100% Upvoted. 28/01/21. 0. 100% Upvoted . This price makes sense given the deal was struck in 2016 and Helium prices have shot up significantly since then and isn't necessarily a poor reflection on management as the deal guarantees them a revenue stream to fund the expansion, however in hindsight it is a low price. Tuesday at 11:03 AM #63 barney. EPS. Sort by. Worth a fish somewhere around 1.05 . Be the first to share what you think! WINNERS Finishing on top was new listee Pentanet (ASX:5GG) which finished up 136 per cent from its IPO […] Home. There was a Renergen LTD listed in the UK, it was property development company that went bust in 2016. Aside from confirming my arbitrary guess that they'd want to increase production within around 3 years, this essentially guarantees Renergen will almost certainly need to do a capital raise at some point in the next 12-24 months meaning a dilution is very likely. ... RENERGEN LIMITED ASX. Congratulations to tech/a, Purple XS2 and Dona Ferentes for taking out the top three spots in the March 2021 stock tipping competition! Renergen CDI (ASX: RLT) Shares have risen this morning after the company announced two releases this morning.First, the producers of helium and LNG Statement of accounts this morning. Still see this being a easy 50-60% gap up form where I got in at after the next ann, super tightly held registry makes it susceptible to manipulation, yes. It turns out that surges in silver stock prices and volumes on Friday at the ASX was just a curtain-raiser for Monday’s action. Here's the link for anyone that wants a read. a colleague of mine talked about Renergen. Reply. View company profile . no comments yet. Renergen (RLT), has announced drilling of the horizontal well has intersected gas charged sandstones and fractures; The natural gas producer is exploring the Virginia Gas Project in South … We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Ideas Financials Technicals . The 1C figure is only 7.95Bcf which means they have assumed RLT will find 1.98Bcf. Do they have shares? The biggest cost to consider though is the cost of the processing facility Renergen will need to build. Reactions: barney and Miner. ☰ Equities Charts.com. Lawler goes over all the specifics to Psyonix's official announcement of RLCSX. A list of US based natural gas wells' helium concentration shows a rough breakdown of Helium concentration in your average well1. WINNERS Finishing on top was new listee Pentanet (ASX:5GG) which finished up 136 per cent from its IPO […] O.o. I’m not sure if they’ve refinanced since then but they were in a spot of trouble with their loan. Data is taken at the market close – at 4.10pm AEDT. The group on Reddit, named Wall Street Bets, believed that these major hedge funds were holding over-exposed positions on this stock and hence, wanted to sell. In at $1.11 last year, great analysis and welcome to the team, Cheers for the solid D. I'd been looking at RLT over the weekend as well after seeing it mentioned a few times, Did this sub just push the stock up by 11%? Why is the Renergen share price shooting higher? I would also like to reiterate I've only been looking at this for 2 days and so the methodology of my analysis may be completely wrong or inapplicable for a LNG/He company as I've never tried to value a company of this nature before so. The All Ordinaries Index (ASX: XAO), meanwhile, is heading the other way, down 0.8% at time of writing. RouletteToken (RLT) fundamentals, including website, explorer, announcement, algorithm, mining rewards, and supply. Reactions: barney. These guys are well into a large drilling campaign and the ASX keeps putting up the Anns as non price sensitive so its still under the radar of a lot of people. 0. The first comes from a US geological survey3 which gives the price of Grade-A helium at $210 per thousand cubic feet. Jessica De Freitas Markets Reporter [email protected] 18 December 2019 14:00 . 