Despite all the current doings at the diggings I can't see "now" as a sensible time to be getting out!! (unless you "know" it won't be a producer). Why on Earth would you????
Sick of it or not, we are at the most interesting time. A good reserves showing here and within months STO could be all over it like a rash on steroids and the company gets sold for $150/250m. Santos wants the gas and management might be tempted. Maybe in a year or two or three it could be worth much more, but a quick buck is a quick buck and 60/70c share (50/60c for OB's) is a lot of bucks!
Kip
RLE Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
