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3.40%

71.0¢ renergen limited

Totally agree. In terms of Renergen pricing, based on then...

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PapGeld

56 Posts.

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08/05/23

18:02

Post #: 67663777
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Originally posted by SpiderMonkeyZ: ↑

A few potential catalysts going forward:

1. Phase One commissioning in the next few weeks so maybe this means a real ramp-up of production once complete

2. CEF Funding

3. DFC Funding for US$500m

4. Further US$250m debt funding from a bank

5. Final Investment Decision

6. Nasdaq listing to raise US$150m from a maximum of 67m new shares

7. Any cryo-vacc news would be an x-factor bonus given its potential could be as great as Phase 2 with 15,000 units in the field

8. Phase 2 construction getting underway targeting 2026-2027 production

To me Renergen is massively undervalued given about an AUD$200m marketcap today and billions of in-ground value with the helium and nat gas (methane). Once financing is sorted it's just a waiting game till Phase 2 is constructed and EBITDA of AUD$500m per year are projected with today still only about 145m shares on issue before any additional shares for Phase 2 funding ie the 67m shares max for the nasdaq ipo etc..

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Totally agree.

In terms of Renergen pricing, based on then current price to its peers, I always think about that graph supplied in the BlueGem report.

RLT Price at posting: $1.42 Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 71.0¢		Change -0.025(3.40%)		Mkt cap ! $21.53M

Open	High	Low	Value	Volume
74.5¢	74.5¢	70.0¢	$93.15K	129.6K

Buyers (Bids)

No.	Vol.	Price($)
1	663	70.0¢

Sellers (Offers)

Price($)	Vol.	No.
71.5¢	3000	1

View Market Depth

No.	Vol.	Price($)
1	663	0.700
1	5000	0.660
1	20000	0.650
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.715	3000	1
0.720	3334	2
0.755	8600	1
0.760	44759	4
0.770	2500	1

Last trade - 16.10pm 11/07/2024 (20 minute delay)

RLT (ASX) Chart