Its just the first news , wise decision buying more , im doing the same. The news flow to come is exciting as well
T3 flow rates initial
Field tie in to Mt Howitt
Maybe higher T2 flow rates with increased choke size ,but im just guessing on that happening
256bcf from reserve to resource , this one is a biggy and will get bigger players attention , number could be bigger as well
Pre sale of gas agreement 6 million
How they finance the rest of the field is of interest as well , will the oppies get there or not 3 months left
It is of interest as well that the yanks value their gas in ground at $1/mcf so that means RLE is potentially valued at 256 million , now I know thats a long shot but it is a valuation they use and thats U.S. dollars as well
Me personally Im going to keep buying all the way up to 15c
- Forums
- ASX - By Stock
- Clock Ticking Down .......
Its just the first news , wise decision buying more , im doing...
-
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RLE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online