Member Info for SirBob

I think all long term holders couldn’t agree more and can feel the emotion in your post we all share. But as you say he has been blessed yet again, finally with a realistic drill prospect unlike total wildcats of Philippines and the debacle with RRL.......so maybe, just maybe, RRL will go from suspension (ASx) to glory in a year.....we’ll see. .....certainly best chance yet....

I’m 600 quid a point long on IG......took out sometime ago...but even then they were limiting bets....

Great post.....total agree with Bandy comments. Absolutely disgusting that a man who has fleeced shareholders for years awards himself these options having only ever bought a few grand of shares himself.

Sadly all oil boards read the same....amazing asset....undervalued....vilifying of any words of caution....this is no different. As it stands RMP for what ever reason has had a muted response to the new ‘asset’.....I say asset loosely as ultimately its a drill opportunity with 25% chance of success......the drill in Philippines saw a high of 5.5p with less shares before retracting back to 3p after dilution and during drill. I remember last time well, as people saying will fly on this permit or that permit coming through.....the fly never came just dilution and pull back during drill before a rise to four p the Friday before the Monday when a near enough duster was announced and a fall below cash value of 1p. This undoubtedly looks a reasonable drill with a 25% chance of success I believe.....and risk reward is amazing......so ultimately maybe whether to invest or not depends on type of oily Hunter you are.....many get in for hype and always sell before results.....others wait for drill results where if successful could be phenomenal..... I still based on share price moverment on Last drill and dilution see a 3p top....so plenty of growth from these levels .....but agree this is AIm so 4/5 ain’t impossible....so if your a run before drill investor I would certainly hang around for 3p or more area (where I think he’ll dilute), but if holding for drill, fill your boots ‘as potentially Rodney this time next year your be a millionaire!’.... What will be interesting to watch in weeks ahead is if bond or relisting on ASX does boost share price....so often these things don’t, but these hold a bit more substance than usual permits etc

I think that’s why Bandy bought in Exxon guy as he knows his reputation precedes him. Orca kicked him out. Hope Exxon guy has some balls

Intrigued to see where this goes.... Looked through load of old RNS’s found the 5p placing last time.....which effectively raised money for this drill...more shares now....so still foresee a placing around 3p area... Potentially better asset than last time which was a real wild cat drill.......that may see it get to 5p along with Exxon guy, then subtract 10p a share for Bandy handicap - lol!! But promising rise today certainly.....long may it continue

Unfortunately for oilys fund raising is par for the course, for Otto drill /phillipines, Bandy had fundraiser from Somalia, for this drill fund raising was done at around 1 to 2p level....I seem to recall there was two done around Otto drill. I’ve no problem with Bandy fundraising as it’s needed for future projects, it’s the time he then takes between projects, he must be the only MD ever to have two companies on Asx suspended due to inactivity. Hopefully he will do a good PR job on what looks like.a good drill prospect, as lack of trades certainly demonstrates something is needed to kick start it here.....and make investors see it’s a better prospect than last that saw a share price top at 5.5p

Can’t win either way really, if I’d lost money, I’d have been accused of being bitter, I made profit after three years- so accused of gloating...as I say a no-win. .but firstly it could have gone the other way and still might, head right on up past my 3p expectation. Secondly I have told no-one they will lose money, as 3p is above the highest buy in of late. My share price target has logic as does why Bandy will fund raise- as most CEO’s do....I suspect Bandy will be aiming for a higher price before fundraising if he can.and my warning was, if/when it does, don’t get carried away with rise as history/normal procedure says he’ll find raise. Plus two other posters have concurred with me and you’ve said nothing to them . As I say, my children still have money in here and I care more for their investment than mine, so very keen for this to perform .

