RIA
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0.00% 3.3¢ rialto energy limited

issue and spp, page-7

  1. ronstieb
    9,037 Posts.
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    27/01/12
    16:23
    Post #: 9605889
    Became a holder today

    I'm targeting a sp of 40c in the leadup to first drilling results.

    Fully diluted, backins, ops exercised etc, I reckon 75c sp if they successfully convert the targeted 2C resource to 2P reserves.

    If they also convert the targeted Mean Prospective Resource (Condor, Chouette) to 2C resources, then $1.00/sh.

    RIA Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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