Member Info for Latino

Correction around $5.6M available. RNS confirms company has no funding issues and is well placed to press ahead with evaluations. Also, process of $1.05 refund has already begun with all obligations already met, so it shouldn’t take long before we have this..gla “..RMP is financially well placed to proceed with its evaluation plans for the Western Blocks and continue its ongoing evaluation of other opportunities, with a current cash balance of approximately AUD $4.6 million (excluding the refund associated with the performance bond). The process for the refund of the performance bond (RMP share USD$1.05 million) has begun, now that all obligations associated with it have been met.”

Yes - excellent news and some hugh correction in the morning..and shorters and derampers heading for the exit! Confirmed financially very healthy with around £5.5M and valuable data in hand... ‘Along with the joint venture partners, RMP is proceeding with its plan to further evaluate the Nanushuk potential of the Western Blocks by using the valuable data obtained while drilling Winx-1, as well as potentially reprocessing the existing 3D seismic data’

Agree just get the placing done..rather keep stating this x3 in rns’s. It’s like toying with you. It’s not as though they’re raising hugh amounts, it’s trivial amount in the scheme of things. One thing for sure, once they announce this should fly..as risk removed.

It’s just the way markets are these days, this will re-rate in time.,,patience is the key.

Yes, hope it’s good but we need to see the detail...and with MA!

Silly bod why release that rns? They told us in the last rns about funding, either confirm placing or wait and release rns only when placing sorted. Waste of rns and gives derampers further ammunition...

What a silly post...what’s the point of any company if they’re not in it to make money lol

Causing panic to get cheap shares..don’t panic this is due a hugh re-rate. It’s not everyday you hear a micro cap in such a high deal with a major like Glencore..gla

As suspected much panic for nothing..it’s probably timing of rns before close that caused the selling..roll on next week.

Derampers out in force here in the afternoon..and profit taking day for traders. It’s is a mega deal for a micro cap company...this /“should bounce very strongly next week. Gla

Don’t think so..no one could buy below 1.5..

Gutted Missed the news over of KDNC, ah well this will trump all on right deal and approval..no doubt over to you CEO!

What’s your source?

Agree, risk of non-approval is now significantly reduced with engagement with FDA

Lol why 5p, try 1p...if you really want to deramp!

Is that what you would have said after yesterday morning rns? I guess the answer is NO...!

So now you know it all so you ‘placing soon’ lol getting desperate now...close your short!

Feel sorry for the shorters posting earlier as this is now it..see they’ve disappeared to close their shorts lol

Who knows in 10 weeks, but the SP is itching to get out from this range. 10 weeks I’m expecting for this to get to SP before the FDA letter, and after approval into orbit!

The SP was only meant to gain a modest rise yesterday, your 10 year experience would tell you this from the rns. But rise yesterday should tel you something happening in background and some leak hence heavy buying..gl