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0.00% 9.0¢ real energy corporation limited

Seeinstone, SB's estimate of $25k per day is based on 10 wells....

  1. 925mug
    267 Posts.
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    22/01/19
    20:58
    Post #: 37192053
    Seeinstone,

    SB's estimate of $25k per day is based on 10 wells. He mentioned 10000TJ/yr in previous presentation, which in today's market would be $25k/day.

    my estimate was based on 2 good wells and a small contribution from T1. If we eventually get 9 good wells, then my $ estimate multiplied by 4.5 will be close to SB's.

    925
    RLE Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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