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.
RLE Price at posting:
9.5¢ Sentiment: None Disclosure: Held
