Does anyone know how long T1 flowed at 2.0 mscfd? The latest report states t1 flow rate is improving but what is its current rate - well short of 2.0 mscfd imo otherwise they would mention flow rate.
T2 & T3 each need to flow 2.5 mscfd consistently for EUR to stack up and 2.5 mscfd consistently for 3 months to bank 2P...
QLY REPORTS are released by RLE on the last day of the reporting period so next qly imo wont come out until 31/7 and if SP continues to drift expect a CR circa 15% discount to entice sophisticated investors to stump up circa $2.5m... all imho
Adl
RLE Price at posting:
9.4¢ Sentiment: Buy Disclosure: Not Held