RLT 3.43% 84.5¢ renergen limited

cannot believe we are still below $4 given todays...

  1. 1,024 Posts.
    lightbulb Created with Sketch. 410
    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.
 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.