A reminder of the huge potential upside here with a reserves update expected in the next 2-3 months.
https://www.renergen.co.za/helium-resource-update-shows-renergens-huge-potential/
The MST report at the above link from my understanding provides:
An AUD$5.00 valuation per share based on:
8.85bcf of helium and 284.2bcf of natural gas
Noting we already have proven reserves of:
Then huge potential upside from contingent and prospective resources being converted into reserves. The upside potential here is incredible!
RLT can hit $80 per share, page-786
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $26.83M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 88.5¢ | 86.0¢ | $18.57K | 21.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4285 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 19999 | 1 |
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| Last trade - 15.23pm 01/11/2024 (20 minute delay) ? |
| RLT (ASX) Chart |