Mmmm.... I suggest you filter me mate....incidentally not one insult towards you personally, unlike you have to me for all to see....I have 1500 posts on LSE over the years most on here....so good luck in finding more than three that mention other shares apart from discussing tips with other posters. Hope your RMP investment comes good. All the best Bob

Good thanks....I’ll take a look at those.....good call on Matd....I’m gonna sit out a few drills first before deciding.... I still fancy NIPT, just UK patent right compensation hanging over them, but once gone all looking good, so a 12 month play.... I may buy some more RMP should we see a bit more retrace.....but like most who’ve gone before very nervous... I just hope new CEO doesn’t leave three year breaks between drills like GB....

Hi mate, how you doing, what you in currently? If you dare say......without being accused of ramping?

So a mention of Matd, oh my god, I said it, accounts for numerous ramps of loads of shares ....lol...pathetic....I’ve made numerous positive and negative points on matd...and have no agenda as you put it. Sadly like many oil boards the slightest air of caution and some investors ,namely you, go ballistic and start saying ‘how dare you say a negative’. So positives - at cash value, will likely go higher pre drill Negatives - gregg Bandy and dilution Track record But agree with previous poster, will raise at a higher price than now...(or is he not allowed to make such a pie in sky prediction!!). Good luck to those invested (which still includes me via my kids isa’s)

What do we know as ‘old poster’ island girl! I still don’t see why this is such a great buy over last drill, only has 10% extra chance of success....same was said with Otto drill over Somalia....now being said again with this drill ..... all still very much gambles ...new CEO probably very ltitle to do with new drill on timescales, Bandys old mate from Otto is the link. 3p based on 5p top last time, but now with added dilution. But money to be made on current share price (100% but better than bank rates over three years -rollininit).... so definitely a buy....despite Bandy who , was it orca energy? Who got fed up with him just a few months back.

You’d do very well on Matd board copying and pasting over and over..... That’s full of rampers too.... Time will tell .....and not long to wait.....and I was hardly negative, just saying timing everything.... 3p an dilution....we’ll see whose right....

There really is, but timing and entry critical in this share as you don’t want to be holding for three years when dormant after project like last few times.... Last time it reached 5p and we were all saying when spuds it will rocket as all had 50p memories of Somalia, the rise never came, it dropped to around 3.5p during drill had a brief rise day before duster announced. That’s why I see 3p at some point, as potentially better prospect, and not that many more shares in issue since 5p days......but I dare say city don’t have any faith in Bandy or be fooled by ‘front’ man he’s put in place.....even the few new posters on here says people are wary....so all I’m saying is, this will wise 100% of now, but time run and as someone else said, hit your target and get hell out.

Dilution - so if your a CEO and you’d just invested all your companies money near enough into a drill with 30% chance of success.....what are you going to fund your next project off if it goes with the 70% chance if a duster....the share price will be half a p if not less, as no longer cash in the bank....so if you find raise it’s going to be loads of shares and also why would anyone take them up with zero or next to zero assets. Whilst if he raises now, less shares to issue and guaranteed job as money in bank for next venture. Bandy has done it every time, usually just before the drill.

As long as Bandy on board , best I see is 3p, he’s too many drills in and city know his form. Market cap is currently cash value approx, it will have rises between now and drill, but sector overall no longer doing hyped rises in drill news that it used to. I’m extremely tempted to buy back in on top of shares I have in kids ISA’s, but the spread, Bandys dilution history stop me......all in all though a harsh week given announcement......if it pulls back further though i’ll Buy back in...

And constructively put.....so fair enough. I suspect current share price is due to time drill is away, people tend to pull in and out of stocks quickly on AIm... Be interesting to see when next rise occurs.... Still have some in my sons Isa’s So for their sakes and those invested I hope we see a rise....gla.

Excellent overview post ....

One further point, check out Matd....8 fully funded drills in next 2 yrs, 2 with 75% chance of success... Not ramping - those who think these boards can significantly influence a share price are dillusional...but that’s what these boards should be for....sharing possible opportunities .....MATD gamble just like all oilys, but at least 8 throws of the dice and no Bandy! Lol