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Its hardly ramping saying you hope a share GOES UP & the wire-logging shows huge recoverables if you HOLD the shares..
Most Shorters would say the opposite ...
Well said bricks
Last Friday when I smacked down 10k on the fall, I was getting warned, youl be trapped in for 8years, how daft blah blah etc...if you full of negativity dont buy and move on, simple.
88E is blue!
Right on que there they are
Could we hear early next week on the progress of the tests.
Well some saying Monday could see some update.
Your dad?
Just waiting for a particular poster to start posting like mad ramping here. Any guesses who that maybe?
She's moving
Fair point, but depends when he bought in I suppose. What I put in RMP for Puntland is now back in profit, not massively but after years of it being a write off, positive territory is good. RMP were literally worthless for me as I live in Oz and they were delisted for some time here due to lack of business activity.
Personally I feel very positive about the outcome, although, until they confirm an outcome there remains a possibility of bad news. They seem to be being cautious in a let's not over egg it until we know for certain, rather than let's put a positive spin on what we think is probably a fail.
There's been much said about the RNS that tanked the price. I think they may well have drilled through that interval and seen the cuttings and LWD and thought that this might be the primary target and that was all there was. Hence, they released the news they did, as the seismic could have been out by a 'few' feet. Then they drilled deeper and realised the seismic was, kind of out a tad, in so much as it had not predicted the additional interval of low quality above the primary target.
The next few days should be very telling as if the wireline logging shows its just water then they will know this imminently. Thus, if no bad news by Monday, I would say it safe to conclude that it's oil and the interpretation will determine just how much.
good question dakad and one i have asked myself,cannot come up with the answer though,maybe some placing shares still being sold off,who knows,i dont.
If I’m not mistaken and you believe the prints we have had days of much higher number of buys than sells, where on earth are all the shares coming from and why does the sp fall?
all showing as sells,no manipulation there then eh.
I was here in the Puntland days I had £3k invested at 22p average. it's now worth £600
so you've done something very badly wrong if your £28k investment is worth £400
All buys triggered at AT as well
5.55 250000 AT 5.5 5.55 08:02:39 250,000
5.55 250000 AT 5.5 5.55 08:02:45 250,000
5.35 250000 AT 5.25 5.35 08:18:08 250,000
5.35 250000 AT 5.25 5.35 08:18:09 250,000
5.35 250000 AT 5.25 5.35 08:18:14 250,000
Maybe we will follow suit!
russ
great story
so much bad luck
i did not appreciate the chinese restaurant bit
hope you son brings you some fish when he comes to visit
you did not sell because you needed more money later
to buy your granny a new car
cat
Freaky....I’m remember the puntland drill, in the middle of nowhere, found 20metre of oil, that part of country surrounded by terrorists. I remember it well for all the wrong reasons, sold 35% at around 40p was going to sell the lot but changed my mind, and lost money! As for posters on this bb and others bb don’t trust anyone, they’re there for their own ends, buy n sell when you want, not when others tell you to.
They found what they were looking for, multiple stacks of potencial oil layers,in a place that is full of oil all around.Usual thing after drilling is if nothing is found is plug and abandon,not happening here is it.The potential is enormous could be another Horseshoe for all we know.GL to everyone I hope the logging turns out as expected.
trades from this morning !!
Just behave.
I have sympathy for that guy, what's wrong with you.
Im no machine, I'm human with sense and conscience.
RMP is in one of the most Oily places on planet earth.
I am just transferring knowledge and information to that fella.
It's called Remind. And reminder benefits the believers. (if you believe oil under Alaska ground).
Now scientifically testing being done to convert believe in to FACT!
Multiple 500K buys this morning.
Follow the money.
https://twitter.com/sadaatumar/status/1103964973104025601
https://twitter.com/sadaatumar/status/1103963964831084544
Wireline logging is in progress to identify the optimal pay-zone to be flow-tested. This looks good to me. Gross pay-zone is 234 feet, and even we get 80-85 feet net pay-zone (30%), this is will huge. HS net pay was 150 feet & HS-sidetrack net pay was 100 feet.
Recent transaction b/w OSH & Armstrong was at $3.1/b, when Oil was <$40/b; even if value RMP at 50% discount of it, RMP still be valued at $190m ~£150m = 28p/share (400-450% upside from current value).
GLA
Rusky:-) Too funny!
I was in RMP, Africa Oil and RRL during Puntland drill remorgaged my house, sold my cat to the local chinese takeaway, took my granny out of her retirement home to save on the fees and insisted she went working down the local coal mine. Had to stop buying Hovis bread and started to eat gravel sandwiches. Sent one of my kids (the one I never liked very much) to sea as a cabin boy on Russian trawler. Still haven't recovered my losses today. But I'm holding here even though I could of sold at 7.45p (5 bagger from where I bought RMP only 7 months ago).