It is a very low key company. The MD is on about $110k, well below the Industry norm. Just quietly going about business until something happened.
The PNG pipeline got scrapped because it was becoming rapidly apparent that CSG in Queensland was bigger, far bigger, than any one had dreamed.
So , sort of suddenly , RPM is sitting on some of the best CSG acreage going and not only that but testing is already underway. And it is a lot bigger than many previously thought.
As I have said before,
A BLAZE OF GLORY
And Growler provides cashflow.....and the really big news. The Indians are coming!!!
RPM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held