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"this company is extremely poor at times of no activity"......that's all of the time though!
Sirbob. Some of the deals failed early this year at no fault to bandy. I'd rather he got an asset that's going to rerate the sp, than rush into an asset that the market dislikes. It's all a gamble but I get some comfort knowing that cash in bank is over the current market cap. It will come a point in the next few months where I will reassess the situation. I admit this company is extremely poor at times of no activity.
I hope you haven't fallen foul to Bandys salesman ship, which him and Peter Landau are masters of......actively looking for new asset? - yep for two years now.....soon???.....a term with no actual definition or time scale........hence words loved by Bandy I'm sure....
Historically they've been quiet, hoping TRP and CHAR would strike it lucky, they've now come to life with a highly prospective 2D seismic evaluation, cash burn has been managed extremely well and the cash in bank actually exceeds the mcap by 50%+ If RMP were carrying out similar you would be extremely optimistic of some huge figures of oip prospects, would you not? Btw you've lingered here for an awful long time from memory and profess to having a large amount invested, with so many other blatant opportunities out there I have to admit that I admire your fool hardy tolerance and hopefully are able to save something out of this. Good luck
Glad you still have confidence in him !
Gbp is a bigger dog than this....check it's history and cash burn
GBP well worth a look if your interested in oilies, 2D seismic results due in a month on Namibian licence, £3mill mcap £5mill cash in bank I got out of RMP a while back and feel your pain Gla
I have been in dialog with Greg and have a strong feeling something will happen soon. They are actively looking for an asset and is just a question of how long we wait now
For Gregg Bandy and his $2000 dollars..... A few years ago we tried to vote down his proposals at AGM, but not enough votes, something really needs to be done soon, as the losses people mention on here, me included...are appalling when you consider Bandy had just been paid this week alone $2k for another week of NOTHING...
I thought that a company listed on the market had to have an ongoing buisness ,so how can rmp be still listed ??
Good luck pal hope you make a load of money I feel like selling up too very depressing no action at all.. in time tho something will happen will it be 1 year 2 years who knows
And to you mate.Pretty confident with 88e...I'm up already!
Good luck my friend
It would appear not, 'cos that's exactly what's happening here.
Nearly done this myself this morning. Couldn't take the 34k hit. Will sit for another year but can't loose any more time.
That's me out..had enough...lumped what's left in 88 e in the hope of getting my money back.Gla knowing my timing news is just around the corner!
isn't there some legal requirement for a company to be actively be doing something over a certain period of time in order to retain an AIM listing? Surely otherwise any twat could come along, register a business, sucker a load of investors and then sit back drawing a salary for f*ck'all.
Should have researched Bandy before I invested..lesson learnt
Yep over 5k down here held since 2011
Psychiatric help maybe.....we must all be barmy to have invested in this con -artist and his associates.
Exactly, what are we supposed to be researching?!
I thought it was the next 18 hole !!!
What exactly are we researching?Bandys failure to acquire a new asset?
Thought that was Bandy's job....he's getting paid enough for it.
Whatever happened to research on these forums?