RLE 0.00% 9.0¢ real energy corporation limited

Morning All, Not being negative but Can anyone clarify what the...

  1. 1,044 Posts.
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    Morning All,

    Not being negative but Can anyone clarify what the terminology actually means;

    “Continuous and relatively stable gas flowing to the surface” .... the use of the word “relatively”... relative to what?

    “Both Wells performing better than Tamarama~1” .... Gee, the project would be in trouble if we didn’t exceed T~1’s performance. Are they really using this as a benchmark to suggest improved performance for T~2 and T~3 ?
    Surely they could find some positive points to promote T~2 and T~3 in their own right rather than refer to T~1?

    A little unsure how to interpret today’s announcement and what is actually being said or maybe I am looking for smoke and mirrors that aren’t really there...

    Still invested and still hopeful.

    Good Luck All
 
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