cannot believe we are still below $4 given todays announcement..
RLT is clearly undervalued.
This investmtent today should create both a short term target in the vicinity of AUD $900 market cap, and also create some sort of floor price once the dust settles.
The next 4 months are super exciting, in no particular order:
1. Phase 1 go live - April 2022
2. Launch of Argonon Helium token - should fly in current environment. Tokens currently selling USD $275, spot prices reported approx USD $2500
3. Ivanhoe due diligence - if satisfied, more funding for Phase 2
4. Centra Energy Fund - investment decision due by 15th August (approx) - market cap valuation of approx AUD $900m
5. further funding to close off requirements for Phase 2 project - OPEC funding for International Development.
im sure there will be more catalysts between now and August..
still a strong buy at these levels.
New Funding announcement!!!!, page-21
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Last
84.5¢ |
Change
-0.030(3.43%) |
Mkt cap ! $25.62M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.0¢ | 84.5¢ | $37.82K | 43.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5952 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 948 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RLT (ASX) Chart |