RLE real energy corporation limited
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Real Acquisition Target, page-5

  1. Dollar@nearly51
    1,051 Posts.
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    23/08/17
    20:22
    Post #: 26706690
    The transaction for $136.22/acre referred to a "Farm In" arrangement and "NOT" an Acquisition.... imho We are worth substantially more than $1.30 per share under an Acquisition scenario once we have proven commercial flow rates.

    Wouldn't be a bad result though......

    Good Luck All.
    RLE Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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