RLE 0.00% 9.0¢ real energy corporation limited

Its just the first news , wise decision buying more , im doing...

  1. 1,307 Posts.
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    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
 
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Currently unlisted public company.

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