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Start with core samples, they would of known of clay, permeability.
Turned over here big time,
You took the gamble and lost . Tough . Invest in bluechips and even they fail sometimes . Stop moaning and face up.
We still have 37.5% steak in the Philipines according to the RNS
Very sorry to see this news this morning for shareholders. Not a holder at this time, but hope everyone recovers the loss at some point. I would switch off today, as this board will do you no good reading it as trolls and told you so will descend on here in numbers. If the loss is large, then a suggestion of taking a week off the markets and gathering ones thoughts will help.
Again sorry to hear the news today.
Anyone know what rmp actually have now after winx to try generate any value? I can’t see anything bar winx and we don’t hold any license that I can see, we just farmed in
just to clarify that statement was from PANR this morning:
Im trying to recover loss here and feel for me this is the best way GLA
Top share picks I will be getting legal advice on how to proceed with a case against all partners with regards the misleading information provided by the company. The second RNS advices caution but that does not make up for the lack of information in the Friday RNS or the comparisons with a nearby well...!!! Standby Mr Bandy and co..!!!!
oh I know you need a multibag which is why im pinning my hope on PANR sell tiny holding RMP and 80% loss but buy PANR slightly down also then hope PANR get lucky in any number of its locations 40 miles east!!!
The Winx prospect where we have a 10% carried interest with an additional 10% back in right, is wholly independent of the other large appraisal projects and exploration prospects in the Pantheon/Great Bear portfolio. These other six projects, where Pantheon has working interest positions ranging from 75% to 90%, are all located in our core area approximately 30 - 50 miles to the east of Winx, near to the Trans Alaskan Pipeline, and have a combined P50 Technically Recoverable Resource estimated of 1.7 billion barrels of oil. Alkaid, drilled in 2015 and suspended due to regional flooding, is testing currently. Shareholders will be aware that wireline logging (and sidewall coring of the ZOI horizon) took place in the Alkaid well in 2015. The data collected and analysed from that historical activity drove the decision to proceed with the current testing program. The Alkaid is targeting the West Sak, Ugnu and ZOI formations all of which are completely independent of the results of the Winx well. We will of course report Alkaid results upon the conclusion of testing operations."
this is what will happened after 0800!!!
Oops. Posted too soon lol. I won’t be doing anything in the first hour or two.
Getting out
Thank goodness I bailed out on time
Top share picks I will be getting legal advice on how to proceed with a case against all partners with regards themisleading information provided mynthe company. The second RNS advices causation but that does not make up for the lack of information in the Friday RNS or the comparisons with a nearby well...!!! Standby Mr Bandy and co..!!!!
If you ignore the wild ramping (which people havent) and read what the company has published in RNS's then you can see there is no fraud or lies it's an exploration well which is risky, and proof that they rarely come in.
oh well, back to waiting to see if RMP will ever do anything again!!
Very true bigbench but still hurts. Will now throw everything at Greatland Gold which will recoup my losses here over the next year.
If anyone blame 88e as well operators for their initial interpretation....we just followed along.
Bigbench it’s the underhand and corruptly way it’s been done misleading investors tyts got most people’s goats up
Get out on the bell and don’t look at this dog again..
Bandy’s done it again.... screwed people, once no rns yesterday I could smell a rat....
....why everyone is blasting the AIM...this was a pure win / lose roll of the dice for a small AIM oily which has no other fingers in any pies. They drilled it had positive sign but caution was advised...I didn't listen either... And we all know nothing is in the bag until till we see the words commercial flow rates.
It's not the first time this has happened and it won't be the last I can assure you but it just emphasises the risk reward ratio we deal with. .....If you are happy with a safe 1% per annum on your savings then bore yourselves to death and leave it in the bank but nobody here can blame RMP for trying...I'm sure they are not popping the champers this morn either. We have to sup it up and move on....plenty more multi baggers out there for us. If you have your complete health then you are the richest man in the world.
Just don’t sell mM no choice will take it up
The problem with that is getting out this morning. It will be a bloodbath. You’ll be lucky to be allowed out anywhere above about .7 At that point, you’d have to seriously multibag anywhere else to recover. Imo let the dust settle over the next week or so I will be hoping a FO on my 88e will save this one but then I have lost all trust in the bods and aim
some here are in major loss mitigation and should act to recover as much lost money.
I stated a while back I was getting out and reducing risk I did and moved to PANR mainly because it has another well ALKAID flow testing in tandem with WINX albeit a different location. Now my reason was simple PANR have more funds and essentially a bigger safety net. I am MOVING what little is left in my RMP holding to PANR in the hope ALKAID will be a success and recover the relatively small loss here.
This reminds me of Desire Petroleum that issued an RNS stating lots oil buyer flocked in WHILST INSIDERS were clearly selling into the pump then the next day it was WATER shareholders were wiped out.
RMP 88e and PANR all issued news that appeared bad tanking the SP BUT remember the SP was by then a 4 bagger prior to news. Then issue pumped up RNS to say lure in investors in the intervening days they are clearly selling into the pumped up share price again.
BOTH scenarios enable insiders to bail out!!!!
Won’t be as bad as a 1p, will recover. Get into BBSN results in a few weeks. Safe tech company