So far it appears they have lodged paperwork to authorities. Got a rig booked but failed to deliver the gravity survey they said they would by the end of the qtr.
It concerns me the use of language used so early in the REE announcements. i.e. "The gravity survey being conducted by Atlas Geophysics was predominantly completed".
It's like saying 'yeah we started it, had a crack, sort of, kind of finished it...oh yeah we'll blame the weather for not getting it done.
What's it going to be like when they start reporting the actual results?
I disclose I have a position...albeit a very small one.
DMN Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held