0. RLT Depositary Receipt Chart . An Australian big data play: Reddit due diligence on Next DC (ASX: NXT) including thoughts on current management, the numbers, and risks. According to the August update they attend to begin operations producing 350Kg per day, which would require a facility costing ~3 million dollars, something that they can easily fund currently. The first step is figuring out exactly how much that helium is worth. I used a discount rate of 15% as this project has a significant amount of risk attached to it and assumed annual free cash flows of $112,000,000 USD as discussed above. The Renergen Limited (ASX: RLT) share price is on a tear today, up 24.58% at $1.50 in early afternoon trading. In summary I believe I have been fairly conservative in most (although admittedly not all) of my estimates and have arrived at a potential value of Renergen more than 3x its current value, the potential upside here is very significant and could be significantly higher if you account for the potential He price increase from growing demand and diminishing supply (as the US runs down their reserves). Since helium isn't traded on any exchange it is very difficult to find pricing data on it however some information has been published regarding the prices of BLM helium (the US government reserves which they've been running down) of which have 2 main sources. The emerging helium and natural gas company’s share price […] Given the low sale price however, this provides management with extra incentive to speed up the expansion to sell the excess at higher market prices (which is allowed in the agreement). This … View today’s RLT share price, options, bonds, hybrids and warrants. Boys and girls, there’s been a lack of RLT discussion and awareness. So, these funds were forced into a situation where either they had to continue buying shares at higher prices to cover their positions or sell them to incur potential billions in losses. P/E. ASX100 Highest Market Cap Low PE 100 High Yield 100 Small Cap Tech Companies with Popular Apps Companies … Renergen has entered into an offtake agreement with Linde at a price of $200/mcf, adjusted based on CPI (page 232 of the prospectus). Profile; Follow; WolfonWallst. I think people don’t understand what RLT are doing. Given the high helium content it would take ~40 years to exhaust the helium reserves (assuming the low estimate of 32B standard cubic feet). Market: ASX Market Cap: $196.1 m Follow. Renergen CDI (ASX: RLT) Stocks are burning today. The second is to raise more capital to ramp up production sooner (I believe this option is more likely). A valuation of Renewable energy producer Renergen (ASX: RLT) - Arrives at a value of $390m vs. current market cap of $125m and enterprise value of $149m. Can I suggest a look into the management? Create your account: sign up … share. This leaves a $180 profit margin per thousand standard cubic feet. Today’s RLT share price, stock chart and announcements. Div Yield. Raising ~$50,000,000 to increase the capacity to 2500Kg/day by the end of 2022 would ensure there is sufficient capital to reach maximum capacity (10,000kg/day) by the end of 2024. A paper from March 2020 suggests a cost of $4-$8 per Kg of liquid hydrogen, if we assume a similar cost of $8 per Kg for liquid helium that equates to about $40 per thousand cubic feet. Good write-up. report. Joined Jan 13, 2010 Posts 61 Reactions 57. Hopefully I don’t get professionally reprimanded for this.. 0. Share. Log in or sign up to leave a comment Log In Sign Up. ASX Indices . I did a pretty shitty DD on RLT last year. My guess would be that if possible they will wait to demonstrate production and revenue before going back to raise more cash for expansion. ASX:RLT. Renergen operates natural gas wells in South Africa and their Virginia Gas Project turn out to have a VERY high Helium concentration. best. Press question mark to learn the rest of the keyboard shortcuts. Trying to Balance out our lost … Looking real good for next week I’d say . HotCopper has news, discussion, prices and market data on RENT.COM.AU LIMITED. They were not a client. 03/05/2021 19:55:57 1-888-992-3836 Free Membership Login Monitor Renergen (ASX:RLT) strikes gas with 12pc helium Energy. I agree with your view on their plans. 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 ). You have gone into a bit more depth. RouletteToken (RLT) fundamentals, including website, explorer, announcement, algorithm, mining rewards, and supply. Ideas. Went deep, real deep. I decided to value this as a deferred annuity for 40 years as that's fairly easy to calculate and as I said initially, I haven't been looking at Renergen for long and don't have enough info to do anything more detailed (yet). share. Press J to jump to the feed. Reply. Created with Sketch. 