RFE series 2018-1 reds trust

announcement , page-7

  1. 140 Posts.
    Hey Youunit,
    $8m AUD for 80 wells = $100k AUD per well and we get the 25 miles of piping into the tap and water clearing infrastructure thrown in for free!

    It would have taken us another 12 months to drill 80 wells, and we got them almost overnight!

    IMO RFE is in for a rerating before Christmas, next leg up could even see it into the ASX300.
    Now that could turbo charge the SP.

    Happy to hold for the next 12 months, it will be well worth the effort!
 
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