RLT

4.46%

75.0¢ renergen limited

RENERGEN USA TRIP, page-2

First 2 Last

Share
Profile

Follow
Sussudio

579 Posts.

86

14/07/21

09:55

Post #: 54486138
Share

Originally posted by CarloFerreira: ↑

I have very little doubt that Stef`s trip to the USA is to finalize funding for Phase 2. It will also give him an opportunity to further consolidate his new partnerships with key stakeholders. It appears as though Renergen has strategically chosen to partner with the USA, rather than the Chinese as a result of the SP bot manipulation, which leads back to the Chinese.

1.Setup Renergen USA – this will allow Renergen to participate in heliumtenders for NASA, SpaceX and other defense programs etc …Makes sense to haveheadquarters in California
2.Meetwith Elon Musk (I believe Elon still lives a few hours outside ofCalifornia and Tesla has relocated to Texas) – I believe this is definitelyon the cards. Everyone is aware that they both attended the same high school inSA, even though their overlap was brief. Stef has referenced Elon several timeson twitter, I dare say a meeting has bee organized
3.Additionalfunding from OPIC.As everyone is aware, the USA government provided Renergen with USD $40M duringthe initial stages for the Helium and LNG projects. As referenced in RLTslatest Annual report, OPIC is now called the DFC. the U.S.A International Development Finance Corporation.
4.Meetwith Exxon Mobil who are based in Texas. Exxon currently supplies 60% ofthe worlds helium. As we all know Hugoton is scheduled to go off line in 2023.When Hugoton does go offline, this will reduce Exxon`s helium distribution toapproximately 35% of global distribution. Hugoton will cause major problems forboth the USA, and Exxon. It makes sense that Renergen will fill this gap inthe market.

I believe all of the above have merit, I have little doubt that Stef would make the effort to travel to the USA for 1-2 weeks in the midst of Covid restrictions, if it was not to finalize Phase 2 funding. Renergen has always stated that there will be no cap raise to finalize Phase 2 funding..

Expand

I imagine any agreements would be made after the resource update and PFS. Stefano must be very confident of the results, and that the results are imminent

RLT Price at posting: $1.67 Sentiment: Buy Disclosure: Held
17 Upvote

0 Great analysis

Reply

Top Stories

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

RCE

Recce's R327 found effective against E.coli during clinical trial

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Microcap Wrap: 5 explorers with news out today

There are more pages in this discussion • 223 more messages in this thread...

First 2 Last

Add RLT (ASX) to my watchlist

(20min delay)
Last 75.0¢		Change -0.035(4.46%)		Mkt cap ! $22.74M

Open	High	Low	Value	Volume
77.5¢	78.5¢	74.5¢	$121.4K	160.3K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	74.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	19539	2

View Market Depth

No.	Vol.	Price($)
1	10000	0.745
1	750	0.700
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.805	19539	2
0.830	18023	4
0.850	18200	1
0.870	17545	1
0.890	3000	1

Last trade - 16.10pm 28/06/2024 (20 minute delay)

RLT (ASX) Chart

RENERGEN USA TRIP, page-2

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Recce's R327 found effective against E.coli during clinical trial

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Microcap Wrap: 5 explorers with news out today

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

RENERGEN USA TRIP, page-2

Top Stories

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Recce's R327 found effective against E.coli during clinical trial

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Microcap Wrap: 5 explorers with news out today

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News