REY 0.00% 5.5¢ rey resources limited

AMDG.......am I the only one on this board who is discounting...

  1. 3,844 Posts.
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    AMDG.......am I the only one on this board who is discounting REY's O&G interests.....can you explain to me the significant value for REY in a residual 5% interest in the O&G tenements which are going to have a measly $3-4 mil spent on them over 4 years?

    Lash seems to think there is some value in the O&G component as well.

    If you are into this stock for oil and gas, be happy that they also have a long-life coal-mine in the making.
 
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