heck take a look at KAR.
market cap is 1.4 billion.
One well drilled struck a large gas column, not tested so nothing guaranteed yet.
Well two was a duster.
nothing concrete yet market is placing a price tag of 1.4 billion..
Its all about perception in this market.
Rey is being valued at virtually nothing for its Thermal coal resource and Mammoth exploration upside.
The market will cotton on one day.
Enough from me till the market recognizes some value here.
regards
why is rey unloved, page-3
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