RLT 0.00% 86.5¢ renergen limited

Ann: Quarterly Activities Report, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,194 Posts.
    lightbulb Created with Sketch. 331
    looks like they are really struggling with the drilling - will be ditching the current contractors and trying a new approach.
    They should have AT LEAST finished one of the wells, but no update means they're well (pun intended) behind - Q1 Fy21 for results now.
    That's a 3-5 month blowout for 1 hole. (the 2nd hole was a bandaid solution that looks to have backfired)

    https://hotcopper.com.au/data/attachments/2769/2769776-ee99e681cc01126d6ee40943cd3fb3a2.jpg
    No changes to the Gas project build.
    No further updates to whats previously been announced.

    Just had a quick look at the milestone tracker and noticed that "cryo-vacc" has its own spot on their website. Pretty cool.
    They really need to push this while they can or they'l miss their opportunity.
    They have a "contact the CEO directly" form at the bottom of the page, so its still just an "idea": No partnerships, production builds etc yet

    https://hotcopper.com.au/data/attachments/2769/2769789-50ad2608525e897122115bc935ebb017.jpg
 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.