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1.78% 86.0¢ renergen limited

I wonder if Stefano is visiting Sproule on his trip. The updated...

  1. SpiderMonkeyZ
    4,134 Posts.
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    30/07/21
    13:27
    Post #: 54905202
    I wonder if Stefano is visiting Sproule on his trip. The updated reserves report can't be too far away with only final drilling at R2D2 to finish off the drill campaign as of a few weeks ago.

    https://hotcopper.com.au/data/attachments/3416/3416134-cc0e1701ae4103e8da95cda7a36fc6d7.jpg

    The extract above from this MST report. As you can see what they based the $5 valuation on focused mainly on current proven reserves leaving huge upside potential from the prospective resources to increase the reserves by as much as factors of x30 to x50 for the helium and x10 to x15 for the natural gas.

    https://www.renergen.co.za/helium-resource-update-shows-renergens-huge-potential/


    https://hotcopper.com.au/data/attachments/3416/3416131-2cb50c9c048afd441baf68f07678b56c.jpg
    RLT Price at posting: $1.59 Sentiment: Buy Disclosure: Held
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