RLE 0.00% 9.0¢ real energy corporation limited

Cash, page-2

  1. 382 Posts.
    lightbulb Created with Sketch. 45
    They may well have to raise capital, but then again they may not.

    First thing is to prove commerciality and hopefully book reserves.

    I would have thought that they may farm in a partner at some stage if successful.

    Then again they want to "go it alone" which means finance is required.

    At this stage the market is waiting to see if they can get the gas out of the ground, we all know that it is there but it is a matter of pumping it out in commercial quantities.

    Time will tell and that time is fast approaching...………

    (should have been a politician - 6 sentences and I haven't said anything!!!)
 
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Currently unlisted public company.

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