save. View live RLT depositary receipt chart, financials, and market news. When the file closed he said that he never wanted to see the word Renergen again and was surprised to see it continue operating. Drunken VUL Prophet. 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). FYI this could be a different Renergen. 4. Considering I wrote and 'researched' my post in the space of an hour, this analysis is probably more reliable. Nice one. (80% of 24,000mcf p.a. 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. You have gone into a bit more depth. Like, irrational dumb Japies who weren’t doing a very good job running the company. best. Feb 20, 2021 #24 barney. Real Life Trading is a refreshing and mentally delicious company that is changing the industry standard on stock market trading and education! 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). Trade now Follow Following Unfollow. Renergen has announced its first helium sales agreement, with a global acting, tier-one automotive supplier, in the Company’s first “Direct-toCustomer” helium deal. RouletteToken (RLT) fundamentals, including website, explorer, announcement, algorithm, mining rewards, and supply. 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 – The Motley Fool Australia The Motley Fool DYOR and good luck! Watch for the 250 share parcels that sell the price down. Renergen (ASX:RLT) strikes gas with 12pc helium Energy. Hopefully I don’t get professionally reprimanded for this.. The second source is a February 19 report from Edison Research4. Something that i have noticed as a holder is that there is a bot at play capping the share price. … HotCopper has news, discussion, prices and market data on RENT.COM.AU LIMITED. Furthermore, given the lower than expected revenue in the first few years the amount of capital being raised will be larger than initially calculated. Price significantly down Mon / Tue this week. 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. Joined Jan 11, 2016 Posts 3,987 Reactions 4,090. (serious comment - thanks for posting /u/wastemorning :) it's great to hear the other side ). Renergen (ASX:RLT) share price explodes 71% today Renergen CDI (ASX: RLT) shares are on fire today. At the time of writing, the Renergen share price is trading at $2.62, up by 71%. The valuation however doesn't change by much and there is still significant upside potential. Joined Aug 17, 2006 Posts 4,856 Reactions 3,610. The Renergen Limited (ASX: RLT) share price is on a tear today, up 24.58% at $1.50 in early afternoon trading. 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. Market Cap. 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. Something that i have noticed as a holder is that there is a bot at play capping the share price. This leaves a $180 profit margin per thousand standard cubic feet. Join the HotCopper ASX share market forum today for free. I did a pretty shitty DD on RLT last year. But even if RLT goes to the moon from here, I ... this disclosure hasn't hindered RLT on the ASX ... up 5% . O.o. Iron Ore Crude Oil Gold Silver Copper All Commodities ≫ Popular Pages. Might make some coward gains around an announcement but not sure I would long-hold. EPS. Congratulations to tech/a, Purple XS2 and Dona Ferentes for taking out the top three spots in the March 2021 stock tipping competition! 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. As such I will assume the net extraction cost will be around $2 per Mbtu which is equivalent to $2 per thousand cubic feet of gas. From there there are 2 possible paths they could take. At the time of this writing, Renergen’s share price has risen 71% to trade at $ 2.62. Overview . The emerging helium and natural gas company’s share price […] On the bright side, this is only up to an annual volume of 19,200mcf p.a. ASX Indices . save. 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). Good write-up. I think this is the start of a big few weeks for RLT! ASX:RLT MCAP $264.2M. HotCopper has news, discussion, prices and market data on RENERGEN LIMITED. Given only Thailand exceeds an average $5 per Mbtu, I believe this is a sufficiently conservative estimate of the extraction cost. Reactions: barney. I did a pretty shitty DD on RLT last year. 0. A list of US based natural gas wells' helium concentration shows a rough breakdown of Helium concentration in your average well1. The main thing that this information changes is I now believe it is very unlikely that Renergen will rely solely on internally generated funds for its expansion as I think a capital raise will be necesary. The All Ordinaries Index (ASX: XAO), meanwhile, is heading the other way, down 0.8% at time of writing. 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. Can I suggest a look into the management? Wannabe hipster Jesus, but severely lacking in Quality. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. No ideas here yet. However it also allows it to run at greatest lengths once it does start to run. View dividend history, insider trades and ASX analyst consensus. An Australian equivalent to /r/Wallstreetbets , the madness starts here. Market Cap. Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Joined Jan 13, 2010 Posts 61 Reactions 57. This is VERY high, and VERY valuable, just how valuable? 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. a colleague of mine talked about Renergen. I've been lurking on this sub for a while and decided its time for me to contribute with a bit of DD. Reply. View today’s RLT share price, options, bonds, hybrids and warrants. Another thing to be wary of is the quality of management as u/WasteMorning pointed out in the comments. Add related topics to MyProactive. The company is investing in early stage projects across Africa and emerging markets. 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. Second, the company also publishes quarterly activities, Cash flow report.. Follow Following Unfollow Trade now . Stocks highlighted in yellow rose after making announcements. Currently a maximum of 15 wells being drilled worldwide, with concentrations less than the US. There doesn’t seem to be a meaningful correlation between number of Reddit post upvotes and stock returns . report. Reactions: Miner, barney and frugal.rock. Latest Share Price and Events. RLT results out. 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). RouletteToken (RLT) fundamentals, including website, explorer, announcement, algorithm, mining rewards, and supply. Worth a fish somewhere around 1.05 . Upcoming Earnings. This equates to approximately 246kg/day which is the majority of the helium output during phase 1 (before Renergen expands its plant), but will be fairly insignificant once production reaches capacity of 10,000kg/day. My guess would be that if possible they will wait to demonstrate production and revenue before going back to raise more cash for expansion. View today’s RLT share price, options, bonds, hybrids and warrants. ASX - By Stock; RLT; Reddit - Squeezing short sellers; RLT. Also I'm just a random guy on the internet making a bunch of random speculations that may turn out to be completely wrong. Reactions: barney and Miner. They were not a client. The biggest cost to consider though is the cost of the processing facility Renergen will need to build. Basically Noah, but with better Shitposts. 9.50% $2.42 renergen limited. Videos only. View today’s RLG share price, options, bonds, hybrids and warrants. Given the high helium content it would take ~40 years to exhaust the helium reserves (assuming the low estimate of 32B standard cubic feet). Don’t often see people have a crack at the most important part of DD: the forecasts! 100% Upvoted . Moving onto their production capacity, the aforementioned August report highlights Renergen's plan to extract >10,000kg of helium per day which equates to around 2,130,000 standard cubic feet per day. Apr 12, 2021 #60 Dona Ferentes Cacoëthes blogendi. Renergen is an alternative renewable energy business with a focus on helium and LNG. What are the odds of the SA government appropriating everything like farmland and giving it to people who don't know what they're doing? WINNERS Finishing on top was new listee Pentanet (ASX:5GG) which finished up 136 per cent from its IPO […] View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … 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. Hole in the ground and a liar standing next to it. Stable Share Price: RRL is not significantly more volatile than the rest of Australian stocks over the past 3 … Add … Date of posting vs. … Tuesday at 11:03 AM #63 barney. According to their most recent quarterly update Renergen has 181 million rand on hand, equivalent to about $12 million USD meaning they will likely require $100,000,000 to get to full capacity. report. 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. Log in or sign up to leave a comment Log In Sign Up. share. hide. Thus after extraction costs the net proceeds will be~$220 per thousand cubic feet. Trying to Balance out our lost … A few years ago (2016?) Reply. Sort by. I think people don’t understand what RLT are doing. ASX:EVN. The fourth-largest iron ore producer in the world: Equity mates podcast overview of … Created with Sketch. Posted by 2 days ago. 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. There was a Renergen LTD listed in the UK, it was property development company that went bust in 2016. I think people don’t understand what RLT are doing. Tools (Limited / Premium) Announcements Filter Company Comparison My Watchlist (Premium) Groups / Ideas . Since the agreement was reached in 2016 that would equate to a bit under a $220 sale price, substantially below my original $280 estimate. Data is taken at the market close – at 4.10pm AEDT. The 1C figure is only 7.95Bcf which means they have assumed RLT will find 1.98Bcf. At close of trade Monday, shares in the company were swapping hands at $8.90. Why is the Renergen share price shooting higher? How has Regis Resources's share price performed over time and what events caused price changes? Boys and girls, there’s been a lack of RLT discussion and awareness. ... RENERGEN LIMITED ASX. I agree with your view on their plans. Taking 20% off the top of this for overhead costs leaves a healthy $112 million USD profit per annum. This is some fairly basic analysis and there are countless factors it doesn't account for a few of which include (but are not limited to): Lower than expected helium content/concentration, Inaccuracies in my estimates/calculations. Prolly some of you taking the bags to the bank? 0. Ancient-ish history now. I think the weakest part of both of our analyses may be factoring in sale of the natural gas that the helium comes in. Crunching the numbers again with the lower helium price for the first few years doesn't actually change much however (as shown below), since I'm assuming a gradual increase in prduction capacity, with the additional Helium being sold at the higher, current market levels of $280. 