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Had a sneak peek at $2 a few minutes ago. could be a party at Merv's place tonight, lol
Goodonya guys yes its looking a lot more positive now that the Cryovac news is out. Hopefully it settles around the $1.50 mark until we get some drilling news
Good one mate yes this is starting to look very nice. I won’t count my chickens just yet but I can’t see it revisiting $1.35 again. I think the reuters publication on the Cryovacc has got this thing into gear. I think this is the start of a big few weeks for RLT!Had a sneak peek at $2 a few minutes ago. could be a party at Merv's place tonight, lol
Nice mate I have heard Stef only say that the units aren’t cheap in one interview. If it gets taken up in the biologics industry in general the margins will add up thats for sure. To say I’m a little bit excited is an understatement.Yeah thanks for that @Swervin Mervin
Just thinking aloud on this Merv, but has the Company given any indication of what the Covid Vaccine "carry cases" might be worth to their bottom line.?
I threw some pretty loose figures together and came up with some pretty amazing numbersHumor me for a second, lol.
The World has about 7 billion people
Lets assume the Renergen carry cases are required to carry vaccine to 1 billion of the population (places where mass vaccination is not feasible) .... so about 15% of the "market" uses RLT equipment. (conservative I think)
Each carry case holds 100 vials of vaccine (minimum) and weighs around 20KG (need to transportable)
We are talking mass production so costs need to be "sensible" for the market to afford.
Lets assume the Company makes a $100 net profit per carry case to mass produce (conservative)
1 billion people divided by 100 (vials per carry case) = 10 million cases required.
At $100 profit per case, that makes $1 Billion profit before tax to RLT Thats not chump change!
Lets go totally conservative and cut everything in half:
Only 500 million people use RLT carry cases (5 million) at just $50 profit per case to the Co still = $250 million
Lets go the other way and be less conservative:
1 billion people at $150 profit per case = $1.5 Billion profit
2 billion people at $150 = $3 Billion profit (I'm not sure these numbers are out of the question??)
So even at super conservative numbers, I can see the Company easily making $250 million in a very short time frame, and maybe a heck of a lot more!
Worst case scenario, they only mass produce 1 million carry cases at $50 profit ... Still = $50 million profit
The deals they announce over the next couple of weeks could be huge news. I'm tempted to buy a few more
NB To anyone reading the above, I am just mumbling to myself so please check the numbers and throw plenty of salt on the sandwich!!
The Renergen Cryo Vacc concept. Patent pending.
Nice mate I have heard Stef only say that the units aren’t cheap in one interview. If it gets taken up in the biologics industry in general the margins will add up thats for sure. To say I’m a little bit excited is an understatement.
I appreciate your thinking mate. It does look pretty cheap at $1.64 considering what is going on at present though. I’m hoping for a nice volume push this week some time.Lol, I'm excited too Merv, and I only own 1% of what you own
I'm trying to imagine what the numbers might say if these "carry cases" net RLT $300 or $400 per unit!! (not out of the question given we are talking a Global problem)
The numbers get really scary if they get a reasonable "market share" at better than expected profit margins
ps I know my input means bugger all, but I will be trying to buy more anywhere under $1.70
I believe there is a Covid rollout happening . Developed world being self-interested, but we need global vax happeningValidation of the Cryo-VaccTM in anticipated deployment situations will commence shortly, but Renergen has already commenced discussions for the sale of units to logistics companies outside of the South African Development Community. Precise temperature control combined with a formidable hold time in transit, makes Cryo-VaccTM a compelling asset in the transport of biologics, especially in the developing world. With a useful temperature range of over 150ºC, Cryo-VaccTM is very versatile when compared to even standard refrigeration technology.
and .... Cryo-VaccTM is ideal for both air and ground transportation, utilising liquid nitrogen to transport by road and helium to transport by air. Aside from helium being only a fraction of the weight of nitrogen, significantly reducing its cost in airfreight, when used in Cryo-VaccTM helium can accommodate up to 12 times more vials per flight compared to other cryogens based on current flight safety regulations.
Fairly volatile little beggar this one.
Order I placed a few days ago got filled this morning so I've doubled up now.
No further news on the cryo vacc cases at this stage ... waiting game for now.
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So, was this all fluff on transporting vaccines? Hope you guys took some profits.
Domestic natural gas and helium producer Renergen is pleased to announce a significant gas strike in well P007 at the base of the Karoo sediments, at a depth of just over 400 metres.
the depth worries me. Is the caprock contiguous? Sometimes a gas hit at such a shallow depth can be high pressure but low volume.
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