Thanks for the clarification. I hadn't looked deep enough. Fingers crossed there is something else imminently in the pipeline so to speak!! I sold out my 650,000 at a huge loss some months ago and put it into MXO. Ho hum. Not doing too well there at the moment either but I am still confident.
However I bought back around 200,000 at just under a penny to wait and see. I seem to have been doing that for a long time now.
If u look at the accounts it says a Georgia sale is unlikely and both block via and sc55 has been wrote down to nil.i get a strong feeling Rmp are looking to exit both projects and start again in a different sector....look what they did with orca energy and the brokers buying in heavy
Oilriches, I assume it is showing nil value in the half year results because it was not sold during the half year. But if it is being valued at $3 million previously, it is probably worth less now because of the industry downturn. However it surely is worth something in excess of $1mllion which will boost our cash reserves further - and the SP!!!
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