RLT 2.22% 88.0¢ renergen limited

RLT CHART, page-19

  1. 3,004 Posts.
    lightbulb Created with Sketch. 525
    Yeah it’s stalled from a bounce at your posting about 4-5%, on such shallow volumes. If you have a tip how can we pick these dips on the less than average volume? Near impossible imo.
    Well said, The SP action is very healthy indeed, there is NO sell off, it would be far too dangerous too short.
    The drills have doubled on-site, contractors and Renergen drillers.
    Reported via a site visit from an investor in SA, 180 contractors onsite assembling. Reported via our CEO Mr Marani we are down too electricals and pipeline connection. All helium SOLD. Majority LNG SOLD.
    This Phase1 I looks well ahead of schedule.

    Not months upon months or years to wait for Renergen to be the only LNG domestic producer to a country of circa 60m. Yet as Mr Marani quietly said during his recent interview at CNBC, ‘the caveat Phase1 Renergen is focused on diesel replacement’
    The demand is massive for LNG in SA. At this stage it appears highly likely our announced wells will flow more than previously stated. Then Renergen have been drilling and are quietly confident of hitting more.

    Are we then 3x 10x 20x on resources alone?

    Ignore the noise, risk is off the table.
    Excuse my post in the charts thread, so when I get home on the PC, I’ll throw up my take on the Point & Figure approach I prefer.
    Last edited by Manabouttown: 02/06/21
 
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Last
88.0¢
Change
-0.020(2.22%)
Mkt cap ! $26.68M
Open High Low Value Volume
88.0¢ 89.5¢ 88.0¢ $5.808K 6.552K

Buyers (Bids)

No. Vol. Price($)
2 1325 88.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.0¢ 4200 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
89.5¢
  Change
-0.020 ( 4.42 %)
Open High Low Volume
88.0¢ 89.5¢ 88.0¢ 426
Last updated 13.12pm 29/03/2024 ?
RLT (ASX) Chart
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