Based on the sale of the RLEOAs by the director, I can speculate that the reserve numbers will not come before they will expire.
Now that "speculation" is very logical gg. And not only reserve numbers, but likely no certainty of other news to send the stock up before expiry.
And jak, to me a director selling what amounts to low value Options in these circumstances doesn't look like much to me at all. You yourself like the prospects of the geology and at the end of the day, that aspect is king. If decent reserve figures come out, I don't care what you say, the market will fly with this stock. We are not seeing selling of the shares out of the ordinary (given the CR recently) so I don't believe there is known "bad" news out there.
Not a good start to the footy season for me... I'm a Dees man!!
Kip
RLE Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