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. Trying to Balance out our lost super one bunnings sausage at a time. An Australian big data play: Reddit due diligence on Next DC (ASX: NXT) including thoughts on current management, the numbers, and risks. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Div Yield. ☰ Equities Charts.com. P/E. 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. View Entire Discussion (0 Comments) More posts from the ASX_Bets community. Ideas Financials Technicals . Do you want a reliable way to buy and sell cheap rocket league? 66.4k members in the ASX_Bets community. Went deep, real deep. At least one post a day on ASX Bets is devoted to the buy now, pay later (BNPL) provider. When you meet another Z1P investor irl. RLT's 1U P90 prediction is 32.54Bcf. Jessica De Freitas Markets Reporter [email protected] 18 December 2019 14:00 . View company profile . You have gone into a bit more depth. 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 … 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. Whilst I couldn't find any information on LNG extraction costs in SA (because I'm pretty sure Renergen is the first although I could be wrong about that), I found a source listing production costs for Asia6. 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 – … Will definitely look into it when I have the time, as I said in the post this was a weekend's analysis so I know I've definitely missed a lot (about to update the post with some of what I missed). An Australian equivalent to /r/Wallstreetbets , the madness starts here. or 2,000 per month). Share. no comments yet. That would give … Stocks highlighted in yellow rose after making announcements. Some weird sells happening whenever it starts to rocket though. However....Apparently the management were FUCKED to deal with. 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 ). Upcoming Earnings. View the unique metrics and charts for Renergen Limited (RLT:ASX), to get a drastically different perspective than announcements or financial research. 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. Not much activity on the RLT threads for a while. tech/a finished in first place with an outstanding 80.33% return with RNU!In second place was Purple XS2, who achieved an impressive 72.15% with his pick AVR.Rounding out the top three for March was Dona Ferentes who selected RLT, which returned an … 2,130,000 cubic feet per day equates to ~777 million cubic feet per year for an annual profit of $140 million USD. As you can see Renergen will likely need to raise $6 million more than I initially calculated, however given how conservative I was with the effect of a dilution I don't think it is necessary to adjust my calculations for such a small change, however if I lowered the estimate of existing shareholders stake after a dilution to 60% (from my original 66.67%) to account for this, I arrive at a value of about $390 million AUD. ASX100 Highest Market Cap Low PE 100 High Yield 100 Small Cap Tech Companies with Popular Apps Companies … I've attempted to include sources for my data/information where possible but it may still be inaccurate, if anyone has more accurate data or disagrees with my analysis feel free to let me know. Reddit - Squeezing short sellers. 06/04/2021 14:49:10 1-888-992-3836 Free Membership Login Monitor 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 … Anyway there are a couple of important things in there, firstly Helium price. The next cost to consider is shipping costs. Share Does anyone on here use Reddit? 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). This … 28/01/21. Home. I see new buy-in opportunity... What about you? Share Price & News. This brings me to the second finding of the prospectus, the phase 2 expansion is expected to "be undertaken over 3-4 years" (page 32 of the prospectus). Why is the Renergen share price shooting higher? The Renergen Limited (ASX: RLT) share price is on a tear today, up 24.58% at $1.50 in early afternoon trading. Renergen has entered into an offtake agreement with Linde at a price of $200/mcf, adjusted based on CPI (page 232 of the prospectus). FAVO Group, LLC is the External Manager of FAVO Realty Inc. GARDEN CITY, NY / ACCESSWIRE / May 7, 2019 / FAVO REALTY, INC (OTC PINK: “FAVO”), a real estate investment company, is pleased to announce today that they have entered into a definite agreement (the “Agreement”) to acquire RLT Atwood …