i want big volumn, page-10

kotch, attached the AGM presentation here again, the chart on page 5 showed the correlation of gas pricing with RFE share price.

reckon you can tear that chart up, gas price was around $3.80/mcf then, as of last night the spot price closed at $4.57, RFE share price at the time was about 45c.

so gas price has risen by just over 20%, we have leased 12000 acres in a new exciting OIL play and the SP has DROPPED by over 10%, imho RFE a smidge undervalued.

Nucular, drink more tea mate, has to be something coming out before the 1/4ly, if we have had 20 consultants out there speaking with farmers try to get more leases signed off surely we have acquired more acres, if not sack the consultants.

suppose management would have to decide when to release news on more acres, dont particularly want to hear about every 640 acre block we sign up, but what would be a fair update total, every 5000 acres, every 10000 acres???