RLT 3.40% 71.0¢ renergen limited

RLT can hit $80 per share, page-29

  1. 41 Posts.
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    Here is a list of the major helium projects coming online over the next 3 years.

    The average grade of these are all under 0.5% Helium. They have invested $Billions in capex to bring these online. Due to the low grade they have to have much larger output levels to make up the economies of scale. They operate at very small margins.

    If RLT discovered 106Bcf @ 3%He there would be no need for the projects listed below.

    https://hotcopper.com.au/data/attachments/2846/2846459-ff21878344f47ec3d8e74dcf7256bb5c.jpg
 
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