RFE 0.00% 0.0¢ series 2018-1 reds trust

chess capital report, page-9

  1. 2,795 Posts.
    $3 target witht the following note....This Note is based on the East Oklahoma Project announcement only. Our valuation methodology included running several Flow Rate
    scenarios, assuming a steady well development program. A NPV was established for RFE based on a 10-year operation, and we have further discounted this by 50% to take in to account current lower energy demand levels. We have NOT applied PE multiples to our current shortterm
    forecast.

    Buying more. If it retraces, I don't care. 60c is a joke.
 
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