RFE 0.00% 0.0¢ series 2018-1 reds trust

is this the day we were waiting for?, page-16

  1. 7,223 Posts.
    lightbulb Created with Sketch. 317
    mmqq123, personally more interested in the oil price.

    with oil sitting at $100/barrel, financing is a must and within the next 2 weeks. current oil prices make this play even better but $$ in the bank is essential.

    all the figures released by RFE and other companies recently on this play mean nothing if funding is not secured.

    getting 3D siesmic underway, securing right of ways, settling surface damages and designing water gathering and disposal systems means nothing if funding is not secured.

    drilling permits wont be able to be secured if we have no money to drill, David has said this is his sole focus at the moment, he needs to tick this off and move forward as soon as possible.
 
watchlist Created with Sketch. Add RFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.