RLT 2.44% 84.0¢ renergen limited

Knowing that the time frames have pushed out to 2026/2027 its...

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    Knowing that the time frames have pushed out to 2026/2027 its easy to understand why others have re-allocated funds but things could change very quickly with RLT including;
    • CEF purchase occurs
    • Phase 1 commences producing both LNG and LHe to name plate capacity
    • Phase 2 exploration wells are successful with high He % and good flow rates (commencing August)
    • Phase 2 pipelines and FEED commences to EPC
    • Additional LNG off take agreements.
    • NASDAQ listing and sufficient capital raised to satisfy DFC and Bank loan requirements
    Because of that I am willing to hold, despite the extended time frame. I also believe lessons learned by SM and NM in providing unrealistic timelines will ensure there is plenty of wriggle room for the 26/27 turn on.
 
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