RLT 1.41% 72.0¢ renergen limited

I think a CR will be inevitable to fund stage 2 and beyond.But...

  1. 540 Posts.
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    I think a CR will be inevitable to fund stage 2 and beyond.

    But just look at the plants at Qatar and Russia.

    Gazprom which is primarily owned by the Russian govt is the biggest public listed natural gas Company in the world.
    MC of over 80 billion. They are predicting to be able to supply 30% of the world helium market in the future.

    Qatargas, who's helium is at less than 0.4% claim that they will supply 25% of the worlds helium demands. they are huge in LNG sales
    and are probably worth more than Gazprom.

    How much will RLT be worth in years to come?
    If the legacy drilling is successful then we could be up there with the above 2 heavy hitters.
    We are strategically better positioned globally for supply chain logistics and if our percentages are far more superior then so will our
    efficiencies and profit margins.
    Current MC of RLT - $258 million
    Do the math. and DYOR
    Not intended to be financial advice just trying to convey common sense.
    GLTA
 
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