RE: Oilriches1 Jul 2018 19:31
Yep, I have given up on trying to get in shares early. Great example is RMP where irs 3 years until a new asset announcement. In the next 3 months Rmp should start to gain momentum and it’s nailed on that a placing will occur as when the bond is paid the government will need proof of ability to fund drilling. Phillipines will be relinquished, Georgia has shown nothing is coming off that and the blocks via and vib are now owned by other parties. Alaska is a good place to do business but this is again wildcat drilling that has 70% chance of not finding oil. It’s a play on anticipation but with Greg bandy at the helm it’s a poor investment