I have bought a significant stake in RLT.
There was research produced by Eazy Equities which sums up this deal.RLT commissioned a research report by Michael Bentley, a Senior Research Analyst as MST.
- Market cap $153m
- PE 6x
- Phase 1 production 79,200 kg of He and 633,600 gigajoules (GJ) of liquid natural gas (LNG) per annum.
- Phase 1 revenue:$19M per annum
- Helium intersections of 12% He with an estimated grade of 3%, whereas the average for the rest of the world sits way below 1%.
- Pilot plant has been producing Compressed Natural Gas (CNG) as fuel for the Megabus fleet since
- Phase 1 plant in progress and the estimated for completion is July 2021.
- Offtake for 90% of the helium already in place.
- Partnerships for 600 trucks being lined up as we speak. Using LNG as fuel. These include Megabus, Logico Logistics, BHIT, and Total.
- LNG is a by-product in Renergen’s helium production process. In other words, the LNG pays the bills while the helium is the cream on top.
- Renergen is the only company with an onshore production right. Giving them a head-start to other producers of 5 to 10-years.
- Renergen will target the massive South African trucking fleet to supply it with LNG and there is already a demand.
If this returned 1,000% I would be underwhelmed. This is the type of stock I will hold for 10,000%.
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83.0¢ |
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Mkt cap ! $25.17M |
Open | High | Low | Value | Volume |
83.0¢ | 83.0¢ | 81.5¢ | $7.306K | 8.873K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 2030 | 81.5¢ |
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Price($) | Vol. | No. |
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83.0¢ | 4000 | 1 |
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No. | Vol. | Price($) |
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1 | 625 | 0.810 |
1 | 665 | 0.805 |
2 | 20889 | 0.800 |
1 | 230 | 0.790 |
Price($) | Vol. | No. |
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0.830 | 4000 | 1 |
0.850 | 18200 | 1 |
0.870 | 17545 | 1 |
0.875 | 25252 | 1 |
0.885 | 10000 | 1 |
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