hi holders, well, this is an opinion only but the material new development opportunity has to relate to something regarding West Tulsa, perhaps horizontal drilling campaign into the mississippi shale.
the wells can cost up to $2-3 million so my guess is we either will have a placement of shares or so the share base remains low it could be a short term credit facility hopefully to be paid back quickly on the back of 1600boepd, hahaha, still dreaming.
RFE has enough revenue to obtain a credit facility.
rabiez, you sort of win, if you count trading halts, news tomorrow perhaps, either way, pretty exciting times to come i hope.
this is all my opinion only, DYOR
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