RLE
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0.00% 2.0¢ real energy corporation limited

I don't think there is enough information to make reasonable...

  1. ggwill
    416 Posts.
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    23/03/19
    14:14
    Post #: 37862042
    I don't think there is enough information to make reasonable reserve calculations but I'll try. Some people make prediction regarding LCK but the company provided more information (potential yearly sales and potential reserve life).

    If RLE manages to produce average 20TJ per day (the number for Stage 1 development). It gives 7300TJ per year or 7.3 PJ. Assuming it can produce for 20 years with the given reserve, then 146PJ Reserve smile.png
    RLE Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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