RLT 6.04% 79.0¢ renergen limited

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    Phase One theres a US40m loan from the US DFC.

    Hopefully Renergen gets the R1b or about AUD$80m investment from the CEF soon. That at a guess would giive a decent buffer in case of any further Phase One issues.

    Phase One lng production should ramp up also with the additional customer - Timelink. Then hopefully helium issues are sorted out in October and both helium and lng reach full capacity in Q4 2023 or maybe early 2024.

    Agree it looks better to US investors if Phase One is operating well but bear in mind its likely a major like Linde will step in to build the much larger Phase 2 plant along with Worley to oversee the project management side of things.

 
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