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9.0¢ real energy corporation limited

Management are heavily invested so share price must be a high...

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andy bee

2,404 Posts.

131

04/06/19

11:59

Post #: 38897118
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Originally posted by Kipper01: ↑

Just re-listened to the telephone conference. SB's stating his confidence on several occasions I think gives a believable indication of a genuine expectation RLE will be producing gas. Does to my ears, anyhow.

With 95% of the resource to be further explored and improved techniques to be employed along the way, 20 odd mil$ MC is one mighty low starting price if they can bag any reserves from T1,2,and 3, thus far. GLL's current MC is $170mil - in the middle of nowhere, with nothing but water and high hopes …. (!)

..... Not the first time it's been said, but RLE absolutely has to be a sleeping giant in dwarf's clothing!!

Kip

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Management are heavily invested so share price must be a high priority imo

RLE Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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