Don't think we will see news until April. This company are slow at Rns at the best of times. The recent article has some valid points having read it in depth. Big expectations from a lot here but I'm not so sure history will repeat itself. There are funding concerns for me.
Can anyone answer why if Block IV has 7 x prospective resource of Block V - why they would have the 2D seismic weighted towards block V, 4 to1??
Even without farm-in partner these guys were planning to drill 2 holes - when things warm up. Realistically they have to be on the ground late April to drill late may/early June. Cant be far away from some news!!!
company is still hibernating
but could explode into life : http://www.shareprophets.advfn.com/4159
3 Mar '14
Well the price drop is probably largely due to me, selling 200,000 today, I really just did not like that article. From previous experience you can now all expect this to soar tomorrow! lol and RMP to fall, where I have moved my money too... I just feel safer there, as they.ve money in the bank, good drilling partners in HORN, not so much RRL,but here is too risky, although high rewards if a farm in partner is found....just a little too risky for me right now.
2 Mar '14
Elite - CMC artcicle
Must admit, this article did make some valid points, I'm holding in Matd around 300,000 shared, same in RMP and a lesser amount in GBP, does make me feel my money would do better in latter two than here....as could currently get out at break even.
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