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MrStu

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03/02/23

10:42

Post #: 66049621
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Originally posted by AaronP747: ↑

Here is the AGY chart who are producing Lithium compared to our LNG and Helium but have ran a similar course through a pilot plant and stage 2 plant. They also encountered a huge slide in Lithium prices before the pilot plant got off the ground and after it began producing. I see so many similarities between AGY and RLT in the process of the business becoming a producer and then getting stage 2 approved then building stage 2.

Take a close look at when the big money started flowing into AGY, it's very obvious! I expect a similar pattern to occur for RLT.

Both companies got stage 1 tiny plants off the ground for proof of concept and both have slid down in price, RLT might hang down here for a while like AGY did until Stage 2 gets going. Also note RLT began Phase 2 studies back in January 2021, that's 2 years so far, i am sure they have stage 2 pretty much all dialed in. Also i believe stage 2 will be easier as RLT will be contracting one of the big suppliers to undertake stage 2 (more experienced than the company for stage 1).

I'm expecting strong news flow in the coming months with approvals of $$$$, announcement of who is building stage 2, NASDAQ and the beginning of stage 2 works.

ALL IMO.

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Great post mate thanks

RLT Price at posting: $2.10 Sentiment: None Disclosure: Held
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0 Great analysis

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Last 71.0¢		Change 0.000(0.00%)		Mkt cap ! $21.53M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
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Renergen General Discussion, page-1289

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Renergen General Discussion, page-1289

Top Stories

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News