Can someone enlighten me here...at the risk of asking the obvious, why don’t RLE just partner up with a group like Beach or Santos and get all the funding they need for further drilling, reserves certification and whatever ? Isn’t this faster, and cleaner, than all this drip, drip, drip CR’s that’s utterly disheartening to the average investor ? GOR did a farm in with Goldfields on their huge landholding in WA and have never looked back. They got the funding to keep drilling, Goldfields bought 10% of GOR at a nice premium, and now there’s no need for further dilutive CRs. Plus their share price is now going from strength to strength. Or am I missing something ?
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