There's a tsunami coming alright but it's coming in the form of new money/buyers.
Biggest stimulus in history all but a done deal. $1.9 trillion thanks to Mr Biden
Even if markets have a few more sell offs while the new cash enters RLT holders/buyers have to understand that helium is a bespoke market and not at the mercy of day to day spot price fluctuations.
Due to the quality of resource RLT will command a premium. So dumping stock cause other resources seem to be dropping will be nothing short of stupid IMO.
Add to that RLT has exposure to a sector that is about as hot as you can get right now - vaccines.
If news on the vaccine front is dropped soon I believe it will be the start of a substantial rerate. From there we should march on toward a massive rerate when PFS is dropped around end of May.
Even if they hit a fraction of their potential numbers I believe we will see multiple bags from the current anemic sp.
Stefano himself has been quoted saying RLT is currently trading under True Value by about 6 X!!! (and that's before cryo-vac news or a resource upgrade - so do the math on where the sp will be after that is released!)
Plenty of upside on this one in the coming months/years...
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