RLT 0.52% 96.0¢ renergen limited

Hey @hkhf one of the main goals in terms of funding in my mind...

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    Hey @hkhf one of the main goals in terms of funding in my mind is getting Phase 2 operational with limited dilution along the way where possible.

    Phase 1 has the US$40m US OPIC/DFC loan which was great in limiting dilution considering a share price of like 80c back in 2019 and Renergen being basically pre-revenue considering the CNG project was minute in scale.

    So Renergen has done well limiting dilution in the past with still only about 130m shares on issue today and hopefully they get through to Phase 2 again limiting dilution.

    From Phase 2 with those large revenue projections of AUD$600m + per year further plant expansions could be done from cash generated from Phase 2

 
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