RMP
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0.00% 1.7¢ red emperor resources nl

Yes very simply if the Wireline logging results comes back...

  1. kevin103
    2,283 Posts.
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    09/03/19
    17:03
    Post #: 37708871
    Yes very simply if the Wireline logging results comes back showing substantial thickness in pay zones then RMP will basically be a circa $300mil valuation company or around 60cents per share.

    If not then back to around 3cents per share.

    So the risk is 10c dropping to 3c and the reward is 10c spiking to 50-60c
    RMP Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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