Thing is Kip I don't think figures north of a dollar are too out there. The reason I say this is if we get the commercial green light with 2P reserves around 200BCF that is less than 4% of the estimated total recoverable resource.
With commerciality granted on wells T-1 to T-3 the future upside is gianormous.
We just have to get the commercial green light which the team are working hard to achieve as we currently wait.
Its either going to be a zero to zero stock or a zero to hero stock......it won't be fair to middling.
RLE Price at posting:
10.3¢ Sentiment: Buy Disclosure: Held