RLT 0.69% 72.0¢ renergen limited

Ann: Quarterly Activities Report, page-8

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    KEY TAKES

    • Results of the validation are anticipated in the coming days; this is a process through independent experts. The Company advises shareholders we have
    no visibility on when the validation will be granted. At this point, the tender announcement date has not yet been made public.

    (DPD LASER also firm in contention to win the bid for vaccine transport, also other key companies at the ready to take delivery)
    • All ready looking like the largest helium resource in the world + grade %
    • Previous posts I've made on helium demand
    • Cash balance is firm to provide no raise again with the possibility of phase one paying for at least the majority of phase 2 costs.

    This would have to be 1 billion market cap by commencement of phase 1 at a minimum.
    Any news on a covid vaccine bid would be worth 1 billion MC by itself.
    Then these will just multiply exponentially within only a 6-12 month course $30 SP well achievable by Q1 2022 imo with the right plays.
    Best stock on the ASX right now imo.
 
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