$25,000/acre!!!

Surely there is someone from the hotcopper fraternity who attended the AGM and is willing to share their observations?

Was there any discussion of how RFE would "unlock the ~$25,000/acre or more in net present value we recognize in the acreage." Keep borrowing and drilling and hope that one day income will exceed expenditure, JV, forget Miss and focus on Woodford, get disgruntled shareholders to help out with drilling??

There must have been some discussion about how and when this aspirational target is going to be achieved. Is increased production the key? Reduced debt, massive increase in individual well production? What's the strategy that precipitates change? Without some sort of change in strategy it doesn't look like a realistic target at this stage. sp at historic lows and still no apparent interest in the stock at all.

You'd think that if a takeover was on the cards, now would be a good time to make an offer. But maybe no one else sees the $25,000/acre potential that our management sees?

Seems like folly for the company to keep doing the same thing, spruiking the same mantra and expecting anything to change.

Davisc4's reference to the "two pager" from the AGM seems symptomatic of the company - light on detail and information flow, but expecting shareholders to have faith when shareprice action clearly tells a different story.

Any mention of the Devon Woodford wells?? These were talked about back in July I think - why is there mention of them?