RLE real energy corporation limited

Real Acquisition Target, page-45

  1. 3,192 Posts.
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    @Michaeljob Says...........
    Management here seem to have a very good handle on the register movements and I think todays announcement was likely a clear sign that the selling is done.

    IMO this presentation is in case funds are needed to hasten the development of the gas field.
    (as I have posted on the 'presentation' thread)

    a reminder........Management have advised the following ..

    'The Company is also pleased to report that discussions with a number of potential offtakers on supplying gas into the domestic market are ongoing and positive. Multiple gas sales agreements are likely as we begin the commercialisation of the Windorah Gas Project'

    No doubt they will all be wanting delivery to start today ,but all we can offer is ASAP.

    Got to admit that I did not see the Credit Suisse CR coming so possibly my take on
    future events should be taken with a grain of salt
 
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