RLT 1.47% $1.01 renergen limited

RLT CHART, page-48

  1. 3,004 Posts.
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    A lot has changed in 12 months. More reserves = massive plant, massive construction =huge CAPEX.
    End result $$$$’s and dividends. My research alone combined with Carlos input suggest with CAPEX at 165USD. We will generate 650m alone on gas, helium PA Phase 11. Puts us at a SP of around 18.30 undiluted.
    At a SP of 2.10 it’s not far way from undervalued, yet reserves must be proven, so hence RLT are a speculative buy.
    33% weighted in my portfolio so call me a Ramper. I love a bargain when I see one.
 
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RLT (ASX) Chart
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