Member Info for gotabesirius

Correct. And orm also gets a �1m per annum payment for running the mine from the JV. Once they go up to a seven day week annual production leaps to 360,000 mtpa

$2m per month minimum. On a company of this valuation it's a gift for any private investor medium term barring world war 3

When are you expecting the next update? Cheers

Following copper spot!

How many do they have? Thanks

Most are going through NEX exchange guys

If my gut feelong is right we'll see a major acquisition with our growing cash pile. Price will be determined by scope of deal. Time will tell

At 20p. This will imho be 30p again within a month. Look at monthly fcf, upcoming newsflow and cash in the bank. I think we can all guess what news is impending.....?

UEN is heavily indebted and has failed to deliver any profit from operations. RPT on the other hand will have possibly over $30m cash and probably adding around $1.5m per month at the current oil/gas price. The leverage of a huge cash to market cap ratio is that the company has the prospect/opportunity of major developments through asset purchases or jvs. Additionally, the cash allows faster development of current assets and increased production as we've already seen and will see going forward. Then add in the new man at helm and his Remit from the company owners of 'fast growth' and you can see why so many big investors are very excited about the prospects for 2018. With near term catalysts and successful drills/workovers I'd be disappointed if we don't see 50p this year.....aimho

The company has raises �3.75m since year end figure you guys are quoting. What a bunch of whollies

No they definitely haven't MT

Read up on the guy in charge of the company......... That's why I haven't sold a bean yet...tick tock

Mix between gas and condensate

$30m and adding $2m per month fcf. No debt, another workover pending with Ukrainian partner. All good. Key here is that the shareholder which owns over 50% of company paid way over 30p for their shares...

Are they drilling this month into a thick oil baring horizon?

at 28p.....

Is where you need to look for an exit point....imho

wait until we start drilling VAS - 10 this month. Then the crowd will arrive....if they can find some shares to buy!

Given potential for take over and the price largest shareholder took their stake people need to reassess their targets imho

This should start strong tomorrow. Theres a major buyer here. Food for thought....this was subject to a takeover offer not all that long ago at over 50p...