Agreed.it did say weeks...that sounds about right.
Was the term used in RNS, not months, for new asset, let's hope Greg means weeks and comes through for s change and let's hope it's a decent asset! So I propose we give him till end of Feb before taking action, that's four weeks....
Re: The oil market
That just means 'opportunity' to me.
The oil market
The oil market is very bad at the moment I am very lucky that I have sold my one Million share in RMP at 3.2p, I have lost 10 k but anyway it is batter then 1.5p.
Georgia + new deal
Puntland is dead "at the moment" unless Somalia Govn changed their mind at the last min. Also, with current low oil price, many major oilies will be even more hesitate to come back to Somalia and if so, Somalia may have no choice but to recognising our license in Puntland (as not many majors interested!) RMP now priced in at around cash. two main news: - drilling in Georgia. preparation is now ongoing and now waiting for money from RRL (maybe RRL will use part of CORE debt fund for Georgia drilling?). Anyway, we are free carried in Goergia, so wont cost of a penny. Spudding must happen by end of March 2015 ! - RMP is finalising a new deal. Maybe we will hear them anytime now. so, at sub 2p now, its a bargain and absolute BUY !
I am not his biggest fan....but you can't blame him for Puntland and RRL messing up finances on Georgia. But he now has to deliver a nice project.
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