Ann: RMP: Operations Update - Rig Mobilisation Underway, page-72

I was comparing between OEL, 88E and RMP on which one represents a better deal in terms of exposure to the upcoming Winx drill as they all really have roughly the same interest in Winx.

I ended up buying into RMP as their market cap is only $40mil with current $9mil in cash.

OEL is a producer but they are probably going to need a small capital raise either this or next quarter due to alot of exploration commitments .

88E - I had wanted to choose this mob as they are well funded with $20mil+ cash but at $120mil market cap currently I'm not sure on the asset base that justifies this value. Suppose Winx hits good oil, it could double from these levels for a 2x bagger ?

Good luck to Winx!