RLE 0.00% 2.0¢ real energy corporation limited

Ann: $5m Placement to Advance Windorah Gas Project, page-87

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,295 Posts.
    lightbulb Created with Sketch. 87
    Kip having been away I don't think it pays to read all the posts at one sitting.....very negative with a few good posts spread amongst them. 

    Regarding your question about the timing of reserves. Like you I am no geo expert but I have seen many of these situations unfold. From my perspective there is little to no conformity in timing. Conventional resevoirs generally are assessed quickly by comparison to unconventional. Unconventional reserve assessments tend to drag on. Given we are an uncommon play type in this part of the world that may complicate things. The certifiers have a strict code of compliance they will be following. They will dictate to RLE what is required and the timing will be what it will be.
 
watchlist Created with Sketch. Add RLE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.