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My guess is in the future we will get another fundraise because yes we have money at the moment to tide us over but should the forward plan be to drill Winx 2 in the next drilling season or drill in the Philippines after the 3D has been analysed then there will be a need for much more money. I think I'm going to sit on my substantial paper loss and wait for a fundraise to average down, fortunately my average is only 4p anyway so it will be easy to average down to a good level for the next phase of RMP's future.
We are all guessing at what's next ….... truth is we don't know anything until the BOD tells us its next move. The SP is so low its not worth selling in my view..... With that in mind im holding here as the slightest bit of positive news that comes out will add to the SP. They must of had a plan B in case things here were not successful. Wait & see my view.
Bigbench, unfortunately Bandys never had a plan b on any of his previous dusters so I wouldn't hold my breath. His usual MO between dusters is to draw an overinflated wage (way over £100k if I remember rightly) wait a few years and then pick up another random asset that he can then fundraise against before the inevitable duster happens. Rinse and repeat ad nauseum and you have the history of RMP. Best of luck but those trapped in after the Philippines drill had to wait 3 years before he picked up Winx.
Aye correct HH..and note its always in coherts with the WA mafia,usually OTTO..Thats the risk of a binary bet like this.You don't stand a chance with the old good RNS,bad RNS routine either.Bandy will be in no rush, he`s gone to ground now, be lucky if he re-surfaces in a couple of years.Heading for 0.5p now
I managed to get 2/3rds of my cash out that I had given up hope on. Was it skill, no, I had a tax bill to pay and it was my most profitable share. cashed out to pay the tax man, bit ironic!! the rest of my shares are sh*te.
regret the day I decided shares were a good option!!
Islandgirl....0.5p was always going to happen, I’ve been researching Rmp prospects, 0.5p and lower is a defo here, shame but that’s aim.
There is no defo in life lol..gla
What a load of crap, but I would like it to stay this or lower unit next Friday when I'll havea few more grand to top up.
So yes it may take a week or two to settle. .
Lat there are two defo's in life, you are born and you die
It’s nowhere near 0.5p lol. Stop kidding yourselves!