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No no, no.... They would tell everyone they have lots of extra toppings .....then when you get it home the box is friggin empty!!
I can't see much happening with the SP here until we get an RNS from the BOD giving us their intentions moving forward... Are we done?..are we still looking at the data? ..are we looking to sell the data?.... are we being bought out?....
Are we looking to drill again in Alaska.....or of to the Philippines?...and plenty more besides I'm sure.
My guess is they must of had a plan B if this didn't work out.
......plenty of answers required!
Closed flat in OZ.
Nice small bounce
I can see a lot of negativity on the board – not a problem – understandable.
I remember when the bpc was trading at around half a pence not so long ago at all and their board was full of people saying this is now dead, gone, buried, finished And then within the space of no more than six months it was trading at around 6p.
Not saying that will happen here quite right like or that all of the doom mongers are also the bottom feeders here – although you never know – but it’s worth considering that the time to buy is often when the boards are darkest.
Mcap above cash. This will fall further
Yeah , it’s got to be a brilliant recovery play this one.
Can see it multi bagging as the Ice thaws in Alaska - hopefully Bandy will get the drill spinning on his next mega project and we can all retire.
Everyone pile in.
At 0.75 this has massive upside and anything can happen with this stock, would be surprised to see it going up at least 100% just on a technical bounce
Must have been big for a few of you here, what a car crash, hope you make your £ back on another share
Agree this could be the start but a start to a long road ahead? I’m in for the long journey now, not interested in taking a big deficit for all of my stock. Holding tight and hoping they can get they’re act together
It will be tough for us with regards to PANR and 88e. They both have a lot more to fall back on, we have a small play in the Philippines but nowhere near enough to repay losses
I wish, any chance of this?
After how all the other RNS have been worded I’m not selling here, I’ll just hold on until an update of the next move. They will probably turn around and say actually it wasn’t clay we’ve hit 5 billion barrels of oil next week.
Could RMP move forward without other members of the gro? I’m just thinking that PANR & 88e both have other projects they will probably be getting on with before looking at Winx again.
they did not find any sandstone therfore drill in wrong place
Reservoir properties appear to be compromised by dispersed clay in the matrix at Winx-1. This clay is often present in other successful Nanushuk wells but in discrete laminations with decent quality, high resistivity, oil saturated sandstones in between. The dispersed clay in the Nanushuk at Winx impacts both fluid mobility and oil saturations. The clay serves to bind much of the fluid present in place so it cannot flow. It also occupies pore space within the formation, resulting in a lower relative hydrocarbon saturation. This means that, whilst oil is present in the reservoir, there is less of it and it is not mobile. Further evaluation will be undertaken post drill to fully understand the implications of the petrophysical results.
from a disapointed pi
I better load up just in case cos might never see this price again if other plans in the pipeline.
This could be the start not the end.
Winx-1 is history.
But there could be a Winx-2
Our Western Blocks is a significant area.
Winx-1 gained important geological information.
Further analysis may reveal an attractive place to drill Winx-2.
The Seismic Data is old, not up to standard of todays 3D Seismic.
Perhaps a new 3D Seismic of the whole area is on the cards.
But what do we know?
This needs some geological study and assessment for a new well location.
Divide well cost by 3, it could be economic...…Otto Energy, Red Emperor, 88Energy
Phrontist
Could get a big recovery shortly
Latino, are you taking the ****? What do you think RMP will do to create shareholder value? They don't have anything planned. I'm sure another opportunity will come along eventually but you are in a dream world if you think your going to make money ramping this? Why would anyone invest? What's your strategy? What's the forward plan as you see it? Like many I've been trapped here since puntland. I'm sure in a few years I'll get excited about getting my money back again. But the short term holds bugger all for RMP
Latino you dont get a lot in this game with what rmp has in the bank. Not a lot at all.
Yes!
I wouldnt write Bandy off just yet. I have been here for ever and i have heard it said many times that RMP are done and GB is finished blah blah blah but he always manages to pull something out of the hat to keep himself in a nice salary.
At least there is a decent bit of cash and no debt. None of us can blame him for the duster and we would all of thought him a great bloke if it had struck big. The bit that gets me is the manipulation of the share price with poorly worded RNS’s that ultimately screw over pi’s.
Time will tell but i bet he comes up with something to save the day.
Anyone else think there has been some fraudulent RNS notifications issued during the drilling period
Latino, no point having money if you can’t do anything with it to create shareholder value ;)
I can, AAOG. Found loads of oil and now primed for huge gains with lots of news due.
Perhaps peeps could re-coup some rmp losses over there?