RLT 0.00% 81.5¢ renergen limited

Stefano's Tweets, page-1415

  1. 4,248 Posts.
    lightbulb Created with Sketch. 958
    Yeah mate the current market cap is about AUD$420m.

    13.6bcf reserves of helium at average of US$590/mcf (35% at 850/mcf and 65% at 450/mcf) is US$8.024b

    407bcf of reserves of methane at US$20/mmbtu is US$8.14b

    Helium + Methane reserves total = US$16.164 billion

    So if the above reserves are accurate that's about AUD$23 in reserves value or about 55 times the current market cap of AUD$420m or the market cap about 1.8% of the inground reserves value? I guess that disparity will change over time especially once Phase 2 is in production in about 2025 in my opinion.


 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
(20min delay)
Last
81.5¢
Change
0.000(0.00%)
Mkt cap ! $24.71M
Open High Low Value Volume
82.5¢ 83.0¢ 81.5¢ $4.644K 5.615K

Buyers (Bids)

No. Vol. Price($)
1 1056 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 45916 1
View Market Depth
Last trade - 14.32pm 08/11/2024 (20 minute delay) ?
RLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.