End of the day they have a P90 chance of 32Bcf. In ground value US$8.9Bn.
When you get to the P50 and P10 estimates it gets astronomically high.
They already have the LNG plant and customers bidding at auction. They have tested helium readings up to 12% on the tenement and lit flares from the underground gas.
It's a matter of time. 1 month delay.
I would have welcomed a sell off under $1 to buy another parcel but it didn't happen.
RLT Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
