I agree, at the start of the drill it looked like we would be done in two weeks from spud, now the mood music from RMP takes us outside of the heavily muted drill slot of 23 days... I will wait for Otto's news rather than rely upon a bland holding RNS from RMP this morning.
‘Current operations involve the setting of 13” casing in anticipation for drilling the 12” hole to the primary target reservoir.’ You would have to expect that the target reservoir will be drilled into in the next 24 hours or so?
How long will it take to identify hydrocarbons another 24 / 48 hours of logging? I would be surprised if there was no news this week one way or another.
It looks as though we are back to Mr 200K dropping low orders onto the book with direct market access (DMA) essentially shorting in my opinion.
However, they are probably reacting to the news from RMP this morning that no more updates will be given until next Monday with results likely in two weeks, my feeling is that's a brave decision to base your trading upon RMP news who are not the operator, as Otto could update the market whenever they want too and we will just play follow the leader..
I've said it before and I'll say it again I'm pretty sure there are massive organised gangs of traders on these bb's that buy heavily into a share then ramp it to death and then sell up in unison at once and take the profit and then even probably even short it and earn even more on the way down. AIM is corrupt. What chance do we pi's have I ask
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