This result is a pre cursor to what could be a collaboration of RLT and the SA govt in getting the load shedding issues sorted
and beyond.
The SA govt have already indicated that green energy is not an option in the foreseeable future however they are committed
to a greener energy than coal.
Renergen, as being the only onshore licensed miner of LNG in South Africa is well positioned to provide the resource and it may
be that RLT is the only alternative that the SA Govt has.
The 1.1% helium concentrate is still well above what the standard commercial viability rate (o.5%) however the LNG is what
the country needs right now and the helium sales would be an added bonus.
The upcoming JORC report and drilling results and cryo vac could see the MC of this hidden gem finally get recognition
for what it is and where it is heading
This result is a pre cursor to what could be a collaboration of...
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Last
96.0¢ |
Change
-0.010(1.03%) |
Mkt cap ! $29.11M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.0¢ | 95.0¢ | $55.51K | 57.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5376 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.21pm 10/05/2024 (20 minute delay) ? |
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Last
95.0¢ |
Change
-0.010 ( 1.55 %) |
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| Open | High | Low | Volume | ||
| 96.5¢ | 96.5¢ | 95.0¢ | 9011 | ||
| Last updated 15.07pm 10/05/2024 ? | |||||
| RLT (ASX) Chart |