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 > Mantario payout times at WCS $90

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Post by raggetyjackon Jul 26, 2013 4:32am

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Post# 21631788

Mantario payout times at WCS $90

Mantario wells at $750,000 per well which produce from 65 to 100 boe/d pay out from 7-10 months at WCS $80 and from 5-8 months at WCS $90. The latest July corporate presentation shows an additional 5 wells for Mantario which I suspect will be increased when they report on Aug 7th for Q2. Mantario production now over 2,000 boe/d so with the extra wells I'm forcasting they will increase guidance from 3000-3200 boe/d to 3200-3400 boe/d or more on Aug 7th.

With WCS price coming back a long way there hasn't been that same appreciation for RE or PXL on the rebound. I suspect that will all change rapidly when they report in a few weeks time.

GLA...

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