RLE

[nipper]

thanks for the reminder - all about leverage I guess, but the Cooper has been an under-deliverer, hence some hesitancy.

 

Getting the "MOU with a large industrial and commercial gas user, a top 100 Australian public company that is keen to buy gas on long term contract from Real Energy" across the line would be a clincher (at $10+)

[annaliese]

I agree mme. Its one to watch. Roll on the completion of testing at Tamarama.

[mme]

Our day in the sun has come!!

[annaliese]

Still want to see those Tamarama results but who I am argue with interest from Santos. Looking good and plenty of good stuff between the lines in todays announcement.

[annaliese]

Maybe this time MME. Activity at last with the first of two wells started!

 

[mme]

Sit tight now with this one IMO! Looks like they've got the goods. Bit early on selling SEH but still can't complain given my initial purchase price. Can't help but feel RLE will be taken out probably by the neighbour. As usual please do your own research.

[annaliese]

We still need commercial flows but progress to date is certainly very interesting. If the latest investor presentation comes to fruition this ought to rerate sometime between now and Christmas assuming no delays.

[mme]

Well let's hope it's an early Xmas present for us!! News shortly of what long term share holders have all been waiting for. All positive and we can expect the share price to be many multiples of current levels. Fingers crossed!!

[blacksheep]

Gas Processing and Tie-in Agreements signed with Santos Limited and Beach Energy Limited

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¯ÃƒÆ’â€Â ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢ÃƒÆ’ƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ Agreements cover tie-in to Santos-operated gas gathering network in the Cooper Basin and

gas processing at Moomba Facilities

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¯ÃƒÆ’â€Â ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢ÃƒÆ’ƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ Gas processing allows raw gas from Real EnergyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Windorah Gas Project to be processed into

sales gas that is immediately saleable to Australian east coast commercial and industrial

customers

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¯ÃƒÆ’â€Â ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢ÃƒÆ’ƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ The Tamarama wells to be tied-in at Mount Howitt

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¯ÃƒÆ’â€Â ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢ÃƒÆ’ƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ A significant step in Real EnergyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s efforts to commercialise the Windorah Gas Project without

the need for Real Energy to build costly gas processing and transportation infrastructure

[mme]

Know within a year's time and probably six months if this will be a multiple bagger! Happy holding as I'm feeling confident.