RLE 0.00% 2.0¢ real energy corporation limited

ST, If bankable reserves are forthcoming and a re-rate occurs,...

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  1. 5,308 Posts.
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    ST,

    If bankable reserves are forthcoming and a re-rate occurs, then near-term future funds will almost certainly come from debt or up-front payment(s) from gas customers. The company would have a different profile going from explorer to emerging producer.... Remember too this CR was only for 2.5 to 3m and was oversubscribed to $5m. The company should be well situated in the short 4term one would think.

    Kip
 
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