Member Info for Suthy

Agreed, he may not. But historically RMP have always
done a placing at higher prices, I.e 4p+
It’s quite clever as it ensures there are always funds and
by doing at a higher price he minimises the number
of shares needed. I am not saying it will happen but
it is a possibility. If oil is struck the rest is history as they
say.

Yes, good prospect, low number of shares and
well funded. There will be probably be a placing
at around 2p or 3p but that’s fair enough as it is how
all aim oil companies manage until they strike oil

Yes next week could be news. It’s definitely getting close I think.

I am assuming he/she put a 6p target based
on the announcement of a new drill. I agree with
the short term target of 2p.

Agreed, it does look like another roll of the rice this year .
It’s an exciting stock, but the rapid movements are not
for everyone. There is a lot of money to be made here as long
you are not greedy.

Agreed news expected. I think the RNS stated decision is given 10 days after submission. So I think it all depends when they submit it. The current permit is still in place until 19th Feb.

Agreed, volume is a key driver. I think you will see more
buying in the next week or so. One things for sure
it does not take much to get this moving.

If the permit is renewed successfully this will move
up quite rapidly. This is my opinion based on historical
movement of this share. RMP has only 500mill shares
I have a positive opinion on this share , you can take it or leave it.

Let’s discuss the share? Thought not

as usual no references to the RNS. This will move with positive news its as simple as that

Agreed. If you are going to buy, I think now is the time

It would be nice too see 0.65 taken out

Agreed, looking at those offer prices, it is looking promising. With some positive news i think this will literally
go straight to around 1.5p . I have monitored this stock for years and i am fairly sure that will happen all being well.

I expect that will happen next week as we enter into
February. With a bit of luck this may hit 2p ish in the next
few weeks. Let’s see what happens

Thanks Suhail for the information. Let’s hope there
is a sustained rise soon.

Patience is key here. I am happy to wait. Too many people
lose out on aim simply through lack of patience and
greed. I have my target , then I will be out.

Yes I should think so. I still think it will be around 1st or 2nd
week in Feb. There is then a 15 day approval time after
submission. I may buy a little more over the next few days.

It is very rare for a company to issue any new info in a quarterly update. I will come via a separate RNS

Agreed, and I did predict early Feb. The DMA buyer is probably thinking the same way. Although I maintain
they will also announce a shallow drill quite shortly as per the RNS. I am in no hurry and see this through until my price point
has been reached

Yes , that is very interesting . Someone is loaded up big time in the background