For us the real question is if RRE has an escape clause. That would mean we don't actually have 28M$ in the bank. We also need to know if RRE make the FID decision, which I believe they do. That is somewhat a conflict that a private company decide on behalf of a listed company if so.
Why would RRE not speed things up to get maximum relief before the election? Perhaps a dose of cold feet? Trying to change the minds of politicians is a lost cause. At least before the election. Maybe a chance after.
Ann: UK Southern Gas Basin - Operational Update, page-4
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Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $43.52K | 6.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 33 | 16551668 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 508182 | 2 |
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| Last trade - 15.43pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 1585260 | ||
| Last updated 15.18pm 03/05/2024 ? | |||||
| HHR (ASX) Chart |