REY
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1.96% 5.0¢ rey resources limited

Ann: Quarterly Activities and Cashflow Report-REY.AX, page-2

  1. speculator101
    11,716 Posts.
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    31/10/16
    22:20
    Post #: 20267018
    Now this is interesting. The Derby block work program was extended, meaning that REY will now have to drill 2, yes 2 wells in CY17. How they hell are they going to fund 2 wells, especially if they end up with 100% of the block due to OBL being basically broke...? Oh yes, they mention farmouts.... to who I wonder, pray tell another 'Chinese firm'....
    REY Price at posting: 1.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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5.0¢ 		Change
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7.0¢ 20000 1
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