RLT (ASX) Renergen General Discussion

Originally posted by dennistheron: ↑

Thanks for what you shared Zaraah. I agree that Renergen is like a hidden pearl which when the time is right will shine its way onto the world stage.

I am a retired professional engineer and the research I have done in this project blows me away.

The unjustified negative press that the company and its management often gets from immature investors is almost amusing because it shows
the sheer ignorance of people who have invested money for quick profit which is not going to happen with a project of this magnitude.

People forget that this project has been 10 years in the making and as far as I know is the only plant in Africa which will producing both LNG and Helium in very large quantities. The fact that when it switched on, the LNG flow went without a hitch is a fantastic milestone. Sure there was a problem with the Helium flow but when a plant which is 10 years in the making is switched on for the 1st time, snags will arise as is almost always the case after a house is built.

Snags can actually be beneficial, because the level of focus on the plant becomes much more intense when something needs to be fixed than during the normal course of events plus it is far better for any potential issues to arise and be dealt with sooner rather that later. I have worked in huge already established paper plants and have witnessed many significant technical challenges arise which is dead normal and I can almost promise that Renergen will experience further teething issues which will no doubt have the quick profit investors nashing their teeth furiously, shorting the share and having a full go at management who, from my interaction with them, are world class players in their field.

These little tin pot investors are most welcome because as they sell their shares and throw negativity into the public domain, this gives the big picture guys the opportunity to snap up the share at bargain prices.

These big picture guys know that Renergen is not a short term investment so the 30% price drop over the last 6 months is of no concern to them whatsoever.
The long term potential will ultimately make large investors financially independent.

The Renergen project should come into its own in 2025 when Phase 2 kicks in which will light up the Helium world stage. Until then the share will trade far below its fair value although I have no doubt when the Phase 1 Helium and LNG production lines are both running smoothly that will be the catalyst that will push the baseline price to $4.00, from where it will grow because Renergen will finally be producing and start to show its potential to be a significant international solution to the problem of the world wide Helium shortage.

The world will then watch the plant for a while as other teething problems (which are inevitable for a plant of this size and complexity) until the plant proves itself in terms of medium term stability and consistency. My prediction is that at that point the offers for finance will pour in which may dilute the share price for a short period but than it will be lift off in time and those who are invested will be smiling while the make-a-quick-buck moaners and groaners will be left stranded in the sea of negativity.

I am a proud South African and just love it when our country produces greatness. The 1st heart transplant in the world was performed by a South African heart specialist in South Africa and something tells me that it won't be long before we can proudly showcase more greatness. Watch this space.

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I was truly blown away when I visited the plant with the magnitude of what Renergen have created in such a short time and you have expressed exactly what I have seen.
I have spoken to a top geologist in the area who has voiced the same as yourself.
The contractors have been now employed to remain onsite for a month to ensure any hiccups are swiftly dealt with.
You should be extremely proud, such talent in South Africa and everyone Lekker!

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(20min delay)
Last 83.5¢		Change -0.005(0.60%)		Mkt cap ! $25.32M

Open	High	Low	Value	Volume
82.5¢	83.5¢	82.5¢	$21.73K	26.33K

Renergen General Discussion, page-742

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