RLT 2.00% 98.0¢ renergen limited

Sorry mate, I respectfully disagree.It pushed to $4 because...

  1. 762 Posts.
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    Sorry mate, I respectfully disagree.

    It pushed to $4 because that's what it was worth, if not more based on projections.
    We had Ivanhoe, a $multi billion company wanting in.
    Unfortunately, none of the timelines have been met and we are where we are.

    Management did their best to support the share price with fluff, but ultimately the market has seen through this.
    I just can't get over the pumping 24/7 statement only to be told we installed the valve backwards during commissioning.
    Are we commissioning or are we pumping around the clock - 3 shifts a day?? You would think that commissioning phase would have been well and truly completed in order to pump 24/7? You would pump 1 shift a day - all in order, then 2, ramping up to 3. Fkn BS! Then we had the cold box!

    Let's hope the cash jumps into the bank otherwise there will be a small penalty to pay compared to $44m we are expecting.

    The excuses are wearing very thin and our leader is very nervous. "Imminently, errr' imminently, ahh' imminently, yes imminently"


 
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