ok, that's good news. I went by the financials which said he held 400k of shares, but i guess he may hold more through his super annuation scheme or something like that. Good point i hadn't thought of. Anyhow I will stick by the sidelines for the timbering. Good luck though
I've had another look at RMP to see whether it is worth jumping back in. To be honest, for the time being I'm not so sure. I had a look at Otto's website and SC-55 seems to be on the back burner at least near term. Likewise no new news on Georgia in RMP's financials. The bits that concerned me are that Bandy currently holds 400,000 shares and no options and so at the moment has no upside in trying to get the SP moving. He hasn't even bothered updating the website to reflect that we have disposed of Puntland. So for me this is going to be a long time hold - I am sure at some stage in the future a new project will be found, or SC-55 or Georgia will develop, and at that point the SP will multi bag but from past experience it will probably take time.
I would have thought we would have had some update from the bod even to reassure us long term sufferers. However, I'm trying to take some comfort from the recent holding RNSs. I've too much money tied up here for my own liking but live and hope. Come on bandy get the finger out
We're made on failure here they hired a state of the art drill ship for very low fees and grabbed all the headlines to drill one well well done to those in the know and his band of merry men but like before nothing is been said about the next step they will take so I can only guess much the same as before
Totally agree with what you have said , I only invested a small amount of cash a while ago on the back of what I thought was going to be a good investment , luckily I sold and only lost a few hundred pounds , which was bad enough , got my fingers burnt on this one , money is now sitting in my bank account ready to spend on the kids Christmas presents . Good luck to all the other investors who are still in , hope you get a good return
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