3.4 cash flowThat certainly seems positive, and would make RER a strong buy.
Do they have any land/prospect where it isn't just steady eddie explore and develop, but they have the potential for a big find that would give RER an instant boost? How is their reserve life, I guess I could look this up somewhere. I also seem to recall from my favourite TV channel that RER was rated a buy at higher prices by Mr. Bowtie.
O.
p.s. Another pick at an unbelievable cf multiple is Diaz (DZR). At $0.87, it is about 2.4x cash flow. Are there any other picks out there like RER and DZR with ridiculous cash flow multiples?