the suspense is building

hi holders

can hear a pin drop around here, suspense building??

interesting trading, 44c and 46c cap today trying to flush out sellers, but volume is decreasing, and a meaningful position from now should start to require a move upwards, surely weak hands are slowly disappearing.

9 days of drilling down, Euroz mentioned in their update this well should take 25-30 days to drill to target depth of 8698 feet, assuming everything is going smoothly and on a steady rate per day we are at a depth approx between 2609 and 3131 feet, getting close to the kick off point of 3100 feet, getting more exciting every day.

the 2 prices recently paid for acres in this play are very interesting, Shell, trying to build a position, bid $2000/acre, and Antinum went for the JV at $4425/acre, imho without a shadow of doubt RFEs SP is way too low on these 2 figures alone, forgetting cash on hand and other O & G assets that are significant.

once again, imho, RFE currently in the eye of the storm, would expect demand for shares to steadily increase.
long term holders are set and if they are thinking like me,they wouldnt sell a single share right now, hopefully we will shortly reach a point where the only direction for the SP is up.

not investment advice, just my opinion.

another article here to help the time pass, probably nothing new but more confirmation of this plays genuine attractiveness.

hang in there holders!