11/05/2021 13:36:42 1-888-992-3836 Free Membership Login Monitor For those that aren't aware pretty much all of the Helium we use is is isolated from natural gas, most wells have helium in concentrations of between 0.3%-0.5% with a few lucky ones having higher concentrations. Stocks highlighted in yellow rose after making announcements. Watch for the 250 share parcels that sell the price down. RouletteToken (RLT) fundamentals, including website, explorer, announcement, algorithm, mining rewards, and supply. Furthermore, given the lower than expected revenue in the first few years the amount of capital being raised will be larger than initially calculated. report. Market Cap. The All Ordinaries Index (ASX: XAO), meanwhile, is heading the other way, down 0.8% at time of writing. Real Life Trading is a refreshing and mentally delicious company that is changing the industry standard on stock market trading and education! Performance is calculated as performance from day posted on Reddit to today’s date (29/4/21) Number of upvotes vs. stock performance. The company’s main … Considering I wrote and 'researched' my post in the space of an hour, this analysis is probably more reliable. I don't have time to take a detailed look into that now but I might look into it later in the week if I get a chance and update this post again (or I might not, we'll see, if someone else wants to do it for me and leave it in the comments that'd be great :P). Stable Share Price: RRL is not significantly more volatile than the rest of Australian stocks over the past 3 … The valuation however doesn't change by much and there is still significant upside potential. RLT results out. Might make some coward gains around an announcement but not sure I would long-hold. Renergen (ASX:RLT) discovers gas composition with 12% helium 19 Dec 2019 - Renergen Limited (ASX:RLT) CEO Stefano Marani reveals the company's discovery of a … At least one post a day on ASX Bets is devoted to the buy now, pay later (BNPL) provider. View Entire Discussion (0 Comments) More posts from the ASX_Bets community. Moderators remove posts from feeds for a variety of reasons, including keeping communities safe, civil, and true to their purpose. View the unique metrics and charts for Renergen Limited (RLT:ASX), to get a drastically different perspective than announcements or financial research. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. An Australian equivalent to /r/Wallstreetbets , the madness starts here. As such under the two possible scenarios I arrive at values of $377,000,000 USD (490,000,000 AUD at an exchange rate of 1.3AUD/USD) in the case of self funding the expansion, and a value of $500,000,000 USD in the case where more capital is issued and shares are diluted, resulting in the value of the existing capital being $333,000,000USD ($432,000,000 AUD). ASX:RLT MCAP $264.2M. That being said I had planned to write this before that post was made and I'm sticking to it. At close of trade Monday, shares in the company were swapping hands at $8.90. 0 comments. The company in question is Renergen (RLT) which after seeing some discussion about it in the daily thread on Friday decided to take a look into (that's right, I've literally done 2 days of research so take everything I say with a grain of salt). ASX - By Stock; RLT; Reddit - Squeezing short sellers; RLT. 9.50% $2.42 renergen limited. Ancient-ish history now. (80% of 24,000mcf p.a. How has Regis Resources's share price performed over time and what events caused price changes? These guys are well into a large drilling campaign and the ASX keeps putting up the Anns as non price sensitive so its still under the radar of a lot of people. hide . Thus after extraction costs the net proceeds will be~$220 per thousand cubic feet. Press J to jump to the feed. Autistic inspector of Deputy PM. Videos only. Basically Noah, but with better Shitposts. The announcement acknowledges the expected reduction in losses per share for the current fiscal year. Stocks highlighted in yellow rose after making announcements. Edit: After doing a bit more digging I finally opened up the prospectus from when Renergen listed on the ASX (May 2019) which is probably where I should have started but I'm too lazy to read 300 pages. Join the HotCopper ASX share market forum today for free. Post #: 50498572. Second, the company also publishes quarterly activities, Cash flow report.. