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Cash position again..try harder. Just raised 2.8M last month on top of 2.5M in the bank lol! It’s getting a bit silly repeating the same old without knowing anything about companies cash position.
I can't remember over the last 16 years any junior oilies that have found oil most find dusters
You may well be right. But rmp cash position means they must do a placing at mates rates if they wisb to be part of more work. Is that the potential upside they mean. Doesn't sound good to me. Sp o the floor and bandys record of dusters means any placing will be at a massive discount. Great upside. Not.
Absolute tosh !!!
Correct me if I am wrong, but reading the details of RMP's involvement with 88E, winx1 appears to be one of four leases to be explored.
Watch and learn..you maybe about to get a lesson lol. Keep watching..they’re will be a correction.
Are you joking? What potential upside is there? The RNS said the well was plugged and abandoned and there are no other real prospects for RMP.
Comments like "good upside potential ahead" sucker in those less experienced investors to create demand for shares and drive price up to create an opportunity for more experienced investors to get out at a better price. You see the same language all over these LSE boards (potential, tick up, boom time, wouldn't want to be out over the weekend etc etc)
I'm out at a loss, it was my first share in an oiler at such an early stage of exploration and I only gambled what I could afford to lose but it still stings nevertheless. Could have stayed as the damage was done but had I done so I would today be looking at walking away with half of what I did earlier in the week.
In my opinion this company is finished and only the foolish would invest here.
Time what do you see? Rmp were a one trick pony. No winx leaves some crappy offshore gas thats been hanging around for years. All thats left is a bit of cash that the directors will take in salary. No forward message after the duster. Your just hoping to rope people in so you can trade it. Thats my opinion.
Took a few here today and also some CAB. See good upside potential ahead
gprd
slight error
the BoD asked for a brandy
cat
i have not gone through all the posts yet
but let me tell you all this story
i got it from the horses mouth
when i was younger i would throw my last few quid on a horse race
i was lucky once 147 to 1
a friend of a friend who knew this jockey at newmarket who provided him with
inside information and a dead cert was going to show on the 3.30 race
so i got a friend to ask a friend if he could talk to the horse it self not the jockey
he did this a said the horse had personally told him that he ( the horse ) would
be the first over the line....it actually happed the horse was first over the line
but my bet never paid out
bill berg the betting shop told me the jockey had fallen off at the last jump
so remember things don't always happen the way you think they should
lol cat
Good post ranger- agreed
The TD RNS should never have made any link with nearby drills, this was very misleading. He should have waited until they knew what they had before making any link as many piled in on this point.
Hell yes Bandy will be their man at the top, he is an expert in finding oil! First he magically turns oil into water, then he finds a working petroleum system and does feck all with it for years then picks the only duster in 27 drills in the oiliest place on earth!!
You really couldn’t make this crap up!
He should resign imo, as after the disgraceful contradictory deliberate misinformation issued within the 3 last RNS's he has zero professional credibility left. As CEO of 88e and operator for Winx, the buck stops with him for all information released within the RNS's related to Winx operations and results. I think those hanging on for some fantastic deal with Icewine are going to be very disappointed. I wouldn't trust this guy at al,l I doubt if any other major company operating in Alaska will want to go any where near a deal with him after this farcical fiasco. I would never invest again in to 88e or RMP, unless for a quick trade only.
All in my own opinion of course.
What's left to buy?
I heard the same, and they going to make Bandy the top BOSS.
very diluted. :(
i'll wait til the morning .....
Same source that was on twitter a few days ago quoting a 140m oil Colum?
What is left to buy?
A friend from work who is heavily invested in 88e . I’m not sure where he got the source from but we will see in the near future no doubt
Well it won’t cost em much, there’s sweet f-all to buy. Bandy a position on the board of 88 happy days. But it’s a rumour so....?
Ha ha ha ha ha ha ha
Explains all the buying at these prices, it’s very controlled
Yes I was caught by the hype over puntland, sold 35% at around 40p intending to sell the rest but changed my mind regrettably. Bandy should not be trusted, hence the reason I sold out this week early. But there’s enough mug punters who will believe him, he’ll do it again of that I’m sure.
All I can say I know someone that works for 88e, seems the word has been getting around as I was told to keep it quiet but now someone else has mentioned it.