Member Info for oilriches

Gbp are worse than Rmp believe it or not

Lol the next excuse will certainly be in advanced stages and will fall off the radar. It's time for him to cut the waffle and do a deal

Hi cookie. Do you hold many here now?

The quarterly report next week will be more of the same spin and being fiscally prudent. I suspect the difference will be they are in advanced stages and will be updating the market in the coming weeks.....3 months later it's back to square 1

Lofty I don't think bandy know how to run a company, hence the lack of anything. I have been tipped off that Georgia block Via was terminated in June 2016 and both range and Rmp claim sales negotiations are ongoing. This is not possible as the blocks are now owned by another party. Even though Georgia was worthless, it goes to show how much the Rmp management get involved in anything.

After the next roll of the dice, I will not buy back into RMP or a company associated with Greg bandy

We have over 9% of a group now. I suspect we will get a deal this year but it might be a deal in a different sector, who knows

Yep something needs to happen here

On the bright side someone is buying today

Good luck mate. Looking at the sp and spread, it looks like the next bit of news will determine if this goes back to 1p or 2p. Sirbob is the man with the targets.

Fair play to you cookie. I don't see any threat of losing everything when the cash and low overheads. It's clear though that this company is being run to favour directors and not shareholders.

Hi cookie. Not really when they have all this cash in the bank and it still underpins my buy in price. Georgia is one big farce that would see any CEO walk, I'm sure this will all come visible soon. We know the next quarterly report will state we have looked at many assets and are in final negotiations for an asset and look forward to updating the market in the coming weeks. 6 months later we still are at the same position. The time I will sell is when the cash falls below £5m....

Yep it's pretty crap and Greg bandy will ultimately pay the price with shareholders.

I held new to near the end and sold when the rto took too long. When circumstances change what would you hold. The same applies where, it's a hold but is subject to change. If u are unhappy here just best to sell up and move on

Probably year end.

This time next year lol. Question is will you sell at 3/4p this time

This will probably start to fall with the oil price now.

That shareholders are requesting a distribution of the cash pile Rmp have. To wind up the company now we would get 1.5p a share

Have to agree it's been a poor 5 years

Sirbob. Some of the deals failed early this year at no fault to bandy. I'd rather he got an asset that's going to rerate the sp, than rush into an asset that the market dislikes. It's all a gamble but I get some comfort knowing that cash in bank is over the current market cap. It will come a point in the next few months where I will reassess the situation. I admit this company is extremely poor at times of no activity.