The news is a little disappointing but not unexpected in this industry.
Because of the delay I guess any news will be late June or most probably July.
Interesting that they are having "Ongoing discussions for financing and offtake arrangements" which would assume they either want someone on board with them to take the gas (I thought that had already happened) or a capital raising is on the cards.
You would think this news is unlikely to stimulate the share price in the short term. Shares seem to be reasonably tightly held in the main but small buys and sells to can move the price erratically it would seem.
So we get to wait a little longer.....................the story still looks promising though.
RLE Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held
