The elephant in the room is T~1.... I think the market has priced in the fact it is still De~watering and to date we are unable to confirm flow rates although we are told it is improving. Again, a positive announcement in relation to T~1 and the SP re~rates instantly......
In the interim Management are pushing forward with developing acreage to demonstrate their intentions to the market and prospective buyers.....
Good Luck All
RLE Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
