RLT 0.60% 83.5¢ renergen limited

RENERGEN ROAD TO REVENUE, page-91

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    RLT will bring online (and start production) its phase one plant in under 3 months.

    RLT will then start to generate revenue

    RLT is a Junior Miner with a market cap of under $220 million AUD

    RLT has a share register not in the billions in total but a meagre 122 million shares (roughly)

    Many if not most or all Junior Miners listed on the ASX would have diluted their share register many times over thru capital raises and would have
    an SP well North of $500 million AUD to be at the same level of achievement, milestones and progress to that of RLT.
    This is without taking into account that RLT has already in place off take agreements with major Companies that will procure all of the helium
    extracted from phase one plant and also a large portion of LNG at a price 9 times that of the current Global average selling price.
    (See Carlo's post earlier)

    The general consensus of the greater portion of retail investors is to buy and hold "indefinitely" as the fundamentals of this Company are staggering.
    The "shares on offer" are in relative terms "as scarce as hens teeth" and as such the stock does suffer from liquidity, however, as RLT continues
    to deliver its milestones on time and is soon to generate revenue, the fundamentals will undoubtedly see the SP trend northward and rapidly
    as even more shares are taken from the trading table and held long term by shrewd investors.

    The time to secure this gem at such a low SP will very soon come to an end.

    Not to be intended to be financial advice. DYOR

 
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Last
83.5¢
Change
-0.005(0.60%)
Mkt cap ! $25.32M
Open High Low Value Volume
82.5¢ 83.5¢ 82.5¢ $21.73K 26.33K

Buyers (Bids)

No. Vol. Price($)
1 1000 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
84.0¢ 400 1
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