re: Ann: Red Fork to Double East Oklahoma Lan... I agree with the last two posts - this could be a monster of a company in the making, in the next two to three years if it continues to be as well managed as it has.
The market has already begun to realise its potential and I believe by the years end we will be within the $2 range. The EOK sales will definitely re-rate the share price.
There are just so many positives with RFE that people have stated time and time again on this board.... You definitely sleep easy with this in your portfolio.
- Simple and well understood business model
- Good cash flows that will become very strong when EOK comes online.
- NO DEBT, and self funding projects
- Low capital expenditure
- Very low production costs
- Key resources which are near the bottom of their demand/price cycles
- Very astute management - MD David Prentice
- Tightly held share register, 120m shares.
- Forums
- ASX - By Stock
- RFE
- Ann: Red Fork to Double East Oklahoma Land Holdin
Ann: Red Fork to Double East Oklahoma Land Holdin, page-26
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)