Thanks for pointing out how well I've done here in the past. Though unlike you I wasn't "pumping" anything. Oh and of course you've got your facts wrong. I bought RMP back in 2011 at about 10.5p, at pretty much its all time low at that point, it then promptly rose massively and I then sold out between about 35p and 43p because the risk was no longer worth the reward of staying in for the drill results. I couldn't have played it much better. So thanks again for highlighting one of my best trades. You keep stating this agreement is simple. How do you know that funding applies if they drop out of the venture. You have no idea what the mechanics of the situation might be. You have no idea if Range dropped the rights to Georgia rather than paying for drilling a well whether there is any penalty for doing so. Or they might just sell the rights for a nominal amount (if they can) to avoid the cost. But keep posting your "facts". I'm sure someone gullible will believe you.
Simple. if an agreement states you are required to fund a well....you can't say no thank you can you let me off. it was agreed as part of the 2011 farmin. you get nothing for nothing these days. Feb 2013 you was pumping this like no mans business
I don't have a short position. I told you that. I would have taken one out from 3p but logged on too late so I left it as I said. But keep making things up to try and deceive people if you like. You know the terms of "A farmout". Good one. So basically you don't have a clue of the terms or if anything at all would need to be paid. You talking about "credible posters" did make me laugh though. Well done. Love a good bit of irony.
So overall disappointing since the news, however I think this might be like UKOG before drill and shoot up within weeks of drill start...so a frustrating further hold here........Georgia still intrigues me....if no drill surely compensation, but how do you get compensation out of a near bankrupt company???
You are certainly not a credible posters and some1 that uses a tactic to scare ppl, hence your short position. I know the terms of a farmout and the legality if they are not honoured. Now do one and focus on range!!!
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