RLT 0.00% 76.0¢ renergen limited

Renergen General Discussion, page-2869

  1. 420 Posts.
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    The way i look at it is that these lessons are critical for Phase 2. I rather have all the problems happen in Phase 1 rather than Phase 2 which will eventuate to a massive loss.

    Phase 1 is almost a trial of what Phase 2 will be. In the long run, Helium production is invetible (yes delayed but inevitable) and will all be a bad dream over next 5 years. The good thing for SH is that share price is cheap and can actually build on it when Phase 2 comes online.

    One thing is for sure, when Helium production finally comes and the numbers start looking better the SP is not going to be where it is today.

    Just my thought - This is a long term stock, a lot of money is being poured into it. If US is willing to still commit to big $$ for this project, I am just happy to sit back and follow the money. (if the money dissapears i will sell out my holdings immediately).
 
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