Well one thing is for sure - RNG will be worth more tomorrow when the market puts a value on TOE (Torro Energy) which is buying in 75% of RNG's U in its tenaments. I watch with interest.
Just to help you monitor the drilling results etc the RNG tenements involved in TOE are listed below. RNG's tenements are a minority part by area, of what TOE calls the "Kingoonya Project".
EL 2866 - Lake Labyrinth, 286 sq km
EL 3040 Rounsevell Hill, 810 sq km
EL 3107 Glenloth, 803 sq km.
This and the full TOE temements are listed in Schedule1 in the TOE Prospectus on their web site.
I will be looking to acquire some TOE tomorrow so feel free to leave a few for me!!!!
Cheers
Please do your own research and avoid my mistakes-Up2U!
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