0¢ | $6.288K | 7.139K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3471 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 1800 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| RLT (ASX) Chart |