Indeed mate, funny how he disappears when even the slightest bit of positivity happens. Mark my words he'll be on here shorlty talking about historical stuff and will claim that these deadlines are p*sh, etc, etc, etc lol.
Stew no the cash position is not lost on the real investors here, like you say we are more or less valued at our cash in bank which is a ******* joke. That said our Puntland assets are highly risky and may take time to bring us the news we want. The nice bit is that Georgia is starting to move again and even some good news here will easily boost the sp way beyond it's current pityful level.
Let's remember that Q4 is not that far away emperors and even if it ends up being the end of that quarter well that's only December so not bad. Always good to have drilling on the horizon and that is now confirmed for Georgia and "clearly" (Hi Arminius) they are still working towards more action in Puntland, who'd have thought eh! Next 12 months could be interesting and we still only have sub 300m shares here, even with a further dilution of a couple of hundred million this will have massive upside, don't forget that.
'The economics of this project are being prepared in association with GIG and also in line with Government permitting requirements. It is expected that initial drilling will commence in Q4 2013 after the results of the studies and the site identification process has been finalised.'
Yes sorry there,thats true a while to go yet,should have tests done soon,and my guess is that they are already on site with the equipment to drill in Georgia (45 days),think we will see another rns before end of may possibly on both they say second quarter but rmp dont hang about when they start,happy to invest in rmp for the a nice return in the coming months .gla
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