If the plant is indeed ramping up not bad timing with the oil prices being relatively strong given Renergen pricing I believe is linked to oil prices given its sold I think at discounts to diesel and lpg.
The business case for phase one done years ago now with a 2019 US DFC loan when oil prices were at lower levels.
Also the Renergen annual report is indicating US16-22/mmbtu so higher prices than many other parts of the world I believe.
If the plant is indeed ramping up not bad timing with the oil...
Add RLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.20M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 95.0¢ | 93.0¢ | $3.968K | 4.222K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1621 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
93.0¢ |
Change
0.000 ( 1.06 %) |
||||
| Open | High | Low | Volume | ||
| 94.5¢ | 96.0¢ | 93.0¢ | 908 | ||
| Last updated 13.08pm 22/05/2024 ? | |||||
| RLT (ASX) Chart |