RMP 0.00% 1.7¢ red emperor resources nl

Moving Forward, page-3

  1. 181 Posts.
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    Really? What are you on?
    This is the reality for RMP: another raise to fund another well or oblivion.
    The only terms on which any major would come into those blocks is via a farm-in on a well by well basis and that means RMP will be diluted well out of the picture.
    I won't go on about how RMP has been managed over the last 2-3 years and the reasons for getting involved in this well but O&G is a big balance sheet game: RMP didn't and still doesn't have the balance sheet to play in this game.
    Just sayin.....
 
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Currently unlisted public company.

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