Quite compelling at a glance however they will need to prove consistent flows from pilot production of 0.5mmcfd minimum to be worth a second look. The development capital is expected to be around $7/GJ from memory which leaves little margin and there is currently no infrastructure to get the gas to market. Likely be several years away from gaining too much of my attention.
RLE Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
