Perhaps stand by and a broker's report will come. But they may be awaiting T3 results first, who knows... But you might be right too … we're on the right track but need to get continuously improved results.
So where would that put us now? All the same I'd say a fair bit closer to the line.
MC $25m. The current sp is lower than before they had even drilled the wells!
SB seemed upbeat and some learned posters here appear very happy too. It's a very odd market reaction today, when from the start 2,000mmcf/d was the hoped-for targeted outcome with commercial repercussions. We get it and here we are. Market wanted MORE??? Too greedy perhaps. This'll possibly do nicely for now?? … when they realize it.
Kip
RLE Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held