Ann: Investor Presentation - Euroz Securities Ins, page-7

re: Ann: Investor Presentation - Euroz Securi... Most of you folks probably already knew this, but the presentation points out that RFE has barely scratched its Mississippian reserves estimates.

Slide 5: "More than 80% existing acreage yet to have reserves attributed"

As I noted in earlier posts, RFE's EV/2P is already below average (mainly due to reserves on the OK acreage). But as RFE's drilling program speeds up, its reserves estimates will increase quite significantly. This lowers the EV/2P (unless sp rises earlier). Add in strong daily boepd and revenue growth, and we will hopefully have a stock with a strong upward trend line.

And wobblyboots, I get your point. But RFE's investor presentations aren't just for instos. They make all brokers more mindful of RFE's potential and, consequently, those brokers are more likely to recommend RFE to clients. You can't get sp increases without people buying!