RNE 0.00% 0.2¢ renu energy limited

Lets hope they have a better run than the last batch, which...

  1. 1,843 Posts.
    Lets hope they have a better run than the last batch, which expired virtually worthless(personally I realised my largest tax loss ever).

    Before expiry we should have progress (if not completion) of the 1MW plant (and all associated mega-publicity), completion and mechanical stimulation of JOL1 (including reservoir development at shallower depths than those of HAB1/HAB3), spudding and possible completion/stimulation of SAV1 (and,less likely, the spudding of JOL2), and, of course, the all-important closed-loop circulation test between HAB1/HAB3 using the reduced-depth fracture system (further fracture systems are likely to exhibit higher temperatures due to greater depth).

    An excellent period over which to issue options, in my opinion.

    Cheers
 
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