RLT 3.11% 83.0¢ renergen limited

Renergen will own the helium market

  1. 41 Posts.
    lightbulb Created with Sketch. 58
    I have bought a significant stake in RLT.

    There was research produced by Eazy Equities which sums up this deal.

    1. Market cap $153m
    2. PE 6x
    3. Phase 1 production 79,200 kg of He and 633,600 gigajoules (GJ) of liquid natural gas (LNG) per annum.
    4. Phase 1 revenue:$19M per annum
    5. Helium intersections of 12% He with an estimated grade of 3%, whereas the average for the rest of the world sits way below 1%.
    6. Pilot plant has been producing Compressed Natural Gas (CNG) as fuel for the Megabus fleet since
    7. Phase 1 plant in progress and the estimated for completion is July 2021.
    8. Offtake for 90% of the helium already in place.
    9. Partnerships for 600 trucks being lined up as we speak. Using LNG as fuel. These include Megabus, Logico Logistics, BHIT, and Total.
    10. 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.
    11. Renergen is the only company with an onshore production right. Giving them a head-start to other producers of 5 to 10-years.
    12. Renergen will target the massive South African trucking fleet to supply it with LNG and there is already a demand.
    RLT commissioned a research report by Michael Bentley, a Senior Research Analyst as MST.

    https://hotcopper.com.au/data/attachments/2818/2818772-3831f30fdaae144065df49f50ec08bf7.jpg

    https://hotcopper.com.au/data/attachments/2818/2818775-4268b51143ad89bf774117684edb78f7.jpg

    https://hotcopper.com.au/data/attachments/2818/2818786-a5458d25308fac12ac711db48507292f.jpg

    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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