RNE 14.3% 0.8¢ renu energy limited

timely announcement.

  1. 359 Posts.
    Around the middle of the day when the GDY share price was getting right in to fall mode I made the comment that GDY should make some announcement rather than wait to be asked for an explanation.
    Maybe they already had todays announcement ready to make or just pushed it along a bit faster but they did get a story out.
    I want to now acknowledge that (just in case Gerry reads HotCopper after dinner?) and say it was good to see.

    It put the brakes on the slide and has at least put a bottom in place to move back up from.

    So, thanks and good on you guys.

    Unfortunate that you had the instrumentation glitch. Some supplier will get a good rev.over that no doubt.

    Outside that the report was positive and on track.

    I notice that the well has flowed at a max. rate of 30kg/sec.
    Now that is over 25% better than in the initial report where 23kg/sec. was hailed as good.
    An encouraging indicator I would imagine.

    geojac
 
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