REY rey resources limited
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  1. FiendishRedbeard
    9,111 Posts.
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    13/05/08
    13:15
    Post #: 3706342
    Summary of REY’s activities

    Drilling Liveringa Coal Project WA
    Thermal coal target possibly ~1Billion tonnes
    20,000 m this year to confirm JORC resources

    Chilian Copper Projects
    Divestment of projects

    Gujarat NRE Ltd
    Major shareholder and JV partner of oil and gas assets

    Share base
    137M FP
    32M Options
    5M Cash

    FD EV @30c ~ $45M

    Retest of resent high of 31c looks increasing likely this week IMO.

    DYOR
    REY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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