Hey everyone - not posted on here in a long while, despite still having a few bottom drawer shares in RMP. Have to admit I thought GB would have found a new asset after Hawkeye by now, but with the benefit of hindsight it will have been 5 years this summer since the puntland duster and 2 years this summer since the Hawkeye drill. So if GB repeats the same timelines it could be another year until something is secured.. The other concern I have is that if GB is looking to drop in £2/3m then chances are it is going to be a more speculative rather than a high quality asset. Although that will suit his way of operating, keep the company running and earn a salary, do an odd speculative investment and raise some capital off the hype, rinse and repeat. If GB had something about him he'd be looking to bring in an idea generator, buy a proper asset with a capital raise and try and build a business. But for the aforementioned reasons he is rightly or wrongly not interested in that.
Have they ever been in possession of a decent asset.....I mean EVER???....Other than being recognised as a lazy bunch of pr*ts, does anybody in the firm actually have any record of competence in the oil industry that would entice a JV partnership (because no-one appears to want to know them)?......and what do they intend to do for the next two years or so (apart from drawing wages)???..........Sounds like a good firm to work for.
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