Member Info for Shakeyerbooty

With respect tsp,according to GB at the UK Investor show,he believes nothing is currently priced in.On a successful well (i.e 126m barrels net to RMP) a share price of 20-25p would value the find at approx $1 per barrel.Considering we are in the oiliest place on earth surrounded by majors,I would suggest that is very very low.He has stated we could explore further targets nearby.We could be a target for T/O or indeed we could go into production,in which case we can start to look at revenue figures,profitabilty for anything over $40 oil price and indeed a p/e figure.
All hinges on the drillbit of course,but the geology and seismics seem to be very good.This can move very fast as shares can be difficult to buy in large quantities.I think you'll be surprised.Let's hope for good news in the next couple of weeks.

Somebody calling themselves Antoine Bechamp.Just google #rmp.

So they are aiming to complete Financial Close by the end of Q42019,as previously stated.
Where have they previously stated this?

Not bopd,should just read barrels of oil.

at the UK Investor show (somebody posted a link a few days ago),he replied to a question about the $3.10 pb value in the ground and implied that it would now be higher as oil prices have risen.
Assuming the success case of 126m bopd net to RMP and let's say a value now of $5 pb in the ground that would give us $630m value (approx £484m).At current shares in issue of 525m that would give us 92p per share.
This shows the potential multi-bagger here in a success case and that's just if the drill matches expectations.Of course it may exceed as others have or we could be the first out of 27 not to succeed.
Looking forward to positive news next week.We could be down at 2000 feet now.

Trump will increase US trade with us so we can replace the Japs with the Yanks.

Nice £28k buy there.

From RNS 31 Jan
The structure and timing of the funding is to be jointly agreed between the parties in the near term and the Company will provide a further update(s) in due course

And Drillbits is the opposite of Atkins.Why would progress and receipt of pre-development funding result in a further 50% reduction in price? Talking BS.Plenty of news due in next few weeks/months.

If Iclaprim is approved,the market will start looking forward to the proposed route to market/licensing deals which will inevitably happen IMO.It's a multi billion dollar market just in the US.MTFB's share price will increase thereby increasing the value of AMP's shares.People seem to be concentrating on a one day spike here when the real value will come with licensing deals etc.From past experience this share can move quickly.

Timster-I agree with Kensington regarding AAOG.Here is an excerpt from the 27 Dec RNS

The Company has observed oil and gas shows throughout the entire 50m of sandstone beds encountered. Hydrocarbon pay thickness will be confirmed by wireline logging data and pressure points.

It confirmed the geological model after which the price started to rise.
I think we'll see the same again here on evidence of 'shows' as it's such a prolific area.

Best time to accumulate when it's quiet.It will get busy again soon enough.

I would think we'll get quite a few over the next few weeks/months.

There are many co's out there with debt.The main thing for me is that that debt is serviced.If Iclaprim gets approval,there are peeps on the MTFB board talking about m/c in excess of £1bn (with licensing agreements,deals etc).That would give MTFB a share price of £3 approx based on current shares in issue.AMP's 8.8% share would be worth £88m (if the same shareholding was maintained).Subtract debt of approx £21m leaves £67m.Divided by 210m shares gives 31.9p per share.
Once approval is given,hopefully,the market tends to look forward,so you can see why,given the tight free float,that AMP moves very quickly.If you're positive on MTFB then you have to be positive on AMP.Everything depends on approval.

So clearly Northern Explorer,you are attributing no value to AMP's other holdings which is pretty stupid if truth be told.

Sorry,meant for AMP board.

As some are suggestingToday 15:21that the market for Iclaprim just in the US is $2.4bn,then one can easily imagine MTFB reaching a m/c of $1.5b (£1.15b).If we maintain even just 8% shares,then they would be worth £92m.Take off debt and divide by number of shares and you can see a share price of 30p here and that's without any other investments.Easy to see a multi-bagger here on approval.

that the market for Iclaprim just in the US is $2.4bn,then one can easily imagine MTFB reaching a m/c of $1.5b (£1.15b).If we maintain even just 8% shares,then they would be worth £92m.Take off debt and divide by number of shares and you can see a share price of 30p here and that's without any other investments.Easy to see a multi-bagger here on approval.

You know where he is (AMP).

The 0.7824's just gone through are buys.