RMP 0.00% 1.7¢ red emperor resources nl

Ann: Alaska North Slope Presentation - November 2018, page-6

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  1. 8,280 Posts.
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    @ronstieb

    Agree they'll be prudent & launch a CR pre-drill; however I feel that will be in early/mid January once they've commenced the road construction / drill mobilization (both scheduled for 1-Jan 2019 as per the last slide of today's ann).

    In which case, at that point in time the mkt cap should be around the 40-60m mark which puts the SP at somewhere in the range of 10-14c.

    Launching a CR at that point would be beneficial to all...
 
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