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If this is just going to drift to 0.5p as you say with no announcements coming then I will ask you again for about the third time now, why do you continue to keep posting here??? Why why why?, please explain for the others on this bb!
I managed to get 2/3rds of my cash out that I had given up hope on. Was it skill, no, I had a tax bill to pay and it was my most profitable share. cashed out to pay the tax man, bit ironic!! the rest of my shares are sh*te.
regret the day I decided shares were a good option!!
Aye correct HH..and note its always in coherts with the WA mafia,usually OTTO..Thats the risk of a binary bet like this.You don't stand a chance with the old good RNS,bad RNS routine either.Bandy will be in no rush, he`s gone to ground now, be lucky if he re-surfaces in a couple of years.Heading for 0.5p now
Bigbench, unfortunately Bandys never had a plan b on any of his previous dusters so I wouldn't hold my breath. His usual MO between dusters is to draw an overinflated wage (way over £100k if I remember rightly) wait a few years and then pick up another random asset that he can then fundraise against before the inevitable duster happens. Rinse and repeat ad nauseum and you have the history of RMP. Best of luck but those trapped in after the Philippines drill had to wait 3 years before he picked up Winx.
We are all guessing at what's next ….... truth is we don't know anything until the BOD tells us its next move. The SP is so low its not worth selling in my view..... With that in mind im holding here as the slightest bit of positive news that comes out will add to the SP. They must of had a plan B in case things here were not successful. Wait & see my view.
.. i'm invested here.. and have been watching a long time without comment... I have lost 000s on this share... and it is apparent to me that there is a significant contingency here that only open their mouths to change feet!
avoid for now
What are you smoking?
when winx2 anyone knows?
My guess is in the future we will get another fundraise because yes we have money at the moment to tide us over but should the forward plan be to drill Winx 2 in the next drilling season or drill in the Philippines after the 3D has been analysed then there will be a need for much more money. I think I'm going to sit on my substantial paper loss and wait for a fundraise to average down, fortunately my average is only 4p anyway so it will be easy to average down to a good level for the next phase of RMP's future.
Left on the book
Very good point about the rig so wouldn’t jump to conclusions yet, let the company analyse the data and come back. They haven’t released the rig so they may want to analyse first to see the findings before deciding. Remember they did have oil shows so it’s there...and we know this is very hydrocarbon rich area..gla
No mention of the rig being released in the rns either.
Guys, this particular well is over. There is no chance of a side track as they have ‘plugged and abandoned’. There is the chance of a new drill nearby based on the data they are analyzing, however we need finance now and currently do not have enough. This means there will likely be a further placing. 0.5p in my opinion will come in the coming weeks. I still unfortunately own here, I took yet another risk on the small chance of a strike.
It’s not over yet! The forward plan is to further evaluate and integrate the valuable data acquired at Winx and reprocess the Nanuq 3D seismic (2004) in order to evaluate the remaining prospectivity on the Western Leases, including the Nanushuk Fairway potential......
Don’t believe a word RMP tell us! It’s probably commercial oil.....it is everywhere else in that region.. RNS soon :)
A lot of people by the looks of this board.
Which bit of "Plugged and Abandoned" don't you understand?
I’m Waiting for a sidetrack drilling RNS..... come on
who cares short term ,these are in the bottom drawer for the time being.
At one point i was 80% down on Copl and still recovered...
and you'll see what's going to happen next in the short term............NOTHING
Looks like we've found the base level at 0.75
I would think that it will start to move up as we wait fir an update from the company a more detailed plan going forward.
We will see.
THS123-same thing was said at copl, it went from 10p to 0.5p but back to 1.8p ...
and i got my money back- similar thing will at some point happen here so no point selling at these levels
Looks like we've found the base level at 0.75
I would think that it will start to move up as we wait fir an update from the company a more detailed plan going forward.
We will see.
Remember box well 0.6 - 6p no time