RNE 0.00% 0.3¢ renu energy limited

The company has the below projects locked in. And has signed a...

  1. 1,219 Posts.
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    The company has the below projects locked in. And has signed a non binding agreement with another piggery. It also hopes to convert 2-3 more projects over the next two years. They had hoped to earn 15% p.a. return on the projects once operating, but costs are higher so I would expect the projects to generate just over 10% return.
    Im guessing the below projects will cost close to $15-$20M to get operational (by June 30 next year?), and another $15 - $20 M could be spend on next projects in two years.
    Clean energy fund should finance these projects. Im hoping the investment turns a property development type one which generates + 10% returns on money spent, but higher returns made because money made on loans.

    These guys better keep costs under control though. Will be watching closely. Especially when cash drops below market cap.

    Could this co be a takeover target? Why doesn't the new $3B energy fund QIC and AGL are partnering in just clean this one up? A cheap start to help them along in achieving their renewable energy targets,

    Screen Shot 2016-08-02 at 4.28.27 pm.png
 
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Last trade - 16.12pm 30/08/2024 (20 minute delay) ?
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