I agree with the first statement but in saying that fundamentals continue to change meaning that hopefully history doesnt repeat itself and the volume going through should build up the support for the current SP.
8c is a bit low? anything to back up that? based on peer comparisons, proven flow rates, agreements in place, pipeline approval in process i would say the 28m market cap is quite conservative given its progress.
RLE Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held