JM, dont worry mate, if Dis & Trader are as clever as they say they are, then they are conveniently and knowingly not comparing apples with apples numbers when comparing AOK & RFE.
They will know the companies are reporting at different levels on their metrics in terms of what's gross, what's net pre-royalty and what's net post-royalty.
Which one is better? I'll continue to hold both because I think both are good investments. I'm happy with what AOK are doing and I am happy RFE continues with its HBP strategy to hold all 77,000 net acres. Listen to them and they'd argue you should put all your eggs into AOK because RFE is rubbish - now what kind of investment advice advocates against diversification? Only dangerous advice imo.
Cheers, Sharks.
PS: I confess the cash balance was surprisingly smaller than I expected it to be, but when I look at what they've done in terms of development, I remain comfortable with where they are at.
RFE Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
