RLE 0.00% 2.0¢ real energy corporation limited

Breakaway Research - Real Energy, page-13

  1. 2,295 Posts.
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    Kip you would expect the majority of the contingent resource to convert to reserves. Some use a guideline of 80%. Currently our 2C resource is 276Bcf as calculated by the independent certifier.

    But if you're right and a lesser figure is more appropriate then I need a new bigger word to replace gianormous as the upside would be bigger still relative to the initial reserves figure.

    As I say just academic for now.
 
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