sharechaos, we already have 12000 acres, maybe 50000 of the best producing shale in oklahoma, possible PV10 of $800million on this project alone, we have Bailleaus to commence coverage, this is the best christmas present i have ever had!!!!
suppose it will take time for the market to realize what has just been announced, always seems to be the way with Australian investors, but believe me and i am not ramping here, once this gets up it will fly.
know this sounds like ramping but my calculations dont lie, buying under $1 will be a bargain.
will need to confirm more details on Big River but from articles i have read recently this area has alot of natural fracturing due to brittle shale, this helps on costs and really helps when it comes to flow rates.
all my opinion only, not investment advice, DYOR
RFE Price at posting:
44.0¢ Sentiment: LT Buy Disclosure: Held
