RFE series 2018-1 reds trust

getting out of a hole 101, page-9

  1. 2,958 Posts.
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    Jm... You really can't be serious can you!?!? Are you in denial?

    I can't see anything bar a takeover somewhat saving this company!! Capital spend to date far!! Is absolutely phenomenal! With funding concerns arising again and net production after all this is at a mere 1800 boepd!! AOK is getting far better results than RFE and they're development costs are A fraction that of RFE's but still for the quarter there revenue and production was half of RFE's!!!
    RFE actually looking overvalued at the moment, and wouldn't be surprised if I seen them trading in the. 20's in the months to come.

    Reality check!!!
 
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