750k on bid at $1, page-4

Agree Supermajor.

While the finish to the day was not nearly as much fun as the start, reckon you might be on to something.

Heard a story a while back that $1.40 by March 10 was a distinct possibility. Not sure what that projection was based on and back when I heard it the sp was about .80 cents and $1.40 seemed a distant dream.

However a lot has changed in that time and we still have some exciting news to look forward to, like McMurtry completion. If anything the McMurtry update a while back was even more positive than today's Abunda news.

Trading to commence on the OTCQX by the end of Feb, possible elevation to the ASX300 where funds that invest in the ASX200 may also have a mandate to buy into promising ASX300 companies.

Tahara has the potential to flow at a rate higher than the 30 day rate released a while back.

Possible joint ventures, more non operated wells and possible increase in acreage all might impact positively on the worth of RFE.

And then there is the possibility of something from left field that takes us all by surprise.

While the sell off this afternoon took the gloss off the morning trading, I reckon 700,000 shares traded at $1.00 is a super bullish sign. You don't stump up $700,000 at almost the 52 week high without doing a bit of homework.

Hang in there Pencillin. While it might look like something doesn't add up, I think you'll need a few more fingers and toes to count your blessings soon. There are big dollars around and us little guys are going to get swept back and forward in the game. Hang on for the ride!