RLE 0.00% 9.0¢ real energy corporation limited

Ann: Quarterly Report, page-2

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  1. 17,279 Posts.
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    Not a bad quarterly although nothing too surprising. Low cash burn with plenty of cash on hand is always a good sign...probably why they still have only 200 mill shares on issue. A couple of wells with promise, Tamarama progressing, nearby infrastructure......Honestly how the hell is this still an 11 mill dollar company. It could be right at home along side some other Aussie gas companies that are multiples of that.
 
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