Ann: Offer to RLEOA Option Holders, page-51

I ran out of breath reading that hell

I believe in the geology/acreage from the results/information we've been given to date. However, I have very little faith in RLE being able extract fair value for shareholders, the last 6 months has been a real eye opener and has raised some serious red flags for me on a couple of fronts.

I only hold a small amount of these now and i do hope I'm wrong for all the LTers here who deserve a break. As soph's digest this latest announcement i see the share price coming under serious pressure and i still firmly believe we'll see the gap at 8.9c closed as previously stated and without positive news in the short term the gap at 7.7c comes into play too IMO.