RLT 1.34% 73.5¢ renergen limited

Renergen General Discussion, page-2669

  1. 3,953 Posts.
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    Yes Craig no one knows the future and these delays were unforeseen I guess when at the $4 level..

    This seems to be following the orphan stage of the Lassonde Curve with catalysts imminent of pilot plant production and phase 2 being executed with the nasdaq ipo and construction.. Maybe lower now than expected due to delays..

    Ideally yes if you bought at lets say $0.80 to $1.20 in 2019 to 2020 you sell and free carry at $3 or $4 giving you flexibility to invest elsewhere or re-invest back here later during the orphan period..

    Something to consider on any future investments elsewhere going from explorer to producer I guess..
 
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