RFE 0.00% 0.0¢ series 2018-1 reds trust

You have hit the nail on the head unlike some other ignorant...

  1. 48 Posts.
    You have hit the nail on the head unlike some other ignorant posts about press articles, repeditive DP knocking etc. The whole point to what RFE is doing is creating scale with qualitry acres. Once success has been achieved within a small part of that acreage, reserve estimates can be done on the entire play which will realise the numbers you are talking about. Those numbers could be bigger in an M&A scenario. Mt Soros is about size and success. His due dilligence probably uncovered a nice clean, debt free vehicle with existing producing assets that he could use to scale up in one of the most exciting plays in US Energy history. Let's see what unfolds from here but suffice to say, if there are any question marks about credibilty for RFE - Soros has just erased them.
 
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