RLE 0.00% 2.0¢ real energy corporation limited

Ann: Investor Presentation, page-6

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  1. 2,295 Posts.
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    ST any possible GSA suitors will be running a range of conditions including proof of concept in RLE's ability to supply. Key to that will be flow figures, reserves and to a much lesser degree pipeline approval (it seems likely to be given).

    So yes they could sign a MOU subject to those conditions now but they would not have much if any market value until conditions are fulfilled and a binding agreement is in place.

 
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