Member Info for Brombarb

correct

Brent $79.11 (08:15)
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4.6M or 0.08% traded overnight

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V111JAS thanks, RMP no interest to me apart from the consortium but sure MA & DW have things tied down.

City VOX Markets are recording so hopefully we will get access to that quite quickly plus an official transcript.

giving plenty of time for questions;
Format: Presentation by Wall (20-30mins) followed by Q&A (45mins)
plus likely to stay after for informal meet, I added the last bit.

Yes Dave is not a "proper" MD by AIM standards he is willing and happy to meet shareholders and look them in the eyes, no one forced this presentation as far as I know :-)

mikemike SP seems to have risen :-)

if anybody wants to check the SOA recorders office they will be able to see initial legals relating to the consortium are now completed.

Problem is an initial post that gave bad information, gets corrected from easily available source and hey ho we have an argument, everybody is free to have an opinion that does not mean we need tolerate inaccurate posting.
May have been a genuine error but the true answer was not hard to find, does anyone really imagine Mattie Allen let alone Dave Wall would not have assured themselves of the finances of RMP.
Most importantly we are the operator and we will pull the strings.

"The well is estimated to cost approximately US$15 million (100% dry hole cost) of which xxxxxxxxxxxs share will be US$5.25 million. There is also a performance bond of US$3 million (RMP share US$1.05m) to be posted to the Alaska DNR by 31 July 2018. The bond will be refunded if the well is drilled before 31 May 2019. The Company expects to fund cost of the bond and drilling of the well from its current, strong cash position. xxxxxxxxs working interest will most likely be held through a soon-to-be-incorporated, wholly owned subsidiary.

kdogg20 I am sure DW is not in London just to give us shareholders a light show, so must be more to it, wish I had a crystal ball :-)
Easy to be an un-invested pessimist, you can spout as you like and if success happens just slink away, or change your name
If you are invested its your hard earned ackers at risk whether you are a glass half full or half empty person so it can be tough at times, Like you I wish DW was in a position to offer some real certainty regarding the Q1/19 programme.

Brent $77.86 (10:22)
http://www.livecharts.co.uk/MarketCharts/brent.php

if sustained good news for us

Planned Activity
Finalise Icewine 3D interpretation and farm-out 2H2018

still have 111 days to go then, permits in place for wells and ice roads.

that is all we know.

"Farm outs are the next stage, so basically we are saying we cant affors to do it ourselves"

who said that!

a bird in the hand is worth two in the bush and I guess that is how much of industry will see conventional versus vapour phase, particularly conventional with Dr Stephen Staley at the back of it.
Not studied full the presentation be unlike Dave not to slip an odd one liner in, such as the halffraclengthAnisotropy thingies that most miss.
As for a cut off point guess there has to be one but who knows and remember permits for Icewine conventional drills and ice roads in place.
1.75 b barrels of oil off conventional oil, the prize is there for the taking.

nutsy yes but after the bank takes its fill it nets out to less than $2M, also a question mark as to when will be paid, repayment scheme passed into law for this financial year but a vexatious legal case that will likely be thrown out has delayed process.
Details of legal case available in SOA website

page 3 first paragraph - Yukon gold gateway to the ANWR but also adjacent to EXXON, ENI (Caelus) and with proven oil.
A potentially valuable acquisition particularly with modern 3D.
An open mind, a bit of blue sky thinking :-)

strongly suggestive that a rig move is getting closer, but that is obvious :-)
thanks again, paints a picture as to what is happening at Wick.

cat after a few pints!
one thing I know is getting morose and angry won't change anything :-))

https://www.askideas.com/media/08/I-Saw-A-Carrot-This-Big-No-Lie-Funny-Rabbit-Meme.jpg