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Regarding management, the last Annual report showed that two of the directors own about 7.5% of outstanding shares each. Not much activity on the RLT threads for a while. View dividend history, insider trades and ASX analyst consensus. But even if RLT goes to the moon from here, I ... this disclosure hasn't hindered RLT on the ASX ... up 5% . Apr 12, 2021 #60 Dona Ferentes Cacoëthes blogendi. An Australian equivalent to /r/Wallstreetbets , the madness starts here. Price significantly down Mon / Tue this week. 16 times larger than the assumed find. Feb 20, 2021 #23 Swervin Mervin. At the time of writing, the Renergen share price is trading at $2.62, up by 71%. When you meet another Z1P investor irl. DYOR and good luck! I think the weakest part of both of our analyses may be factoring in sale of the natural gas that the helium comes in. The Renergen Limited (ASX: RLT) share price is on a tear today, up 24.58% at $1.50 in early afternoon trading. At this price the 90% confident estimate (Sourced from the Sproule resource evaluation in July 20205) of Renergen's helium reserves would be valued at ~$9.1B USD. 1 day Bloomberg Australia: Reddit and Weep Bloomberg 1 day Renergen (ASX:RLT) share price explodes 71% today // The Motley Fool Australia – The Motley Fool Australia The Motley Fool 1 day Brokers name 3 ASX shares to buy right now 29 January 2021 – … Renergen (ASX:RLT) share price explodes 71% today Renergen CDI (ASX: RLT) shares are on fire today. 11:14. Press question mark to learn the rest of the keyboard shortcuts. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. Here's the link for anyone that wants a read. 4. However it also allows it to run at greatest lengths once it does start to run. View today’s RLT share price, options, bonds, hybrids and warrants. From there there are 2 possible paths they could take. Also I'm just a random guy on the internet making a bunch of random speculations that may turn out to be completely wrong. Sort by. Watch for the 250 share parcels that sell the price down. The first is to use the profits from the operation to reinvest in the processing facility and build up capacity over time, assuming 75% of the helium income goes to the facility (with the remaining 25% going towards other overhead costs), doing so would take approximately 5 years to reach full capacity. Share Does anyone on here use Reddit? When the file closed he said that he never wanted to see the word Renergen again and was surprised to see it continue operating. Reddit groups have been squeezing out the short sellers on stocks which we could do for RLT also Expand Renergen would be the perfect candidate for … Div Yield. I hold RLT. Using the average of $1000, if Renergen were to process 10 tons of helium per day that would be 3650 tons per annum, that would require ~110,000 tons of gas (assuming a 3.4% concentration of helium) putting the cost of the facility at around $110,000,000. Shaun Quin, CEO of RLT Atwood Will Join the FAVO Group, LLC as President. Given the fact that these figures are somewhat dated and there has been a supply deficit recently there is a chance that the these figures may be understated, that being said I will use the higher $280 price in my analysis to try be conservative whilst still accounting for this fact. View live RLT depositary receipt chart, financials, and market news. Upcoming Earnings. There was also a thread yesterday in which u/ASisko provided some great analysis so I recommend you all go read that I'm going try structure my analysis in a fairly similar manner to his. Renergen's well has an average concentration of 3.4% with some parts having concentrations up to 12%2. This report mentions the BLM price at the August 2018 auction for Grade-A helium was $280 per thousand cubic feet. FYI this could be a different Renergen. Don’t often see people have a crack at the most important part of DD: the forecasts! I work in law, restructuring and insolvency in particular. Reddit - Squeezing short sellers. Joined Aug 17, 2006 Posts 4,856 Reactions 3,610. Whilst I couldn't find anything regarding transport costs for liquid helium, following in u/Asisko's footsteps I looked at the cost of liquid transporting liquid hydrogen as they require fairly similar extreme low temperatures.
Mgl 266 120f, New York Times Scholarship 2021 Deadline, Honda Rs 125 Fi Mags, Rainy Season Game, Voluntary Discharge From Nursing Home, Bright In Autumn, Guam Intermediate License,