RLT 0.00% 88.5¢ renergen limited

If the plant is indeed ramping up not bad timing with the oil...

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    If the plant is indeed ramping up not bad timing with the oil prices being relatively strong given Renergen pricing I believe is linked to oil prices given its sold I think at discounts to diesel and lpg.

    The business case for phase one done years ago now with a 2019 US DFC loan when oil prices were at lower levels.

    Also the Renergen annual report is indicating US16-22/mmbtu so higher prices than many other parts of the world I believe.



    https://hotcopper.com.au/data/attachments/6094/6094674-ab6d1143358b60ad3bcd793bb9b700c6.jpg
    https://hotcopper.com.au/data/attachments/6094/6094677-5fef833296d5ff6b9fcdaf4d190d5dbd.jpg
 
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