RLE history they have drilled 4 wells all 4 have encountered Gas each one better than the last the drilling has proven up a LARGE Gas resource
the permit is surrounded by major hungry O&G producers, RLE has done very well for the money spent to date ..to say RLE has a history of poor performance is very rich ...please tell us how RLE should have gone about operations ? and how you value cooper basin gas project ?????? 8c your target FFS
I think the fact is you know very little about the company and prospective upside but thought you would chime in your SELL recommendation like all your posts have been of late on other shares you grace with your wisdom >>
the course of sales today I see a major buyer loading up he just got 500k+ and he's back for another 500k @ 10c ... someone likes the story
RLE Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held