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RLT - Renergen Limited

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Guesses? Audi, BMW of Mercedes?

I'm sure punters would be happy with any of the above if that's who it is ?


Chart wise, the Traders seem to like the volatility. Technically Blue-Sky so looks positive in the medium term. (Holding a modest stake)


 
barney said:
Guesses? Audi, BMW or Mercedes? I'm sure punters would be happy with any of the above if that's who it is
Click to expand...
will likely find out; or a few more clues/ more deail

The trading halt is requested pending Renergen’s response to a request for further information by ASX regarding an announcement made by Stefano Marani yesterday (12 April 2021).
Click to expand...
 
Dona Ferentes said:
will likely find out; or a few more clues/ more detail
Click to expand...

I hope Stefano hasn't stepped outside his level of authority with his statement yesterday

I thought when I read;

a) we cant tell you who it is, followed by

b) It's a major German car Company

Might have been sailing a bit close to the wind.

We will find out in due course
 
I hold a couple of handfuls of RLT.

Last couple of days has seen an increase in Volume off a low volume base. Looks tidy to me.

 
Cap Raise (Don't ya love 'em! )

Cap Raise Ann


Thinking out loud:

20 day VWAP should be sitting at around $2

A 10% discount to that would bring the CR in at about $1.80 I'd be happy with that.

If they discount it more than that, it will be bit of a slap in the face to the regular Punters.


End of last Quarter they had over $10 million AUD in the coffers so that kind of indicates they are getting closer to doing something fair dinkum if they need more cash soon

I hope it's a big CR ($15 million plus) at around $1.80 (I reckon we would see Buyers get on board = SP rise)

If they raise a piddly amount (under $4 million) that will look unconvincing imo = ground hog day
 
RLT is one of my picks in the 2022 tipping comp.The low number of SOI as well as being very tightly held can lead to explosive jumps in the SP. The helium resource they have discovered is huge and concentrated. If things turn nasty with Russia soon a non-Russian source of helium could be crucial.
 
RLT is my pick for the May tipping comp. The Phase 1 plant is due to come online any day now. A successful commissioning should see a lot of punters come on board who have been waiting in the wings. With many of the major producers having incidents recently the price of helium has skyrocketed making it perfect timing for RLT to begin production.
 
I hope you are correct @Muchado as I still own a couple of handfuls of this little fella
 
RLT is my tip for the June tipping comp. The commissioning of their helium plant should be any day now. Critical shortages of helium have made the timing very fortuitous.
 
Given the current sell off, it would be fair to say RLT is looking very positive. (todays pre-open market +chart)

 
RLT is my pick for the June tipping comp. The commissioning of the gas plant is taking longer than expected but an announcement today said it is going well and is close to happening. Good things come to those who wait.
 
I am picking RLT for the August tipping comp. The gas plant has finalized all the testing and the taps are ready to be turned on. There should be a significant rerate upon a successful commissioning.
 
Yet again I am picking RLT for the tipping comp. Yet again I am still expecting the taps to be turned on any day now. Both LPG and helium prices should continue to ride. If they ever manage to get the taps on money will be flowing in.
 
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