RE Royalties Ltd T.RE

Primary Symbol: V.RE Alternate Symbol(s): RROYF

Utilities Utilities - Independent Power Producers

RE Royalties Ltd. is a Canada-based royalty financing company. The Company acquires revenue-based royalties from renewable energy facilities and technologies by providing a non-dilutive financing solution to privately held and publicly traded companies in the renewable energy sector. It offers investors the ability to invest in a diversified, growing portfolio of royalties including solar, wind, battery storage, run-of-river hydro facilities, and renewable natural gas projects in Canada, Europe, and the United States. The Company provides short-term loans and acquires revenue-based royalties from renewable energy and clean technology companies. It offers reasonable rates, minimal restrictions, and a tailored solution for its clients' needs. The Company owns over 100 royalties on solar, wind, hydro, battery storage, energy efficiency and renewable natural gas projects in Canada, United States, Mexico, and Chile.

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RE Royalties Ltd

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Post by raggetyjackon May 09, 2013 11:08am

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Post# 21366163

Not so bad

With the terrible differentials experienced in Q1 not that bad. They are due to close 160 boe/d disposition this quarter and have more up for sale. Pretty well no debt after sale and room to agressively drill out Mantario to increase budget into second half.

I don't see a lot of downside barring an implosion of oil prices and it looks like some nice gains will be realized into second half of this year. Heavy oil has recovered to a pretty good price of late. Still trading way below navps and possibly some consolidation of these junior small heavy oil producers is very possible over the coming months.

Low to no debt and increasing production into second half. That's a buy in my books...

GLA,,,

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