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A Good Summary, page-283

  1. 3,367 Posts.
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    Hi @Footmax glad to see you have a bit of sense of humour. I was quite placid until I got accused of down ramping then had RLT attacked in every response rather than answering some pretty fair questions.

    I meant no ill will by the posts. Sorry if they come across as aggressive. I agreed the P50 target is 3BCF valued at $840M. You'll note even when I discuss RLT I use the P90 figure to be conservative, so I wasn't giving BNL harsh treatment using that P90 figure earlier on.

    Was genuinely trying to understand what might be at play to explain how BNL has rallied 1000% on a P50 estimate of 3BCF, whilst RLT with a P50 estimate of 106BCF has done nothing. You are all correct in pointing out it's SP is woeful with zero demand, I agree. BNL would have been a much more profitable bet 3 months ago. I'm here to see what BNL do differently to RLT. Again it is a testament to the BNL management how they have promoted the stock and generated such demand.

    I'll leave it at that.
    Last edited by GoldBugBob: 16/10/20
 
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